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Legal office accounting software for UK law firms
Osprey helps you to manage the day-to-day running of law firm by streamlining and connecting your finances with your practice and case management solution. Without the need of additional software systems, you can manage your office accounts, client ledgers, bill clients, submit VAT, manage multi-currencies, track time, and report on your financial performance within one central solution.
Simplify your legal business accounting processes
Without time-consuming admin tasks and paper-based processes, you can run a streamlined accounts department with ease. The accounts software is fully integrated with the practice and case management tools within Osprey so you reduce data entry, mitigate risk, and gain a clear 360 degree picture of your client and office accounts. Be in control of all incoming payments and outgoing bills, your VAT and compliance requirements so you can run an efficient team.
Speed up bank reconciliations
Reconcile your bank statements with a simple click. You remain in control to make any amendments before completing.
Cross-reference and tick transactions manually or import your statement and have them automatically matched. Our accounting software allows you to adapt to whatever is most convenient for you.
Key law office accounting software features:
SRA compliant
Osprey is fully SRA compliant to ensure we’re making your accounting processes as simple and ad stress-free as possible.
MTD compliant
Successfully submit your VAT returns digitally into the HMRC MTD gateway with Osprey.
Manage multi-currencies
Accounting and invoicing made simple when you can manage multi-currencies within Osprey.
Projected ledger balance
Ledgers show actual and projected balance so you can monitor and track budgets and limits effectively.
Nominal, ledgers, banks & journals
Easily manage your office accounts alongside your client accounts with clear and comprehensive nominal ledgers, purchase ledgers, and journals.
Out of period posting
Work in multiple financial periods simultaneously so you’re always one step ahead.
Track disbursements
Easily manage disbursements across your team so nothing is missed.
Gain clarity and peace of mind
With a centralised and connected platform, you can be confident in your financial data, have peace of mind that your reducing risk and can successfully prepare for audits. Remove duplicate data entry, streamline accounting workflows, and improve accuracy of your financial reports with Osprey, the all-in-one practice management solution. With the pressures and cost of stay compliant increasing, you can rest assured our solution provides a fully compliant framework for your law firm accounting that is HMRC and SRA compliant.
Why you need to involve your accounts department when purchasing new legal tech
Watch our webinar with Alex Simmons, from The Law Factory, to discover the importance of involving your accounts team when buying new legal tech, but also the risks if the team isn’t involved.
Related resources…
How to reduce the cost and time of staying compliant
Discover five ways to reduce the cost and time of staying compliant using case management software to streamline and centralise.
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How legal tech can help solicitors stay compliant with SRA Accounts Rules
Advice and guidance from legal accounting expert Alex Simons, from The Law Factory, on how your legal tech can assist in meeting the requirements of the SRA Accounts Rules.
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Tools to assist law firms with the Lexcel assessment
By implementing the right tools within a practice and case management system, your for firm’s productivity, compliance, and visibility will improve and will help build a stronger foundation.
Find Out MoreThe 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:
Access better software support and an all-in-one solution
Upgrade your practice and case management system today, to Osprey, and make it easier to run your firm. Book an initial demo to see the software in action, get pricing details, and information on our implementation and data migration services.
