Simplify interest calculations
Automatically calculate the interest earned from client accounts directly within the Osprey case management software using the interest calculator feature. Take out the time-consuming work of manually calculating interest earnt on matters and fully customise bands, accrual periods, and rates.
Make calculating interest easier
Save time
Calculate interest on your client matters within Osprey in just a few clicks. This can be done for a single client matter or multiple matters at once.
Improve visibility
Calculated interest is clearly listed in an easy-to-follow chart, along with options to include filters for more specific results.
Guarantee accuracy
Interest is automatically calculated using data already stored in Osprey, ensuring the results are accurate to reduce the chances of a costly errors.
Interest calculator features:
Automatic calculations
Meet the expectations set by the Solicitors Regulation Authority (SRA) by automatically calculating any interest due to clients and reducing the potential risk for human error.
No external software required
Interest can be fully calculated within Osprey, without the need for external software.
Bulk calculations for multiple matters
Interest can be individually calculated for a specific client matter or in bulk for all your active matters.
Edit bands
Directly edit bands for interest based on information from your bank to get as accurate calculations as possible.
Set accrual periods and currencies
Set accrual periods on a monthly, quarterly or annual basis and choose different currencies.
Detailed reporting
Gain visibility on interest earnt by creating reports and filtering data by work type, specific fee earners, or specific interest limits.
Legal 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.
View the interest calculator in action
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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.
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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.
