Tuesday, June 9, 2009

Eversheds LLP Selects eBillingHub as Foundation to Simplify Electronic Billing Complexity and Growth

Firm Chooses eBillingHub as eBilling Technology Base as Law Firm eBilling Volumes Grow Worldwide

We came to believe that in order to provide a robust electronic billing solution, our firm needed to address more than simply the increase in workload; it needs to be able to standardize the process and integrate it within our current case management and billing systems

Pittsburgh, PA (PRWEB) June 9, 2009 -- eBillingHub®, the market leader in simplifying electronic billing for law firms, today announced Eversheds has selected the eBillingHub to enhance its electronic billing environment. Reducing the complexity driven by the ever increasing volume of electronic billing is intended to allow the firm enhance predictability, scalability, and efficient e-billing process, benefiting both the firm and its clients. Eversheds uses Elite from Thomson Reuters as their primary business management system.

"We came to believe that in order to provide a robust electronic billing solution, our firm needed to address more than simply the increase in workload; it needs to be able to standardize the process and integrate it within our current case management and billing systems," said Colin Brown, Evershed's Head of Finance - Operations and Treasury. "We examined all aspects of the eBillingHub before selecting it; this included a review of its technology, usability, tax capability, security, privacy, and more. We needed to make sure that it could meet our unique needs, including governance, risk management and compliance, of a truly international firm."

eBillingHub will play an important role in automating and eliminating currently manual processes by integrating with both Eversheds matter management system and where appropriate, the firms award winning Global Account Management System or GAMs. This enables the firm to operate an auditable end to end process that generates, validates, delivers, and tracks all electronic bills via one web interface.

With over $1B USD Law firm electronic bills processed in calendar year 2008, the eBillingHub has demonstrated its ability to help law firms speed up the collections process, reduce the complexity of electronic invoice submissions, eliminate billing backlogs and common submission errors and increasingly automate the process. For law firms, using the eBillingHub results in improved cashflow, increased partner distributions, and enhanced client service.

"Eversheds represents the elite of global law firms, being listed as #34 on the AmLaw Global 100 stated Gabriela Isturiz, CEO of the eBillingHub. "We are seeing, despite the economic conditions worldwide, that forward thinking firms like Eversheds understand that they can take control of their growing electronic billing volume from the start, and defer additional administrative assistance normally associated with electronic billing."

Considered the defacto standard for law firm electronic billing, eBillingHub delivers its law firm ebilling solution as Software as a Service (SaaS) built on a service-oriented architecture (SOA), providing Web services standards for its integration with practice management systems such as Thomson Elite and ProLaw (NYSE: TOC; TSX: TOC), ADERANT, RainMaker and others. With hundreds of customers and service providers using eBillingHub and its LEDES Toolkit™, the eBillingHub has established itself as the leader in simplifying the e-Billing process for law firms worldwide.

About Eversheds:
Eversheds LLP and its worldwide associate offices have over 3,500 legal and business advisers providing services to the private and public sector business and finance community. Access to all these services is provided through 47 international offices in 29 jurisdictions. Eversheds combines local market knowledge and access with the specialisms, resources and international capability of one of the world's largest law firms.
http://www.eversheds.com

About eBillingHub®
eBillingHub delivers simplified electronic billing for law firms worldwide, making it possible for firms to eliminate costs and improve cash flow as they grow their electronic billing volume. The company's patent-pending technology, delivered as Software as a Service (SaaS), provides a comprehensive and collaborative approach for preparing, tracking, submitting and managing the electronic billing process. Unlike tools used by law firms to create LEDES invoice files, the eBillingHub simplifies the electronic billing process by integrating a law firm's time and billing software with multiple electronic billing vendors, which are often specified by a firm's clients. For more information, please visit www.ebillinghub.com

Editor's Note: The correct usage of the eBillingHub company or product name is with a lowercase 'e' and uppercase 'B' and 'H'. eBillingHub® is a registered trademark and the LEDES Toolkit™ is a trademark of IGD Systems, d/b/a the eBillingHub. All other trademarks mentioned herein are the protected properties of their respective owners.

See Also:

[Via Legal / Law]

No comments: