Improve visibility and accuracy of your billing and financial data so you’re always in control of your firm’s profitability and future. With the integrated Osprey system, you have the tools to monitor, analyse, and deep dive into your financial data so you’re always prepared and in-the-know.

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Legal financial reporting & analytics software

Extensive, built-in financial and management reports provide the information you need to run your law firm more effectively. Choose from our library of reports or build your own to extract any data set you need from Osprey that’ll enable you to make data-driven business decisions, meet compliance regulations, and secure accreditations.

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Full visibility of your law firm’s finances

To be in control of your finances, law firms need visibility. With Osprey you’ll have a 360-degree view of your client and office accounts, with side-by-side client ledger postings and support for as many bank accounts as you need. You can also manage your business finances, using the nominal ledger for all your law firms’ outgoings, invoices and receipts.

With full integration to the entire practice management software, you’ll have access to everything you need in one central platform. Process payments quicker and get paid faster with your legal accounts accessible from anywhere at any time.

Simplify staying compliant

With so much regulation to consider, you can rest assured that our integrated package provides a fully compliant framework for your law firm accounting. With Osprey you’ll have the digital tools for recording, tracking, reporting, and managing regulatory responsibilities and ensure applying for accreditations or meeting SRA compliance rules is easier to manage, reducing both the cost and time of staying compliant. Ensure your accounts team and COFA always have the data they need when they need it.

Core legal accounting reports

VAT MTD

Client reconciliation

Aged creditors

Credit limit warnings

Profit and loss

Budget analysis

Period and year end

And more…

View the list of reports

“The reporting aspect, I think, is probably one of the most appealing features because every single report that you can think of is on there. If you somehow manage to think of a report that isn’t on there, you can simply build it within the report writer.”

Alex Simons, New Business Manager, The Law Factory

“The reporting side of Osprey is really good, it’s probably the most useful feature to us on a management level. It’s easy to build new reports and pull out the data we need to analyse.”

Sophie Holdsworth, Operations Director, Farnworth Rose

Key financial & accounting reports features:

Configurable reporting

Choose from over 50 core reporting templates within Osprey so you can easily pull reports on the important financial details you need to monitor performance.

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Audit trails

Stay in control of your finances with auditing functionality that provides you with transparency and peace of mind.

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Report writer

Create your own reports, using any data source from Osprey, so you can view your practice in the way that suits you.

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Custom data sets

Build reports that provide a 360 degree view of your finances. Filter and group by any currency, bank, journal, fee earner, financial period, client etc.

Interactive dashboards

Integrated with Microsoft’s Power BI, you’ll be able to visualise your data in interactive dashboards that help to uncover hidden insights through that delivers impactful results.

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Scheduled reports

Schedule any report to automatically arrive in your inbox. Sent via email, you can ensure the relevant reports are sent to your management teams when you need them.

10 performance and financial reports every managing partner needs

Download our guide to discover how to be a data-driven law firm and where to begin with law firm KPIs and performance reporting to drive success.

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The Osprey Approach All-in-One Solution

The complete Osprey Approach solution combines comprehensive case management, powerful practice management, legal accounting, and a secure web portal so you can run an effective and profitable firm.

Discover more features that streamline your legal accounting processes:

Core Accounting

Billing

Financial Reporting

View Full Solution

See Osprey in action

Discover the power of Osprey Approach in a free, no obligation demonstration, and learn why thousands of lawyers trust our software solution to manage their firm. Complete the form and a member of our sales team will be in touch to find out more about your firm’s needs and to book a meeting at a time that suits you.