Electronic Billing
CaseTrack's built-in Electronic Billing Module provides the legal department with everything necessary to easily and effectively manage legal spend. It is designed to be intuitive and flexible with very little set-up time and training required to get it up and running.As part of the electronic billing process, invoices can be pre-screened for adherence to over three dozen rules configurable by the legal department (e.g., approved timekeepers and rates, maximum billable hours in a day, missing budget). Once processed, these invoices, with any rule violations highlighted, can be accessed on-line by all necessary reviewers/approvers.
Features
- Flexible, secure invoice submission.
- Configurable Billing Guidelines.
- Timekeeper/timekeeper rate management, including tracking of historical rates.
- System and e-mail notification of pending invoices.
- Customizable, multi-level invoice approval workflow.
- Invoice status tracking and approval history.
- Supports manual invoice entry and electronic document linking.
- Accounts Payable system integration.
- Sophisticated cost management reports.
Benefits
- Fully integrated solution: single interface for matter management and e-billing eliminates the need for secondary training.
- Streamline entire value chain from vendor invoice submission, internal review and approval, to payment processing.
- Receive invoices from 100% of billing vendors.
- User-definable reporting provides instant access to raw billing data for legal spend analysis and decision support.
- Standard, fixed licensing fee removes guess work in determining ROI (zero cost to vendors).
- Internally-hosted solution makes use of existing corporate security standards, eliminating concerns regarding third-party data hosting.