Transcript
Page 1: Attorneys & eBilling: ALA 2014 Presentation

Attorneys & eBilling& Ryan Ladisic

In this session

Breakthrough technology is changing the way attorneys work, allowing for the accounting and finance departments to work directly with attorneys to ensure that billing guidelines are met

by John Kuntz

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Can theyWork together?

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The answer isNO

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TIME ENTRY IS TOTALLY DISCONNECTED FROM BILLING RULES.

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The problem negative

Attorneys disconnected from the process will cause:Finance to correct time entered by the attorneys + deal with rejections + corrections + resubmission cycles

ATTORNEYS ENTER TIME THAT MIGHT NOT BE IN COMPLIANCE WITH THE CLIENT’S GUIDELINES

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What iscosting

your firm?

44% 25%3%

Rejected or ReducedInvoices

Delayed Collections

WriteOffs

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Can we bridge the gap?

1

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WHEN BAD NEWS EARLY IS GOOD NEWS

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Can we validate attorney’s timecards real-time?

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What it means to your firm? Educate

attorneys

Reduce resubmissions

Reduce man hours

Faster billing cycles

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REAL TIME COMPLIANCE

rule no. 1

Help your attorneys, help your law firm

“Ability to comply in real-time with the client’s billing guidelines at the moment timecards are recorded”

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MisconceptionsA Attorneys are not

tech savvy

B Attorneys will never do this

C This is accounting’sResponsibility

D We always did it this way

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Current process

Send bills to client

Client Approval

Invoices Rejected to be Fixed

Time Entry

Legal Assistantenters time

Rejection

Invoices Rejected by client

Billing

Accounting creates and fixes invoices

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TIMECARD VALIDATION

At the moment of the time entry timecards can be validated against client billing rules

Real time compliance

goes Mobile

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How it works

Billing

Invoices that already comply

Time entry

Timecards areValidated real-time

Client Payment

Client accepts invoices & processes payment

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See it in actionBrief demo of iTimeKeep & eBillingHub

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