InnoTrust

InnoTrust

Innovest Systems
Soluno

Soluno

Devlos Software
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About

Innovest’s flagship product, InnoTrust, offers a dramatically better way to support the accounting and reporting needs of trust companies, banks, private banks, retirement plan administrators, and others that need to control, account for and report on assets held in trust, wealth, and retirement accounts. We are web services/API enabled, allowing seamless third-party software and internal program compatibility, topped with easy access to customer data through the user-friendly navigation. We provide a full suite of portfolio management tools including rebalancing, trade blotters, trade order management, and integrated performance reporting. Full principal, income, and tax lot accounting services, along with cost basis tracking and a Tax Reporting functionality that includes system-generated 1099s, 5498s, and tax worksheets. Includes exception tracking, configurable questions and answers, and follow-up tickler tracking.

About

Soluno is a cloud-based accounting and billing software designed to accelerate law firms. With a full, easy-to-use suite of time/expense entry, billing, accounting, trust, and reporting features, law firms get everything they need to master their business. Work more efficiently and maximize productivity with Soluno's best-in-class trust accounting, billing, usability, value, and 5-star customer support. Soluno offers 100% free data conversions from 14 of the industry's most common solutions.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Companies, banks, private banks, and retirement plan administrators seeking a solution for their accounting and reporting needs

Audience

1-100+ : supports law firms of all sizes

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

$49 per month per user
Cost per user decreases as number of licenses goes up. Part-time users share licenses.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 4.6 / 5
ease 4.8 / 5
features 4.4 / 5
design 4.8 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • The interface is a big improvement over our previous software. Timekeepers are very happy with the ease of posting dockets and particularly enjoy the heat map to review time targets and daily entries. We have enjoyed increased billing efficiency for clients with multiple invoices in a billing period. Support is very responsive, friendly and effective. We were able to integrate the software with our DMS.
  • This program is so user friendly and easy to use, it makes the accounting side of running a firm fun! Customer service is nothing short of wonderful. Support team is very responsive and give a clear impression that they want to help - no question is too silly.
  • Easy to use. Quick response from customer service. Problems are resolved. quickly. The trust accounting is accurate and has appropriate reports. Interface is clean and easy to navigate. Soluno integrates well with credit card processing system.
  • I really like the data input section. Most daily functions are conveniently found on one page.
  • Easy to use, any time we've had any problem we have been able to immediately reach someone via the chat feature and have it remedied. It's made our lives a lot easier. The training was very informative and we feel like we were able to get the hang of the new system fairly quick. Good value for the money.

Cons

  • As newer software, there are some features, adjustments and reports that are not yet available. Soluno has added features and continues to update the software (even in the short time we have been with them), so I expect my rating will be 5 stars by the end of this year.
  • We are new to the program, so still ironing out some kinks, but just a couple of things we have noticed. It is not yet possible to delete or close files, but I understand they are working on that and there was a hack we were taught to organize all files we need to delete together, so they are easily identifiable. At this stage, we have not yet been able to figure out how to allocate write downs to a specific fee earner on bills, for accurate recording of a fee earner's billed amount for bonus purposes.
  • Soluno does not currently have any budgeting capabilities.
  • Fee adjustment at time of billing needs improvement.
  • A couple things we've looked for haven't been there or were hard to find, but the few things that were missing that we needed were remedied by the team within a week.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Innovest Systems
Founded: 2000
United States
www.innovestsystems.com/innotrust/

Company Information

Devlos Software
Founded: 2014
Canada
www.soluno.legal

Alternatives

Alternatives

PCLaw

PCLaw

LexisNexis
Resly

Resly

Resly Solutions
CosmoLex

CosmoLex

ProfitSolv
Clio

Clio

Themis Solutions
FASTER

FASTER

FASTER Systems
AbacusLaw

AbacusLaw

Abacus Data Systems

Categories

Categories

Trust Accounting Features

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Trust Accounting Features

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Law Practice Management Features

Billing & Invoicing
Calendar Management
Client Portal
Conflict Management
Contract Management
CRM
Document Management
Email Management
Legal Case Management
Task Management
Time Tracking
Trust Accounting

Legal Billing Features

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking

Legal Calendar Features

Case Defined Timekeepers
Completion Tracking
Conflict Management
Multi-Office
Reminders
Rules-Based Scheduling
Staff Calendar
Status Tracking
Task Management

Legal Case Management Features

Billing Management
Calendar Management
Case Notes
Client Management
Communication Tracking
Conflict Management
Corporations
Court Management
Discovery Management
Docket Management
Document Management
Expense Tracking
Government
Law Firms
Records Management
Task Management
Time Tracking
Trust Accounting

Legal Document Management Features

Access Controls
Archiving & Retention
Collaboration
Contract Management
Document Assembly
Document Indexing
Document Tagging
Full Text Search
Version Control

Integrations

8am CasePeer
8am LawPay
Clio
LawGro
LawToolBox
Microsoft Outlook
NetDocuments
Stax

Integrations

8am CasePeer
8am LawPay
Clio
LawGro
LawToolBox
Microsoft Outlook
NetDocuments
Stax
Claim InnoTrust and update features and information
Claim InnoTrust and update features and information
Claim Soluno and update features and information
Claim Soluno and update features and information