Benefits
BillTrackPro is an online application that facilitates and streamlines the collection and processing of firms' litigation costs and other general ledger payables. The application addresses the delay in identifying and processing invoices, reducing both the internal costs associated with the submission, approval, data entry and imaging of related information, and the additional costs associated with responding to vendor inquiries regarding payment status.
BillTrackPro achieves fast turnarounds. Attorneys and their delegates are notified daily of new invoices. Notifications feature single-click access to all pending invoices.
In a sample of 15,000 invoices recently submitted to BillTrackPro installations, 80% of invoices were reviewed within one week. 98% were processed within a month. Nearly half of all invoices were reviewed within 48 hours of the vendor's submission.
BillTrackPro is designed to scale. A typical installation has hundreds of vendors uploading over a thousand invoices each month. Reviewers and administrators can easily manage high volumes of invoices in the application with a variety of filters. E-mail notifications, reminders and multi-tier escalations ensure invoices don't get lost in the shuffle, reducing liabilities at your firm.