Performance Improvements at the CLI Hanover Datacenter

NEWS RELEASE – Performance Improvements at the CLI Hanover Datacenter We have been working for some time to improve performance for both the PowerPM Hosted Solution and TrakTime Web. Specifically, • We doubled the available memory on the host ESXi server • We installed a new array of Solid State Drives (SSDs) and moved critical […]

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Why Timesheets?

There has been a lot of press recently about value billing and the possibility of doing away with timesheets.  Ron Baker has been leading the charge on this point for decades and there are a number of firms that have switched over to the value billing approach — which I concur is a better way […]

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Tracking Reserves

Reserving against WIP is expensive as it is generally done by the principals in the firm.  Yet there is very little automation to make it faster and easier for these busy people to perform this task.  Where such software exists, it seems to be an afterthought.  In many firms reserves are handled at the financial […]

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New for TrakTime Web

Weekly Grid View: TrakTime Web now offers Weekly Grid view to accommodate different staff entry preferences. Details here. Time Entry on the Quick Enter Line (QEL): Here is a link to learn more about using TrakTime Web.

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Fixed Fee Billing III

Here’s more on fixed fee billing: Even the largest and most uncertain projects can be quoted with the fixed fee approach by quoting it in phases. Take an initial chunk that you can agree on and quote that. If possible quote the next phase at the same time so that the client always has a […]

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Fixed Fee Billing II

Here’s more on fixed fee billing:   Partners and managers put a great deal of work analyzing an engagement when it is complete, largely for the purposes of billing. The analysis usually results in writing off 20% or more of the time. If that same work were to go into reaching a clear understanding with […]

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Fixed Fee Billing I

  There is a lot in the CPA industry pubs these days about fixed fee or value billing. The JoA is running a three-part interview with Ron Baker, value billing evangelist and very smart fellow. Full disclosure: I am a believer and my company, Commercial Logic, has been using fixed fee billing for years. So […]

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PowerPM 7 Hosted Solution Major Release

  FOR IMMEDIATE RELEASE November 30, 2015 Hanover, NH. Commercial Logic today announced a number of updates for its PowerPM Hosted Solution.  Releases include: PowerPM 7, a major release that includes new capability to distribute bills and statements by email to those clients of the firm that chose that TrakTime Mobile, the smartphone/tablet companion to […]

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Automated Reports

Hanover, NH.  Commercial Logic today announced Automated Reports, a package of automation improvements in the generation and distribution of PowerPM reports. Automated Reports offers several major improvements in reporting: Reports may distributed by email, with each principal receiving just his portion of the whole report Reports may be set up and then run on a […]

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