Accounting & Financial Advisory
Run your practice as precisely as you run your clients' books.
Accounting firms, auditors, and financial advisory practices manage dozens of concurrent client engagements, strict regulatory deadlines, and complex billing arrangements. We implement Odoo-powered practice management systems that automate timesheet collection, project billing, client document management, and regulatory deadline tracking — so your team focuses on advisory, not administration.
Challenges in Accounting & Financial Advisory
These are the operational hurdles we help accounting & financial advisory businesses overcome every day.
Scattered Client Documents
Financial statements, tax returns, and correspondence live across email, shared drives, and local folders — making document retrieval slow and risky.
Time Tracking Leakage
Partners and staff forget to log hours, leading to under-billing. Manual timesheet collection at month-end is inaccurate and time-consuming.
Deadline Management
Tax filing deadlines, audit schedules, and compliance dates for dozens of clients — one missed deadline can mean penalties and lost trust.
Complex Billing
Some clients are fixed-fee, others hourly. Some engagements have caps. Managing different billing models manually leads to revenue leakage.
How We Help Accounting & Financial Advisory Businesses
Purpose-built ERP modules and custom solutions that address your industry-specific needs.
Practice Management Hub
Every client engagement in one place — team assignments, milestones, documents, communications, and billing. Partners see firm-wide utilization at a glance.
Smart Time Tracking
Desktop and mobile timers with automatic activity suggestions. Weekly timesheet approvals with manager review and missing-entry reminders.
Deadline Automation
Regulatory deadline calendars with automated reminders, escalation workflows, and status dashboards. Never miss a filing date again.
Flexible Billing Engine
Support fixed-fee, hourly, milestone, and retainer billing models. Auto-generate invoices from approved timesheets with engagement-specific rates.
Secure Client Portal
Clients upload documents, sign engagement letters, review deliverables, and pay invoices through a secure branded portal.
Workload Planning
Visual capacity planning shows team allocation across engagements. Identify overloaded staff and balance workloads before deadlines crunch.
Key Modules & Tools
Our Implementation Process
Practice Assessment
Review your service lines, client portfolio, billing structures, and current tools to design an optimal practice management workflow.
System Configuration
Set up engagement templates, billing models, deadline calendars, and document workflows aligned with your firm structure.
Data Migration
Migrate client master data, engagement history, and outstanding WIP from your existing systems.
Rollout & Training
Train partners, managers, and staff on time tracking, billing, and client portal. Phased go-live by department.
Frequently Asked Questions
Can different partners have different billing rates?
Yes. Billing rates can be set at the employee level, engagement level, or client level with automatic rate selection based on configurable priority rules.
How secure is the client document portal?
We implement role-based access controls, encrypted storage, and audit trails. Clients can only access their own documents, and all uploads/downloads are logged.
Will this replace our existing accounting software?
It can, but it does not have to. Odoo Accounting can serve as your firm ledger, or we can integrate with your existing software (QuickBooks, Xero, etc.) for client accounting while using Odoo for practice management.
Related Industries
Modernize Your Practice
Tell us about your accounting & financial advisory business and we'll design a tailored ERP solution within 24 hours.