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Serengeti Tracker provides all of the features necessary to
efficiently manage both outside counsel and law department spending. Providing all of these tools
in one system eliminates the inevitable data discrepancies, duplication
of effort, and
integration problems that arise when trying to get multiple software
systems to work together. Plus, Tracker allows you to leverage the
spending information provided directly by your firms to simplify a
number of critical tasks such as: budget to actual spending review, law
firm accrual collection, and internal vs. external cost comparisons. Connect 100% of your FirmsUnlike most electronic invoicing systems, Tracker makes it possible for all law firms and vendors, small and large, foreign and domestic, to submit bills to you electronically. Tracker accepts invoices in both the industry standard LEDES format, as well as any other file format (e.g. Microsoft Word, Adobe PDF, JPEG Image). Eliminate the need for a paper approval process Connecting 100% of your firms eliminates the need to maintain two invoicing processes – one for paper, and one for e-bills. As a result, your spending reports will be complete, with no need to worry about what amount may not be included. The world's largest legal e-billing network Currently, there are more than firms billing through Tracker - making it one of the largest legal e-billing networks in the world! View our firm list or contact a salesperson to find out which of your firms are already working on the system. Currency Conversion & international featuresCurrently, Tracker is used by law departments and firms in over countries. The system provides special features for currency conversion, taxation, date formats, and other international issues. For example, the built-in currency conversion engine displays both a user's preferred currency and the native currency when viewing bills, budgets, matter data, and reports. It also allows the law department to establish a base currency into which all invoice data will be converted (for standardized reporting and delivery to AP) and configure the frequency with which exchange rates are updated. Track international taxes Special features for tracking VAT, GST, and other taxes are also built into the system. When a user approves an invoices or runs a spending report these taxes are displayed separately so that they can easily be adjusted and monitored.
Delivery of invoice data to your accounts payable systemTracker's customizable invoice output allows company's to easily batch and deliver invoices in the format that accounting prefers. Department's that need to deliver actual invoices for payment can send a .zip file with all electronic invoices and approval data. Those department that wish to create an automate upload into their AP system can use the customizable data extract to produce a delimited file format. Additional features for managing invoice delivery to AP Tracker also accommodates accounting code review, multiple AP departments/destinations, specialized payment batches (e.g. wire-payment only), batch delivery auditing, and batch re-submission. Serengeti's implementation managers work closely with each client to ensure that invoice delivery and payment is tailored to their company's needs. |
QUICK FACTSIntegrated Financial Tools
• Electronic Invoicing |
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