Invoiced's automated attorney billing software addresses these challenges with thoughtful key features.
1. You have clients on retainers.
The right system must do more than track hours against the retainer balance. It also needs to notify clients automatically when that balance gets low.
2. You bill on a case-by-case basis.
You customize billing arrangements to your client's situation. Your billing software has to be flexible enough to support those various payment structures.
3. Individual invoices can impact cash flow.
Even a single past-due invoice can wreak havoc on your cash flow.
4. You have limited time to worry about A/R.
Simply put, the more time you spend on A/R, the less efficient your firm is.
5. You handle sensitive information.
An information leak would damage your reputation and, possibly, the reputations of your clients.
6. You have to manage your client relationship, while getting paid for what you do.
A manual collections process can cause tensions with clients.
7. You have to comply with federal and state regulations.
Your invoices have to communicate charges and expenses clearly. That puts the burden on you to track small increments of time and to keep notes on the work completed.