Unlimited client accounts
Manage multiple client accounts with complete accuracy and a clear view of funds across matters. As client accounting sits within Tessaract, every movement is directly linked to the relevant client and matter, removing ambiguity and ensuring full accountability.
Built in interest calculations for compliance
Calculate client interest directly within Tessaract, removing spreadsheets, reducing risk and easing admin.
Manage interest transparently within the same system as your financial data, strengthening SRA compliance and providing clear, defensible records.
Earmark funds with confidence
Client funds can be earmarked for specific purposes such as disbursements. Tessaract allocates and controls these funds automatically, preventing overspending and removing the need for manual tracking, while protecting compliance and client trust.
Connect fee earners
and finance
Fee earners request funds on account directly in the system, while finance generates client requests using templates.
When funds are received, transactions are pre-filled with key details, reducing errors, speeding up cash flow, and removing rekeying.
Full audit trail
from request to receipt
Track every request with a clear record of who, what, when and why.
From request through to posted transaction, maintain complete traceability, improving communication, strengthening compliance and reducing reliance on informal channels.
See every pound, trace every transaction
With client accounting native to Tessaract, it connects seamlessly to billing, matters and reporting.
Allocate funds to matters and settle invoices with full visibility, so you can track where money came from and how it was used.
This transparency strengthens compliance, improves efficiency and gives a clearer view of financial health.
Explore Tessaract’s fully native accounting suite today.
Want more accounting tools to better control your finances?
Legal tech insights from the Tessaract team
Is technology becoming a deciding factor for potential employees?
Recruiting and retaining talent remains a persistent challenge for mid-size law firms. They are competing with larger firms that can often offer higher salaries, structured career progression, and more established remote working options.
What processes are mid-market law firms automating and where should you start?
One of the greatest benefits of modernising your practice management software is the ability to automate more processes across your firm. Automation helps streamline operations, eliminate workarounds, and reduce manual tasks that otherwise occupy fee earners and support staff’s precious and often, expensive time.
Building the perfect tech ecosystem: Why a best-of-breed stack often beats the all-in-one myth
It’s easy to understand the appeal of the one ring to rule them all software: one partner, one login, one support contact, one magic piece of kit that delivers everything you ever wanted…
The hidden cost of workarounds. How legacy legal practice management systems are quietly holding your law firm back
A workaround is a temporary fix to a process that's been used by permanent staff for years. It’s when three systems, two spreadsheets and a very patient person do the job of one piece of software.
Beyond features: How to choose legal practice management software that delivers real outcomes
When it’s time to choose a new Practice Management System (PMS), it’s tempting to start with a checklist of features. Every demo looks impressive, every vendor promises the world — and before long, you’re comparing dashboards instead of results.
Is your legal Practice Management Software holding your SME law firm back? 16 questions to make sure your PMS is pulling its weight
Before diving headlong into new legal practice management software, it’s probably a good idea to first gauge if your PMS is in line with modern standards and expectations to highlight any glaring challenges worth worrying about.
Essential types of analytics and reports for your law firm's success
According to “Big Data: The Management Revolution” by Andrew AcAfee and Erik Brynjolfsson, the success of a business depends largely on how it is able to collect, process and interpret data from a multitude of sources. Due to this, organisations are now using technological tools to explore how their data can be used for good. One such essential technological tool in the legal industry is analytics and reports.
Demystifying data migration, it’s not as scary as you might think
In our discussions with SME firm leaders, nervousness around the daunting challenge of data migration–or so it is perceived to be–is often the reason given for not considering a move away from a legacy legal Practice Management System (PMS) to a cloud-native solution.
The true cost of failing to be cloud-first
Digital transformation through a cloud-first strategy is now essential for law firms to stay competitive and grow their businesses, says Mike Hinchliffe, General Manager EMEA at Tessaract
The fundamental guide to client onboarding
A precursive report found that 82% of organisations believe their onboarding approach to be a value driver. Meanwhile, 74% have a dedicated team for customer onboarding. In the same report, over half of the survey respondents said they believe improving their client onboarding process will enhance the enterprise's overall performance.