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Description
Accurate Legal Billing Software is a cloud-based platform powered by AI, designed specifically for law firms to generate and submit invoices that fully adhere to each client’s billing standards. With advanced capabilities such as creating invoices in multiple languages and currencies, its key functionalities include capturing daily activities, providing performance metrics for law firms, preparing and monitoring budgets, converting invoices into various standard formats, and automating the bill review process. The software simplifies the process of seeking approvals for any discrepancies, allowing entries needing prior consent to be sent directly to the claim adjuster effortlessly. In its latest version, ALB 2.0 offers a user-friendly invoice cleansing solution that operates independently of the ALB platform, ensuring that invoices are compliant and free from reductions imposed by legal bill review vendors. This innovative approach not only streamlines billing processes but also enhances the overall efficiency of legal billing practices.
Description
Over half of a legal department's financial resources are allocated to external law firms, prompting some organizations to rigorously verify payments for invoices that can include thousands of line items each year. By enhancing compliance and minimizing overpayments, clients can achieve cost reductions of 5 to 10% in their spending on outside counsel. Additionally, by streamlining the invoice review process, clients can cut down the time spent on this task by as much as 80%. This leads to the provision of trustworthy data that allows law departments to glean strategic insights for further savings. Furthermore, it can help decrease overspending on outside counsel by up to 10%, ensuring a return on investment from day one through diligent billing assessments and quicker payment processes. The automation of invoice analysis not only reduces the burden on law department staff but also eliminates up to 80% of the time traditionally consumed in this review process, thereby promoting efficiency and cost-effectiveness in legal spending. In conclusion, such systematic approaches can significantly transform the financial landscape of legal departments.
API Access
Has API
API Access
Has API
Integrations
V-Person
aarwinMEP
Pricing Details
$30 per user per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Accurate Legal Billing
Founded
2018
Country
United States
Website
accuratelegalbilling.com
Vendor Details
Company Name
Conduent
Founded
2017
Country
United States
Website
www.conduent.com/solution/legal-operations-solutions/legal-invoice-analytics/
Product Features
Legal Billing
Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking
Product Features
Legal Billing
Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking