Global News
Powerful New Enhancement Enables eBillingHub Clients to Better Measure Billing Success
eBillingHub, the pioneer and leader in e-billing with proven solutions that help law firms quickly and effectively respond to client demand for electronic invoicing, today launched a robust enhancement that delivers critical performance indicators to its administrator users.
eBillingHub Intelligence, free of charge for all eBillingHub customers, shows how a firm’s billing processes measure up to other firms, making it easy to identify where efficiencies and accuracies can be gained.
Powered by Peer Monitor, the leading digital benchmarking program for the legal industry, eBillingHub Intelligence provides more insight into billing performance than ever before. Firm administrators can see the overall performance of the firm, individual lawyers, and individual billers, indicating who has the most efficient practices and where efforts can be improved. It also allows firms to benchmark their rejection rates and their billing maximization for a specific client, arming them with the data they need to ensure they are not leaving money on the table.
“eBillingHub Intelligence provides greater insight into performance than ever before . arming law firms with the data and the perspective they need to gauge billing efficiency,” said Carlos Seoane, general manager of eBillingHub. “Because eBillingHub Intelligence is automatically part of the standard eBillingHub subscription, our customers can maximize their profits even further by understanding the actions that can be taken to build on specific strengths and eliminate weaknesses.”
eBillingHub delivers solutions to hundreds of clients including more than half of the AmLaw200 firms, as well as medium and large firms in North America, Europe, and Asia. eBillingHub is a strong supporter of key industry standards as a member of the LEDES Oversight Committee and ILTA. eBillingHub, part of the Thomson Reuters Elite family of innovative solutions for professional services firms, provides a comprehensive and collaborative approach for preparing, tracking, submitting and managing the e-billing process.
Thomson Reuters Elite is part of the Legal business of Thomson Reuters and 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. For more information, visit Elite.
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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