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AdvologixPM™ Time & Billing

A critical success factor for managing your legal practice is the ability to record time spent on activities for clients and to accurately track billings and payments for your services and products. With AdvologixPM™ you now have full control over your Time & Billing implementation plus inline functions that ensure complete, accurate, and authorized invoicing and revenue. Time recording and billing for client related activities, services, and expenditures are a natural part of the daily use of AdvologixPM. Using this single information source for clients, calendaring, tasks, and other law practice activities along with the flexible AdvologixPM Time and Billing service is easy and accurate for your legal staff.

With AdvologixPM Time & Billing you can:

• Tailor your products and services within AdvologixPM to map to your specific legal practice
• Establish standard rates by product, service, employee, and/or client
• Quickly and easily create a billing record for any activity, task, service, or product
• Ensure consistency in billings across employees
• Guarantee that all billable activities are reviewed and approved for invoicing by the proper authority within the organization
• Interface with key accounting packages including Quickbooks and others
• Generate tailored invoices and track payments (or utilize your accounting system for this)

AdvologixPM Stop Loss Billing provides an easy to implement work process for revenue capture plus a unique Stop Loss Billing function. With Stop Loss Billing you can ensure that every billable activity is indeed billed at the proper rate for the activity, service, client and employee. AdvologixPM Time & Billing ensures consistency in billing across employees and clients. If one employee bills for an activity (meeting, client discussion, court appearance, etc.) then each and every employee who was at that activity also generates a billing record for that activity. This cross employee consistency check typically generates significant net new revenue for your law firm with nothing other than assurance of accurate billing for services provided to your clients.

  Time is Profit!

AdvologixPM Time and Billing can generate invoices and also interfaces with accounting packages such as Quickbooks. All invoices are managed under an account record for the client. The account record will have all invoices, as well as credits, payments, retainer deposits, etc. and will keep the master amount owed/paid for each account a client may have. AdvologixPM provides complete support for clients with multiple cases (accounts) from both a case management and billing perspective.

Comprehensive Time & Billing combined with AdvologixPM's other information capabilities means that you have complete information to create powerful business analytics in the the AdvologixPM Dashboard. The Dashboard allows to summarize and view critical operational data from your Legal Practice from any level of detail. You can now manage your legal practice with these and many other metrics:

• Billings by Lawyer, Team or Client
• Profitability by Lawyer, Team or Client
• Expense Ratio by Lawyer, Team or Client
• Office Profitability by Location
 

 

Advologix Practice Management

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