Corporate clients can benefit greatly from e-billing systems, and The Changists can make your organization’s transition to an e-billing system seamless.
E-billing, or electronic billing, is a software system that receives and processes legal invoices digitally. A legal e-billing system can automate much of the workload associated with processing invoices while collecting important data points for custom reports.
💵 Streamline and simplify the legal billing process
With E-billing, all invoices are reviewed and approved within a single platform, streamlining all your billing through one system. Invoices are electronically submitted and enable a fully automated flow from one company to another, which helps reduce paperwork, leaves a digital paper trail for tracking, and organizes the entire billing process.
📑 Prevent errors and validate bills against billing guidelines
An E-billing system can be customized with billing guidelines and processes. This will ensure that invoices that do not follow the guidelines as outlined by your company will be flagged for rejection and/or reduced, minimizing billing errors automatically.
🖇 Oversee spending and analytics
An e-billing system allows a company to place limits on legal spending, hourly rates, or matter-specific criteria.
The e-billing system can also quickly analyze data points found in invoices and generate custom reports to give managers a clear understanding of how money is being spent.
Data collected by the e-billing system can be used to monitor, analyze and manage matter spending for the entire department.
Plus, custom reports don’t require dozens of hours to research and create, so managers can easily spot trends and areas for improvement
Many companies with e-billing systems have seen a reduction in administrative costs thanks to easier access to important data and spending trends, according to The National Law Review.
💡 Save time and optimize efficiency.
Eliminate the time it takes for a person to manually review and approve paper invoices by using e-billing. An electronic system focused on minimizing billing errors will allow your team to receive invoices faster than being delivered by hand or in the mail. Time is money, and an E-billing system can help you save both.
READY TO GET STARTED?
Implementing an E-billing system can be laborious and lengthy, but through the Project Management services at The Changists, our team specializes in product selection and managing the implementation of E-billing systems for corporations. We want to help your company grow efficiently. Book a free consultation to discuss how E-billing can benefit you.