BillingQ
Invoices-to-Cash
- Quickly get bills and A/R notices out the door
- Customized delivery based on attorney, client, and matter preferences
- Client portal for superior client experience
- Centrally track all billing activities
- Easy to implement cloud-based solution
Bill Delivery
PDF bill delivery is a time consuming, manual process littered with exceptions. When handed off to attorneys, the challenge is distributed while accounting also loses oversight. Workflow automation addresses the exceptions, provides oversight on billers, attorneys and their assistants, reducing the number of days in your billing cycle by 15%-25%.
A/R Notices
Workflow automation increases collections throughput with professional client communication and appropriate attorney and collection professional oversight. Workflows speed internal communication between collections and attorneys/staff.
Unlimited Email Templates
Email templates are under the firm's control, and are part of the attorney, client and matter preferences. Standard and custom fields merge into templates for on target messaging. Individual emails can still be further customized before being sent. All emails are sent via the firm's Office365.
RESULTS
Average reduction of 4-6 days in each billing cycle
Link Tracking
Bills and A/R Notices include magic links for instant access to view and pay bills in the PayQ Client Portal. Choose by attorney, client and matter whether to also include a PDF. Tracking of client clicks on links enable focused collection efforts.
Client Portal
PayQ Client Portal is the simple and elegant payment experience that makes it easy for clients to pay you. Line-by-line reconciliation of payments with automatic entry in your financial management system eliminates cash application issues.
Integrates with Your FMS
Near real-time sync every 15 minutes with your legal financial management system (FMS) delivers seamless Invoices-to-Cash workflows. We’re a SOC 2 Type II audited SaaS company, ensuring your data is secure and handled with the highest integrity.
RESULTS
Reduce A/R turnover by an average of 15 days
Increase collected realization rate by average of 150 basis points
Autopay and Trust Replenishment
No more manual tracking needed: BillingQ manages trust replenishment based on trust balance requirements (optionally taking WIP into account) and automatically makes electronic payments set to autopay on new bills.
Integrates with Office 365
All client communication is sent just like any other email from the firm, appearing in your Sent Items in Outlook, maximizing deliverability of billing-related communications. You can send from a central mailbox, billing attorneys, their assistants, billers – completely customizable by workflow.
Easy to Implement, Cloud-based Solution
BillingQ was born in the cloud. There is limited IT support necessary for implementation because the sync with your financial management system is completely automated. Our implementation teams prides themselves in finding low-hanging fruit to save your accounting staff time right out of the gate. Firms see results in the first month.
RESULTS
Increase cash flow by an average of $566,000 per $10M in annual billing