Wednesday 16 September 2015

How a Time Tracking and Billing Software is Useful for Lawyers?

It goes without saying that to a lawyer, like you, time means money. In order to streamline all your activities and clients, you should have software that aids you in tracking time spent on a project or invoicing as well. In other words, it enables you to create accurate reports and bill for your clients as per the time spent on each case. Here are some benefits of getting such software sooner rather than later.

Time Tracking
As the name suggests, a time tracking and billing software helps you track billable time significantly. Using such software you can record the billable time on an hourly basis. Along with this, it provides you multiple methods to track time. Integrated with such features, that helps you start, resume, stop the timer automatically, enabling you to track timely accurately. 
 
Bill Preparation
Software with invoicing feature enables you to generate client invoices from your firm’s billable time records. There are some software that allow for a customizable bill design, easy conversion to PDF format and delivery of bills through email. 
 
General Ledger
It enables you to maintain records of payments invoices sent to vendors, and helps you to prepare necessary filings. 
 
Analyze your performance
Modern software integrates features such as filters and reports that enable you to analyze your business in terms of time and money. This helps you make right decision about the projects you are working on and your clients.

Easy encryption
The ticket and billing software are generally compatible with different programs, including Microsoft Outlook, financial accounting programs and Personal Digital Assistants. This makes them easy to use.
There are many companies offering customer service ticketing system with invoicing feature suiting increasing demand of a lawyer.

1 comment:

  1. For instance, a hospital would need a system to record at real time all the services and transactions made within the hospital from out-patient clinic, emergency room, and laboratory up to the hospital admission. The services of all hospital employees from doctors, nurses, technicians, down to the rank and file must likewise be recorded at real time. time and billing software

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