Practice management for accounting and advisory firms

What Stowbill covers

Engagements that move through clear stages

Every engagement or mandate moves through five stages. A partner approves each move, and the gate checklist for the stage must be complete first. If a job stalls, put it on hold, return it to an earlier stage or close it. The reason is kept on record, so nobody has to reconstruct the story later.

Planned hours against actual hours

Build a work plan of tasks for each engagement and give each task a budget in hours. As the team records time, Stowbill shows actual hours next to planned hours. You see an overrun while you can still do something about it, not when the invoice is due.

From approved time to an invoice

• Staff record time against the engagement and task.
• A manager or partner approves the timesheet.
• Export approved time to Excel for analysis or payroll.
• Raise an invoice with the correct tax rate. Invoice numbers are assigned in sequence.

Access on a need-to-know basis

People see the engagements they are assigned to. A read-only team role lets reviewers, trainees or consultants look without changing anything. Each firm's data is isolated from every other firm's at the database level, and multi-factor authentication protects sign-in.

Who it suits

• Audit and accounting firms of roughly 5 to 100 people.
• Boutique M&A, transaction advisory and restructuring firms that run mandates rather than recurring compliance work.
• Firms in Pakistan and the GCC that want pricing in line with the local market.

What is not there yet

Stowbill does not yet connect to accounting software such as Xero or QuickBooks, to email or calendars, and it does not offer single sign-on (SSO). If you need any of these today, tell us during the demo.

Questions