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What is Time59?

Tracking billable hours and expenses is an uncomplicated task that guarantees your data stays well-organized, making it easy to access for any necessary reviews or adjustments. The system effectively combines time and expense entries into invoices, removing the hassle of entering the same data multiple times. You can personalize your invoices by uploading your branding elements, using tailored letterheads, changing font styles, adjusting column arrangements, and sorting or grouping details as required. Invoices can include a variety of information, such as outstanding balances, payments received, accrued interest, and transactions related to trust accounts. Moreover, you can create invoices that present the rates of multiple timekeepers within a single document, enhancing clarity. Each time an invoice is created or a payment is processed, Time59 automatically updates all financial balances to maintain accuracy. Your practice can greatly benefit from the extensive range of reports offered by Time59, which vary from simple invoice and payment summaries to comprehensive aged receivables and ledgers. Every report can be customized for specific date ranges, individual clients, or client groups, improving your financial management capabilities. With the thorough insights gained from these reports, you can make strategic decisions that will foster your practice's growth and efficiency. Ultimately, this streamlined approach not only saves time but also enhances the overall financial health of your practice.

What is Conduent Legal Invoice Analytics?

More than 50% of a legal department's budget is often directed toward external law firms, driving many organizations to meticulously audit invoice payments that may consist of thousands of line items annually. By improving compliance measures and reducing instances of overpayment, clients can realize cost savings ranging from 5% to 10% on their expenditures for outside counsel. Moreover, optimizing the invoice review process has the potential to reduce the time dedicated to this task by nearly 80%. This efficiency not only provides reliable data but also empowers law departments to extract strategic insights that can lead to additional savings. Additionally, it can effectively minimize overspending on outside counsel by as much as 10%, guaranteeing a positive return on investment from the outset through thorough billing evaluations and expedited payment procedures. The implementation of automated invoice analysis alleviates the workload on legal department personnel while also cutting down the time typically required for these evaluations by up to 80%, thereby enhancing efficiency and cost-effectiveness in legal expenditures. In summary, such organized strategies can profoundly reshape the financial dynamics within legal departments, fostering a more sustainable approach to managing legal costs.

Media

Media

Integrations Supported

V-Person
aarwinMEP

Integrations Supported

V-Person
aarwinMEP

API Availability

Has API

API Availability

Has API

Pricing Information

$199 per year
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Business Data Designs

Date Founded

2005

Company Location

United States

Company Website

www.time59.com

Company Facts

Organization Name

Conduent

Date Founded

2017

Company Location

United States

Company Website

www.conduent.com/solution/legal-operations-solutions/legal-invoice-analytics/

Categories and Features

Legal Billing

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking

Categories and Features

Legal Billing

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking

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