Download - 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
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
Can we bridge the gap?
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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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