![]() New clients and projects can be entered on the fly, and notes can be easily added to each time or expense entry as desired. When using the expense reporting option, users can easily snap a photo of a receipt or other document and sync it with the related expense entry. There is also an option to enter expenses as well, using the New Expense Entry screen. Users can enter all time using the New Time Entry screen, which provides options to enter time manually or start the timer that is available at the top of the screen. Users can use the application on their mobile device at any time, with information later synching with Bill4Time once a connection is available.īill4Time includes a simple to use interface with quick access to options for entering time and expenses. The application can also be used with a variety of mobile devices including iPad, iPhone, Android, and Blackberry devices, with users able to access all major functions from their mobile device. ![]() With batch payments, firms can use stored payment methods to secure payment from numerous clients simultaneously, providing a law firm payment processing solution that get firms paid in minutes.Bill4Time is a cloud based application, with a desktop widget available that allows users to utilize the application even when they’re not online. On the agreed upon date of the month, the law firm runs the stored payment method. With stored payment methods, clients provide credit card or bank account information to the firm, along with a preauthorization for payment. One of the quickest ways for law firms to secure compensation is stored payments, coupled with running batch payments. A payment link that accompanies electronic invoices also promotes faster payment. A website payment option is a good tool, but an individual client portal is even better. But the method of collecting those electronic payments also significantly affects the amount of time between invoicing and payment. For example, the acceptance of credit cards and electronic payments can be far more effective for faster payments than limiting payments to paper checks or cash. Some payment methods are better suited than others for helping law firms keep their collection numbers high and the Account Receivables (AR) low. Whatever the client’s reasoning, law firms that offer electronic payment options are better positioned to receive the benefits. Some clients feel more secure using credit cards, while others appreciate the ability to pay off their legal fees over time. It is much easier and more convenient to pay a law firm invoice from the comfort of home, or even on the go. ![]() Legal clients do not like spending extra time delivering their payments to a physical office or mailbox. For firms that send out electronic invoices, an integrated electronic payment system can also speed up payments and streamline the accounting process.Įlectronic payments can also help law firms improve client relations. With a credit card payment, the funds can be transferred to the appropriate account within minutes, which promotes positive cashflow within the firm. ![]() Electronic payments save law firms a significant amount of time by eliminating the need to transfer cash to the bank or wait for a paper check to clear. Law firms can benefit in numerous ways from the acceptance of electronic payments. ![]()
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