Cyprus has a strong professional services sector — law firms (~1,500), accounting/audit firms (~600 ICPAC-registered), and consultancies serve both domestic and international clients (Russian, Israeli, Middle Eastern). Our platform handles time-and-materials billing with WIP (work in progress) tracking, client trust accounts segregated per regulation, AML/KYC for accountants per ICPAC, and conflict-of-interest checks.
You're a 25-lawyer firm tracking 8 hours/day × 250 days = 50,000 timesheets annually.
Time entry on mobile + desktop, AI-assisted matter tagging, WIP aging report by partner/matter, billing realization rate per attorney. Auto-invoice generation at month-end with timesheet attachments.
Client deposits €200k for property purchase escrow — trust account segregation.
Trust account ledger separate from operating accounts. Reconciliation daily (Cyprus Bar requirement). Client statement on demand. Audit-ready for Bar Council annual inspection.
New client onboarding — ICPAC requires AML/KYC for accountancy services.
AML workflow per ICPAC guidelines: identity verification, source-of-funds questionnaire, PEP screening, risk-based assessment (low/medium/high), enhanced due diligence triggers. Audit trail retained 7 years.
Each module is subscribed at its own brand-domain.
