Smart Time Apps Launches EBILLREADY

Global News

12
Sep
2016

Editor

eBill Compliance Software for Law Firms

Smart Time Apps, a leading provider of software solutions to law and accounting firms, today announced the launch of EBILLREADY, the first-of-its-kind eBill Compliance Software. EBILLREADY enables a firm to test and correct eBills for billing guideline violations and invoice format errors before the invoice is submitted to the eBilling vendor.

The objective is to reduce the rate of rejection and to speed cash flow. EBILLREADY is now available in beta release.

Todd Gerstein, CEO and founder of Smart Time Apps, said: “EBILLREADY reduces the pain and headaches that result from keeping track of and enforcing multiple client billing guidelines. It empowers firms to test and correct invoices before they are submitted. EBILLREADY operates as a software-as-a-service and is hosted in the Microsoft Cloud. We manage everything for you. It’s a tool with a light footprint that we hope meets your needs.”

EBILLREADY provides significant benefits:

• Eliminate Manual Proofing – Stop wasting firm resources and inflicting pain on attorneys and accounting.
• Eliminate Payment Delays – Firms experience a 10-day payment delay on average when they are forced to take an invoice back to correct.
• Eliminate Write-Offs – On average, taking write-offs reduces invoice amounts by 6%.
• Eliminate Invoice Format Rejection – Routine errors often cause rejected invoices; instead, automatically check invoices for compliance with LEDES specifications, missing data, math mistakes and date errors.

“EBILLREADY will support all LEDES eBill formats, UTBMS task codes and data elements,” said Steve Bronstein, CTO and founder of Smart Time Apps. “We will add non-LEDES formats to the system to meet firm needs as necessary. We are excited to enter the eBill compliance space and give firms a tool to solve an all-too-common problem.”

Whatever the billing guideline rule, EBILLREADY can remember it and check every invoice for compliance.. Rules can be stored at the firm, client and matter levels. Rules can be created to test:

• Correct Billing Increment
• Narrative Text Logic
• Stop Word Checking
• Allowed Code Sets
• Expense Code Management
• Block Billing
• Allowed Timekeepers and Rates
• Invalid Expense Codes
• Codes Not Allowed by Timekeeper Classification
• Maximum Narrative Character Count
• Maximum Hours Per Day