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Process of billing and payment collection is not anyone’s favorite part. For some,it can be very daunting and time consuming. Thankfully, there’s a better way your firm can accept payments, and that is through an electronicpayment system. What are ElectronicPayments?
Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. And when was the last time you held physical cash in your hand? It’s been a while, right?
The company also is adding new electronicpayment capabilities through a partnership with Gravity Legal , a credit card and bank transfer acceptance platform specifically designed for law firms. The time-and-billing feature set will be offered to customers as an add-on to their subscriptions at an additional cost.
Legal billing software streamlines many essential billing tasks for law firms—like tracking billable hours and expenses, creating invoices, and managingpayment collections. Legal billing software helps law firms manage the multi-faceted process of billing legal clients more effectively and efficiently. It’s customizable.
For a law firm, client portals make it more likely that clients will pay their bills on time. Portals can support steadier liquidity for your firm while reducing the time it takes to follow up, and minimizing the need to have those awkward payment conversations with clients.
Now, with Clio, it’s easy, it’s efficient, it takes 45 minutes, and people get it done on time.” – Angela Lennon, Koenig | Dunne Inefficient billing workflows can be a burden on busy law firms, eating up hours every month that could be spent serving or acquiring more clients. You can view and edit your bill messaging templates here.
As the Clio Cloud Conference kicked off in Nashville this morning – the conference’s 10 th anniversary and its first time live since 2019 – Clio founder and CEO Jack Newton took to the stage to deliver a keynote address, during which he announced several new products and product enhancements. Enhancements to Payments and Billing.
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