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  • Copyright 2017 PeerViews Inc. All r ights reserved.

    www.technolawyer.com

    Hot new products for lawyers and law office administrators.TL NewsWireTM

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    G iving clients more options to pay you results in faster payment. Consumers like using credit cards when their checking account is running on fumes, while a growing number of businesses prefer paying by ACH (echeck) for security reasons. However, third-party payment providers often charge fees and take a few days to release funds.

    Abacus Payment Exchange ... in One SentenceLaunched recently, AbacusNexts Abacus Payment Exchange (APX) is a payment processing platform that works within the companys AbacusLaw, Amicus Attorney, and Amicus Online practice management systems.

    The Killer FeatureAPX addresses many complaints law firms have about payment providers. Theres no contract, no monthly fees, no monthly minimums, and no additional fees for premium credit cards. Ins-tead, APX charges a flat 3% of each credit card

    transaction. ACH payments sail through free of charge. In most cases, APX deposits payments into your designated bank account overnight.

    APX is convenient and easy to use when clients want to pay with credit card, said Ohio-based lawyer Norman J. Ullom-Morse. It costs us substantially less than the previous vendor we used. It also works really well in the cloud environment. At this point, APX has become a necessity for my practice.

    Other Notable FeaturesAbacusLaw, Amicus Attorney, and Amicus Online contain an onboarding wizard for APX. This wizard auto-fills much of the required information such as your firms address. You can finish the signup process anytime in case you need to retrieve information.

    The wizard verifies and authenticates your credit rating through Vantage, an independent

    Abacus Payment Exchange Adds Payment Processing to AbacusLaw, Amicus Attorney,and Amicus OnlineBy Neil J. SquillanteAugust 23, 2017

    APX is convenient and easy to use when clients want to pay with credit card, said

    Ohio-based lawyer Norman J. Ullom-Morse.It costs us substantially less than the previous

    vendor we used. It also works really well in the cloud environment. At this point, APX has

    become a necessity for my practice.

    APX Onboarding Wizard

    http://www.technolawyer.comhttps://www.abacusnext.com/lp/apx/info/apx?utm_source=technolawyer&utm_campaign=apx2017&utm_medium=preprint&utm_content=apxhttps://www.abacusnext.com/software/case-management/abacuslaw?utm_source=technolawyer&utm_campaign=apx2017&utm_medium=preprint&utm_content=apxhttps://www.abacusnext.com/software/case-management/amicus-attorney?utm_source=technolawyer&utm_campaign=apx2017&utm_medium=preprint&utm_content=apxhttps://www.amicusonline.com/?utm_source=technolawyer&utm_campaign=apx2017&utm_medium=preprint&utm_content=apxhttps://www.amicusonline.com/?utm_source=technolawyer&utm_campaign=apx2017&utm_medium=preprint&utm_content=apx

  • www.technolawyer.com

    About TL NewsWireSo many products, so little time. Each issue of TL NewsWire reports on and links to several hot new products and services of interest to law firms and legal departments. The innovative structure of TL NewsWires articles, which feature sections such as In One Sentence and The Killer Feature, enable lawyers and law office administrators like you to quickly understand the function of each product, and zero in on its most important attributes. TL NewsWire is free. Learn more at technolawyer.com/tlnewswire.

    Copyright 2017 PeerViews Inc. All r ights reserved.

    | Page 2TL NewsWireTM

    underwriter. For example, you may need to identify previous residences or vehicles. Most applications are approved within a day. APX is not privy to any of this information.

    APX supports both operating and trust accounts. Accordingly, APX can deposit payments into a trust account, and deduct the 3% fee from your operating account. APX never deducts fees from trust accounts to comply with ethics rules.

    In each respective practice mana-gement system, you can store a default payment method for each client to save keystrokes. You can always override this setting. APX emails clients a receipt confirming payment. With most providers, disputed charges (chargebacks) get sent to you. By contrast, APX receives chargebacks on your behalf and offers integrated tools for responding to and resolving these disputes.

    The financial reports in AbacusLaw, Amicus Attorney, and Amicus Online now include APX payment data so you can assess its

    impact on receivables aging. Our clients have been telling us that that invoicing and getting paid is one of the hardest parts of a legal professionals job, said AbacusNext CEO Alessandra Lezama. APX solves these payment and invoicing challenges within the industry-leading case management software.

    What Else Should You Know?APX is PCI-compliant and securely stores all payment information in its datacenters. No payment information resides in your practice management system.

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    AbacusNext9171 Towne Centre Drive

    Suite 200San Diego, CA 92122www.abacusnext.com

    Store Client Payment Preferences in APX

    Our clients have been telling usthat that invoicing and getting paid

    is one of the hardest partsof a legal professionals job, said

    AbacusNext CEO Alessandra Lezama.APX solves these payment and invoicing

    challenges within the industry-leadingcase management software.

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