TimeSolv
TimeSolv is a cloud-based time tracking, billing, and trust accounting SaaS platform serving primarily SMB and mid-market law firms, with extensions for consultants, accountants, freelancers, and PR firms. It operates on a subscription model under ProfitSolv Purchaser, Inc.
- Company typePrivate
- Founded1999
- HeadquartersEagan, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What TimeSolv does
TimeSolv is a cloud-based time tracking and billing software platform founded in 1999 and operated as a product brand under ProfitSolv Purchaser, Inc., a privately held Florida corporation headquartered in West Palm Beach. The platform is purpose-built for legal professionals and combines automatic time capture, invoicing, built-in trust accounting compliant with bar requirements, payment processing (TimeSolvPay), project management, reporting (30+ built-in reports), a client portal, and a CRM layer delivered via integration with Law Ruler. The product is delivered as a subscription SaaS with flexible tiered pricing scaled to firm size, supported by a mobile application for iOS and Android that enables offline time entry and receipt capture.
The company employs 11-50 people and serves thousands of law firms as its primary customer base, with additional vertical targeting of consultants, accountants, freelancers, and PR firms. Go-to-market is a hybrid product-led and sales-assisted motion, with a 10-day no-credit-card free trial and demo scheduling as primary acquisition channels, augmented by bar association partnerships, content marketing, and a customer referral program. Revenue is generated through recurring monthly subscriptions with optional built-in payment processing fees, and the company claims an industry-leading 97% collection rate for customer invoices and a 4.7 average rating across G2, Capterra, GetApp, and Software Advice.
TimeSolv integrates with a broad ecosystem of adjacent tools — QuickBooks, LawPay, NetDocuments, Dropbox, Xero, AccountEdge, OneDrive, and Outlook — to fit into existing professional services workflows. The platform has accumulated 25+ years of legal-domain knowledge embedded in features like ABA task codes and three-way trust account reconciliations, and in 2025 it received SelectHub's #1 usability ranking, Capterra Shortlist, GetApp Leader, and Software Advice Front Runners designations. The September 2025 Law Ruler CRM integration marks a recent step toward broadening the platform from a time-and-billing tool into a more comprehensive practice operations suite for small and mid-market law firms.
TimeSolv firmographics
Firmographics- Name
- TimeSolv
- Legal name
- ProfitSolv Purchaser, Inc.
- Website
- https://TimeSolv.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TimeSolv is a cloud-based time tracking, billing, and trust accounting SaaS platform serving primarily SMB and mid-market law firms, with extensions for consultants, accountants, freelancers, and PR firms. It operates on a subscription model under ProfitSolv Purchaser, Inc.
- Ownership category
- akta.pro rank
TimeSolv industry classification
Industry- Product category
- Legal Billing Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where TimeSolv is headquartered
LocationHeadquarters
- HQ city
- Eagan
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TimeSolv business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Software: TimeSolv operates on a subscription model with flexible pricing based on firm size and needs. All plans include core features like time tracking, invoicing, payments, trust accounting, and reporting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Flexible tiered pricing for different firm sizes |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
TimeSolv product offering
Product offeringCore offering
TimeSolv is a cloud-based legal time tracking and billing software platform that enables law firms and professional services firms to capture billable hours, generate invoices, process payments, manage client trust funds, and produce data-driven reports. The platform bundles automatic time tracking, invoicing, built-in payments (TimeSolvPay), compliant trust accounting, CRM, and project management into a single subscription solution targeted primarily at small to mid-market legal practices.
Product overview
TimeSolv is a single, unified legal time tracking and billing software platform designed for law firms and professional services firms. The core product combines time tracking, invoicing, and payment processing (TimeSolvPay) with built-in compliance features like trust accounting and data-driven reporting. Additional modules include a mobile app for on-the-go time entry, client portal for secure document/invoice sharing, project management tools, and CRM capabilities via Law Ruler integration. The platform supports multiple industries including law firms, consultants, accountants, freelancers, and PR firms, with over 30 built-in reports and integrations with accounting tools like QuickBooks, Xero, and AccountEdge.
Differentiator
Problem solved
Functional benefit
Brands
- TimeSolvPay: Built-in online payment processing feature allowing credit card and ACH payments directly from invoices.
Products and services
- TimeSolv Cloud-based legal time tracking and billing software platform that enables law firms and professional services firms to track billable hours, generate branded invoices, process payments, manage trust accounting compliance, run reports, manage projects, and handle CRM. Ranked #1 for usability with a 97% collection rate and 25+ years of legal-specific experience.
Quantifiable outcome
- 97% collection rate
- +3 more outcomes
Companies that use TimeSolv
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles5 records
TimeSolv technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature8 records
TimeSolv partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Law RulercoreTimeSolv integrates with Law Ruler, a CRM built specifically for law firms. Provides marketing automation, client intake, and analytics tools to help firms streamline operations and increase referrals. Addresses the challenge that acquiring a new client costs up to 5x more than retaining an existing one.
- QuickBookscoreTwo-way sync with QuickBooks for accounting professionals. TimeSolv offers QuickBooks Certified staff to help customers get started. Integration reduces manual entry and workflow disruption.
- LawPaycoreIntegration with LawPay for legal-specific payment processing. Accepts credit cards and ACH payments through TimeSolvPay feature.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
TimeSolv competitors and assessment
Company assessmentDirect peers
- Clio: Clio is the leading cloud-based legal practice management platform, offering time tracking, billing, trust accounting, case management, and document automation. It directly competes with TimeSolv across the entire SMB-to-mid-market law firm segment with a much larger product footprint and venture capital backing.
- MyCase: MyCase provides legal practice management software with built-in time tracking, invoicing, online payments, and client communication tools. It serves the same SMB law firm buyer as TimeSolv and overlaps directly on time-and-billing workflows.
- PracticePanther: PracticePanther offers legal practice management software including time tracking, billing, trust accounting, and document management. It targets small and mid-sized law firms with a similar product surface and pricing model to TimeSolv.
- Smokeball: Smokeball is a legal practice management platform with automatic time tracking, billing, trust accounting, and matter management. Its automatic time capture feature directly competes with TimeSolv's flagship capability and serves the same small law firm buyer.
- Rocket Matter: Rocket Matter is a cloud-based legal practice management platform that offers time tracking, billing, payments, and matter management. It competes head-to-head with TimeSolv in the SMB law firm market with a comparable feature set and subscription pricing.
- CosmoLex: CosmoLex combines legal practice management with built-in accounting, including time tracking, billing, trust accounting, and full bookkeeping. It is comparable to TimeSolv because it directly addresses law firms' combined billing-and-accounting needs and competes for the same SMB buyer.
- Bill4Time: Bill4Time is a time tracking and billing platform built for professional services firms including legal, accounting, and consulting practices. It overlaps with TimeSolv on time tracking, invoicing, and payments across a similar customer base.
Emerging players
- LeanLaw: LeanLaw is a legal billing and accounting software built specifically for solo and small law firms. It overlaps with TimeSolv's billing, trust accounting, and QuickBooks integration capabilities and targets a closely adjacent niche of bootstrapped legal practices.
Others
- NetDocuments: NetDocuments is a cloud-based document management system for legal and professional services. It is both a TimeSolv integration partner and an adjacent platform that competes for legal software wallet share, making it a relevant comparable in the broader legal SaaS stack.
- LawPay: LawPay is a legal-specific online payment processor integrated with TimeSolv through TimeSolvPay. It is comparable because legal payments is the same adjacent revenue layer TimeSolv is trying to capture, and it represents both a partner and a potential vertical competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
TimeSolv social profiles
Digital presenceTimeSolv financial estimates
Financial estimateRevenue estimate
Valuation estimate
TimeSolv leadership team
Management profileNumber of profiles
Profiles1 record
TimeSolv funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TimeSolv M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TimeSolv
What does TimeSolv do?
TimeSolv is a cloud-based legal time tracking and billing software platform that enables law firms and professional services firms to capture billable hours, generate invoices, process payments, manage client trust funds, and produce data-driven reports. The platform bundles automatic time tracking, invoicing, built-in payments (TimeSolvPay), compliant trust accounting, CRM, and project management into a single subscription solution targeted primarily at small to mid-market legal practices.
Is TimeSolv a public or private company?
TimeSolv is a private company. It is classified as corporate owned and is currently operating.
When was TimeSolv founded?
TimeSolv was founded in 1999. It employs 11 to 50 people.
Where is TimeSolv based?
TimeSolv is headquartered in Eagan, United States, in the North America region.
How does TimeSolv make money?
One revenue line is on record: subscription Software.
Who are TimeSolv's main competitors?
Direct peers on record are Clio, MyCase, PracticePanther, Smokeball, Rocket Matter, CosmoLex and Bill4Time. LeanLaw is listed as an emerging player. Others are NetDocuments and LawPay.
Does TimeSolv have an API?
No public API is recorded for TimeSolv.
What industry is TimeSolv in?
TimeSolv's product category is Legal Billing Software. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 518 and its SIC code is 7370.