LBMC places order for IRIS Star Practice Management and MS Dynamics 365 BC
Brentwood, TN based LBMC P.C. placed an order for IRIS Star Practice Management & MS Dynamics 365 BC. The firm spent much of 2020 reviewing both CPA specific solutions and more generic ERP systems before deciding on Star. The project is scheduled to go live in August 2021. LBMC employs around 700 people across three offices and the LBMC group were ranked 43rd in the August 2020 listing of the US Top 100 firms by Inside Public Accounting.
The COO of the firm, John Litchfield comments, “The firm plans to continue to grow substantially in the coming years and we needed a Practice Management system that is more aligned to our needs today and those we expect to have in the future.”
“The team’s research led us to a short list of four vendors, including our present provider,” John continues, “but as we reviewed each solution in greater detail, it became very clear to us that the Star solution provided the best match of the depth and breadth of functionality we required. This was more of a reassurance than a surprise given it is a solution written for CPA firms and is widely used in the Top 100. What also made the Star proposition compelling was the amount of specific knowledge and experience of the CPA market held by their consulting team as we went through our due diligence process. Speaking with a number of Star’s existing clients endorsed this view.”
Star will also be providing and supporting MS Dynamics 365 BC for AP and GL, for which they provide deep bidirectional integration with Star Practice Management.
The Managing Director of Star, Bernard Skalla, adds, “Through our mutual connections with organizations such as ITA and Boomer, LBMC has been on our radar for many years as a firm we wanted to work with and we are delighted that after a very thorough review of the market they have selected Star as their next generation of Practice Management solution.“
Initially founded as a traditional accounting firm in 1984, LBMC has become the largest professional services solutions provider in Tennessee. As a top 50 firm in the country, we’ve become industry leaders in accounting and finance, human resources, technology, risk and information security, and wealth advisory services for both businesses and individuals. Through all the growth and change, one defining trait has always remained the same: the genuine southern hospitality they bring to every client.
For information, visit www.lbmc.com