Timekeeping and billing can be a massive time commitment for solo practitioners and law firms alike, which is why we endorse employing timekeeping software program to aid make all those processes much more streamlined. And although timekeeping computer software can help you save hours of administrative operate, there are normally methods to make your time in that sphere much more economical. Utilizing features like speech-to-text, paperless pre-billing, break up-billing, invoice automation, expense monitoring, and a shopper portal not only cuts down on time spent on these jobs, but also will help preserve your billing manager satisfied. Even if that is you, who wouldn’t want features to make everyday living much easier?
TimeSolv Capabilities for State-of-the-art Billing
Speech-to-Text
Most people today can communicate a lot quicker than they can type, which makes it all the extra helpful when you can dictate your time without obtaining to type. When recording your time, rather than typing “phone call with consumer,” which leaves out a great deal of depth, you can dictate to your timekeeping software, “had a cellular phone simply call with a consumer wherever we talked over future techniques and method on [insert discussion item relating to matter].” Speech to textual content assists you be a lot more particular in how your time was put in without the need of needing to expend that a great deal time to do it and can give your eyes some screen reprieve for the duration of your day.
Paperless Pre-Billing
Pre-billing, when vital, can be an exceptionally time-consuming method, in particular for firms that continue to do this approach manually and paper-primarily based. Very first, the draft expenditures will need to be printed, then routed to the examining attorney, then the attorney’s notes have to have to be deciphered, the expenses transformed, and so on. This is a cumbersome method and can also introduce likely privacy problems. Heading paperless with pre-billing allows firms to save paper, critique costs and make edits much more immediately, and superior be certain the clients’ privacy.
Break up Billing
If you’re operating on a issue wherever you require to break up your bill 10 distinctive means, needing to make a solitary edit or proper a one slip-up can send you again to sq. one particular. But, if your timekeeping software program has a sophisticated break up billing characteristic, building edits is only a issue of a number of clicks. With a correct split billing aspect, you could break up invoices by several hours, quantities, or split hours, then determine quantities for just about every shopper (which is specifically useful if you have established rates for different customers). And if you’ve manufactured an error when splitting, you can unsplit to make corrections, then split again. This attribute can be a large time-saver, especially if you’re splitting a subject concerning dozens of customers.
Invoice Automation
Generating invoices may possibly have to have calculating your time or amount in different ways for each client or subject, printing out the bill(s) in diverse formats, generating invoices separately, sorting invoices by the legal professional, and so forth. With an bill automation aspect, you’ll be equipped to set-it-and-forget-it just the just one time or develop invoice narratives, depending on the type of bill, on the make a difference, consumer or agency stage, then create hundreds of invoices specific to lawyers or consumers or issues with just a issue of clicks. Then, you can obtain in solitary or many files for pre-billing, submitting, printing out or emailing to consumers, or no matter what else you need to have. Invoice automation aids build a greater all round billing process for your company.
Expense Tracking
In addition to tracking billable, non-billable, and no-cost time, your timekeeping software program should really also be ready to monitor expenses. Attorneys really should seem for timekeeping software that enables them to established up recurring fees on issues, upload receipts, attach all those receipts to invoices, and monitor these bills through reviews or dashboard look at.
Customer Portal
After invoices are despatched, shoppers require to fork out. Getting a customer portal will make it less difficult for consumers to see aspects on the function your company has finished for them, which implies saving time on responding to schedule concerns on billing. Your customers really should be capable to develop an account to watch their harmony, old invoices, hooked up expense receipts, work in progress, and even shell out their expenses via the consumer portal. Customer portals are a fantastic self-assistance way to interact with clients to supply a polished, protected, and expert practical experience.
How TimeSolv Can Assist Your Agency Help save Time
Saving time is not just about acquiring functions like the higher than. You want a sturdy and impressive timekeeping computer software that permits you to input granular detail on the customer, make a difference, and timekeeping degree regardless of whether you are offline, on-the-go, or in the business office, add your firm’s customizations and logos, use curiosity, have developed-in belief accounting, be in a position to generate various bill formats (hi there LEDES!), and operate organization intelligence experiences and analyses to see how your firm’s time is put in, among the other matters.
Keeping monitor of all these goods can immediately become complex, but TimeSolv can make it uncomplicated. With extraordinary and strong attributes, like the ones described earlier mentioned, insert-ons, a person-pleasant dashboard, and integrations with other computer software like Microsoft 365, Xero, and DropBox, TimeSolv is arguably 1 the most complete cloud-dependent timekeeping and billing software program out there.
Signing up for TimeSolv not only presents you access to a functional and impressive application, but you also get a personalized account manager. In addition to obtaining accessibility to TimeSolv’s assist team, large sources, and training classes, you are going to also have a dedicated man or woman to enable information your through integrating and migrating your firm’s historic information from no matter what method you are currently employing to TimeSolv, enable you input your firm’s abbreviations, logos, and current invoices, and help you get your account established-up so you are ready to go from working day just one.
Demo Movie
The staff at TimeSolv recently gave us a demo of their timekeeping program, its capabilities, and how it can help you save legislation companies hours. Consider a search at the online video under to see a walkthrough they presented our Legal Tech Advisor, Zack Glaser.
How to Get It
If your law agency desires to learn a lot more about TimeSolv, speak to them at timesolv.com and get a cost-free individualized demo. You can also sign-up for a 30-working day free demo: no credit card necessary.
Want to learn more about TimeSolv? Check out out our entire assessment, wherever you can see a attributes record, other demo video clips, and community opinions. Recall that Lawyerist viewers get an affinity advantage by means of the evaluate webpage.
Final up-to-date April 20th, 2022.
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