As more and more clients are pushing their firms to reduce fees and/or offer alternative fee arrangements, firms need to know exactly what their costs are to ensure profitability firm-wide. This includes "recoverable" firm expenses, which are not always accurately captured or recovered and other "firm" expenses that may be related to specific clients. nQueue Billback's iA Expense Manager easily captures data from all expenses, even those incurred outside an organization's devices such as travel, research, overnight and courier charges, court fees and credit cards. Automating intake allows information to be collected as expenses are incurred—rather than asking attorneys and administrators to recreate it after the fact. iA Expense Manager captures data more accurately, allowing the firm to get a better handle on all expenses, resulting in:
- Less Effort and Quicker Results. Importing expense data with iA Expense Manager means less time waiting for information to be keyed in, and frees up resources for more strategic work.
- Increased Accuracy. Expense data is not re-keyed but imported automatically, eliminating errors and maximizing consistency.
- More Knowledge. iA Expense Manager provides firms full insight into all expenses, whether recoverable or not.
- Efficient billing to clients. Automation means bills get out quicker.
- More Recoveries. Data collected means more expenses captured and recovered from clients
