Technology and business consultancy firm Agencydna has launched a new cloud-based management software, AccountAbility, for UK and Europe.

The new software tool, which is designed to meet the complex needs of modern agencies, integrates financial and client management within agencies in one cloud based application.

AccountAbility functions include timesheets, timelines, job maintenance, estimating, contact reports, purchase orders, production reports, media schedules and bookings, general ledger, accounts receivable and payable.

The new release claimed to accommodate multi-level reporting structures and also provides agencies with an integrated multi-lingual and multi-currency applictaion.

It also works across all operating systems and has a dedicated iPhone and iPad timesheet app for the increasingly mobile workforce, the company said.

Agencydna founder Chris Lever said: "With AccountAbility agencies now have a choice. Stay with the legacy, or take advantage of a fully integrated system, purpose built for agencies, based in the cloud solution, and turn more income into profit."