To give a bit of history: while Timeslips has been around for over 30 years, until 2017 the only option was a traditional “perpetual” model that was released each year (i.e. Timeslips 2009, Timeslips 2015). Once owned, upgrading was optional (though encouraged), and typically the current and 2 previous versions were considered supported versions.
Beginning October 1, 2020, the perpetual version of Timeslips was no longer offered. The only option available now is Timeslips Premium, which is subscription based and requires annual renewal. Since the initial release of Timeslips Premium in approximately 2017, the major differentiators in the former Silver, Gold, or Platinum plans focused primarily on support options. With the new Premium Plans, the differentiators are primarily focused on features and functionality. There are now 4 tiers available:
- Maximum one license can be installed (note this is not related to the number of timekeepers, but the number of workstations where Timeslips is installed)
- Has the most limited set of features
Standard (starts at $980/year**)
- Licenses capped at 4 Licenses (**at additional cost per license)
- Includes additional features such as TALPro (Link with Quickbooks), Custom reports and more
- Includes 1 E-center License
Pro (starts at $1300/year**)
- Unlimited Licenses can be installed (**at additional cost per license)
- Includes Client Funds (Trust Accounts), Fee Allocations, Split Billing, Calculated Fields, and more
- Includes 2 E-Center Licenses
Elite (starts at $1450/year**)
- Unlimited Licenses (at additional cost per license)
- Includes Ability to Undo Multiple Bills, Bill reminders, mail merge, and more
- Includes 3 E-Center Licenses
How to Choose?
For firms new to Timeslips, it will be a fairly simple process of choosing the tier and functionality that they need. For upgraders, the situation is more complex, as they currently have a version that is not limited and will need to evaluate which tier matches their current (and future) needs. A detailed review of the features in each level is important to choose the appropriate Tier.
If you would like more detailed information or to have a quick conversation about your options, please give our office a call or Contact Us. In our next blog post, we’ll address some Frequently Asked Questions.