Serengeti 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 versus external cost comparisons.
Connect 100% of your Firms
Unlike most electronic invoicing systems, Serengeti makes it possible for all of your law firms and vendors—small and large, foreign and domestic—to submit bills to you electronically. Serengeti accepts invoices in both the industry standard LEDES format, as well as any other file format (e.g. Microsoft Word, Adobe PDF, JPEG Image). As a result, today firms in + countries use Serengeti.
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 Serengeti—making it the largest legal e-billing network 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 features
Currently, Serengeti 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 invoice or runs a spending report, these taxes are displayed separately so that they can easily be adjusted and monitored.
CUSTOMER INSIGHT - Amazon.com"Serengeti Tracker allows Amazon.com attorneys to efficiently review and approve bills online. Tracker also enables us to generate up-to-date spending reports – in both U.S. and foreign currencies – which helps to track spending across all parts of our legal department."Joanna Leinaweaver Legal Administrator Amazon.com |
Delivery of invoice data to your accounts payable system
Serengeti's customizable invoice output allows companies to easily batch and deliver invoices in the format that their accounting department prefers. Departments that need to deliver actual invoices for payment can send a .zip file with all electronic invoices and approval data. Those departments that wish to create an automated 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 or 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 FACTS
Integrated Financial Tools
• Electronic invoicing
• Law firm matter budgeting
• Law dept. budgeting
• Internal time entry
• Firm accruals collection
• Currency conversion
• Integration to AP systems
