Seven Tips On How To Bill Well
#1: Bill Consistently
Your must bill your clients on a consistent basis to ensure that they will have information to keep for their records. There are many billing cycles that simply leave your clients prone to forgetting your payments, and you cannot surprise them by forcing a large bill on them in large time intervals that may spread over a few months. Legal billing software will automate your invoices to ensure you are consistent.
#2: Bill Hourly
#3: Invoice Electronically
#4: Pay Online
You must allow your clients to pay you online so that you do not have any trouble with cash flow. There is no more money coming into your office if your clients may pay you so simply, and they will be pleased to know that they may make a payment to you in moments. There is no need to log paper checks, and you will give your clients many more payment options overall.
#5: Send Records To The Court
You may need to use the law firm billing software to ensure that your records are sent to the court when required. You may send records over a secure connection, and you will find that it is much easier for you to save money and time when sending records. There is no need to send a courier, and you will not pay for extra services you do not need.
#6: Record Communications
You must record communications with your clients to ensure that you have a log of what they have asked of you. They will want to know what you have done when you send a bill, and they will pay happily when you may prove that you have offered them a service that is worth their money. Simply writing this down in your case log is a simple way to record what you have done, support your bills and prevent challenges to your billing.
#7: Send Payments The Same Way
Any payments you are sending to the vendors and clients you have must be done in the same manner you would receive payments. Let the program keep a record of all the payments you made, and you will have a full ledger that shows all the things you have done for your clients. They will see any payments you sent to them, and you will have a list of payments you may have received from the court.
Your billing software will do quite a lot for you, and it will help you control and manage money that flows through your office. You have a number of things you must cover if you are searching for a way to manage your money, and you must use software that does much of the work for you. You will save yourself quite a lot of money, and you may teach everyone in your office to use the software. You have excellent results from a program such as this, and you will feel as though you are not struggling to manage cash flow every month.