Practice management software provider ImagineTime, which works with accounting firms, has partnered with Mango Billing for a “next-generation practice management solution,” according to a press release.
The collaboration aims to “increase firms’ revenue, save time and resources, boost productivity, and provide world-class support and service,” combining ImagineTime’s own secure file sharing and eSignature services with Mango Billing’s features for tracking, invoicing and scheduling, the release stated.
The new service will come with an enhanced list of features, according to the release, including fully scalable industry-ready and web-based products; a comprehensive practice management system; native, integrated payment processing; integrated secure file sharing and electronic signatures; and a client portal with full document management.
In addition, there will be integration available for services like QuickBooks Online and Desktop, along with a fully modern technology stack.
ImagineTime CEO Carl Coe said “Mango Billing will revolutionize” the software provider’s suite of offerings, which is “designed to give accountants all the tools they need to efficiently manage their practice.”
Mango Founder Tim Sines said both companies’ products “have been created by accountants who spent years running their own firms and understand the needs of the business” and that the partnership will help firms “through a tech-first approach.”
In separate news, PYMNTS reported that accountants have not been able to drive successful collaborations with small- to medium-sized businesses (SMBs). Receipt Bank CEO Adrian Blair said that’s because it’s often difficult to assemble the books, with SMBs’ funds often needing to be collected from various sources and digitized when they aren’t already.
“When you go into the detail of what it takes to successfully compile, transcribe and codify information, then send it to accounting software, across many different small business clients, then you realize this is a huge pain point for accountants,” said Blair.
New solutions include integrating with other back-office programs and open banking.