Thomson Reuters Elite, part of the Legal Professionals division of Thomson Reuters, today announced a new Alliance Partnership with Nvoicepay, a financial technology company dedicated to simplifying accounts payable for businesses.
Nvoicepay is purpose-built to immediately generate time and cost savings in supplier payment process for law firms. The new partnership enables 3E® customers to pay their domestic and international suppliers with Nvoicepay’s intuitive cloud-based software and comprehensive services.
Nvoicepay eliminates payment inefficiencies by consolidating everything into one payment process across multiple locations, banks, and approval hierarchies. The solution dynamically updates supplier payment data with every payment sent, so firms never have to maintain that information in-house. With Nvoicepay, firms increase their operational efficiency, reduce costs, and mitigate risk.
One of four partnership categories with Elite, Alliance Partnerships are mutually beneficial relationships which play an integral role in the legal practice management ecosystem. They provide the ability to deliver value to global clients, from automating business processes to increasing profitability and achieving a competitive advantage.
The Thomson Reuters Elite Partner Program connects our valued clients with expert technology, services, and consulting organizations that represent dozens of major brands that complement our business management solutions. The Elite Partner Program provides a one-stop global marketplace that fosters cooperation, streamlines the buy-sell cycle, and helps all involved achieve a competitive edge. Our partners are ready to innovate and collaborate with our clients to meet their technology needs head-on. For more information, visit Thomson Reuters Elite Partner Program.
Thomson Reuters Elite offers an end-to-end enterprise business management solution that allows law firms and professional services organizations to run all operational aspects of their firms including business development, risk management, client and matter management, and financial management. Our next-generation technology connects people, tasks, workflows, and business processes and is tailored to help firms and organizations meet organizational requirements and strategic goals.
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