Friday Feature—BillBlast eBill Module: Invoice Summaries
This week, Candy Sharpe introduces Invoice Summaries – a powerful feature for firms using BillBlast’s eBill Module for legal bill delivery.
Do you find yourself making cosmetic edits to electronic invoices to meet the requirements of eBill vendor portals? Do you need to accommodate for task, activity or expense codes that weren’t noted by the timekeeper at time entry? Do you ever encounter struggles with penny-off rate rounding adjustments?
BillBlast has helped hundreds of law firms manage their eBilling needs by identifying unmet requirements before they become client-facing errors. BillBlast picks up where the financial system leaves off, delivering the functionality firms need to expedite pre-submission edits and reduce the bill-to-cash cycle.
What is the BillBlast Invoice Summaries feature?
Invoice Summaries is built within the BillBlast eBill Module and allows users to mass edit invoice line items, enabling billers to expedite changes before delivery. Features include:
- Timekeeper Rate Summary: Enables users to mass update timekeeper information for all applicable line items in the invoice prior to client submission (timekeeper ID, timekeeper name, timekeeper type and rate).
- Task, Activity and Expense Code Summary: Enables users to mass update UTBMS codes across all line items in the invoice when needed.
What problem does the Invoice Summaries functionality address for our clients?
A law firm’s billing team requires easy access to view or edit the eBills they prepare for their clients. They need an effortless way to address required edits that can’t be accommodated by their financial system, often due to complex fee agreements that make it difficult for the file to be produced. The Invoice Summaries feature allows eBillers to easily identify timekeepers and their related classifications, allowing them to identify if a bill is out of compliance with regards to staffing requirements—for example, more than one partner billing to the same matter.
Upon completion of their services, law firms are under pressure to deliver their client’s bills within a specific timeframe. A firm’s inability to deliver their bills on time, and accurately, could result in reduced realization, or worse, non-payment. Therefore, being able to quickly identify and apply the required edits are critical for a firm’s billing team to work efficiently.
How will the Invoice Summaries feature impact the legal industry as a whole?
It’s essential for law firms to have user-friendly billing tools to manage the growing requirements of eBilling. BillBlast’s Invoice Summaries is now available for all users and seamlessly integrates into any financial system—without the hassle of upgrading.
More and more law firms are leveraging BillBlast, the industry’s fastest growing legal tech solution, to manage the ins and outs of eBilling. The Invoice Summaries feature allows your firm’s billing team to efficiently deliver bills and get paid on time, ultimately reducing your firm’s bill-to-cash cycle and increasing realization.
