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Serengeti Tracker includes both matter management
and electronic billing in one system
which provides a number of unique
benfits. Our electronic invoicing
module permits law departments to efficiently route, audit, and approve bills
online, then deliver them to AP for payment.
CUSTOMER COMMENTThe solo-attorney law department at
Resun Leasing was able to realize savings in the first year in
excess of $300,000 (approximately 40 percent of prior annual
legal spending) by diligently using Serengeti's combined
electronic billing and matter-management system.
"With e-billing, we recognized inefficiencies in prior billings,
implemented an audit system, and tracked legal spending by
matter type. With electronic billing and online reporting, we
were able to recognize which types of matters were more suited
to in-house work while knowing what to pay efficient, reasonably
priced outside counsel for more specialized matters."
James Sheets
Vice President & Corporate Counsel
Resun Leasing
Excerpt from:
Electronic Billing
Enters the Mainstream
How to Ensure a Successful Launch for your Law Department |
Additional Features
Law departments can decide
whether to require LEDES bills (which permits automated bill
auditing) from some or all of their firms. For foreign bills,
Tracker accepts non-LEDES formats, tracks the taxes (VAT, GST, etc.),
and automatically converts bills into each
user's preferred currency. With Serengeti Tracker legal electronic
invoicing, you
can:
- Easily search the online database of over law firms
that are currently billing through Tracker or quickly add new
firms and offices if necessary.
- Manually enter paper invoices as "Live" or
"Memo Entries" to track spending from non-eBilling vendors.
- Let the system tell you when there is a new timekeeper, a change
in billing rates, or a violation of your outside counsel expense
guidelines.
- Check staffing levels and budget
comparisons as part of bill review.
- Route invoices electronically through
multiple approvers with individual approval authority thresholds.
Add additional approvers to the standard route ad-hoc.
- Capture invoice adjustments and comments at each stage
of approval, and immediately convey the "external" comments back to the
firm attorney and billing clerk when the bill is finally approved.
- Run a "Stuck Invoices" exception report to
determine who has unapproved invoices and how long they have been
pending. Quickly deliver reminder emails from the report screen.
- Deliver configurable billing approval data
to the company's A/P system
- Assemble the law department budget (and
reforecasts during the year) from the project budgets and historical
spending already in the system
- Instantly access spending and budget reports
online, without having to reenter any data
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QUICK FACTS• Receive legal invoices
from 100% of your firms
domestic and international
• Accepts LEDES invoices
without modification to
the
LEDES 1998B standard
• Accepts non-LEDES invoices
and receipts
• UTBMS task & activity codes
accepted, but not required
• Compares invoices to budgets
for month, year, & cumulative
• Routes invoices to multiple
approvers (with thresholds)
• Audits invoices
• Ability to track paper invoices
as "live" or "memo" entries
• Convenient transfer or upload
of approved invoice data to
AP
ADDITIONAL
RESOURCES
 How
other companies selected a system
Read ACC webcasts, articles, and a matrix of due diligence questions
Tracker Worldwide Directory of Firms
Flash presentation on the features and benefits of the Worldwide directory |
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