(New York, June 3, 2021) – Accurate Legal Billing (ALB) today announced a new integration partnership with Coyote Analytics (Coyote) to deliver its AI-driven time entry cleaning tool (API) ). The tool helps law firms meet external attorney guidelines, ensures an increased business recovery rate, reduces time spent reviewing time entries during pre-billing, and eliminates the need for appeal to reductions and constantly train timekeepers on new and updated billing guidelines.
This partnership will allow Coyote users, who contract with ALB, to integrate with the API taking advantage of the complete set of Coyote internship management tools, which include billing and timing, finance and accounting, document management, analysis of data, business development opportunities, KPIs, and calendar and contact management.
“This partnership will also allow law firms that bill members to save 70% or more of their time, otherwise dedicated to reviewing members’ time entries during billing,” said Andre Wouansi, founder / CEO of Accurate Legal Billing.
A recent report released by the 2020 Thomson Reuters Institute, the small U.S. state law firm, identifies the most common challenge most companies face in paying customers, even though companies spend more than 40% of what would otherwise be billable hours in administrative tasks.
Small law firms have a constant challenge when it comes to managing administrative tasks. Of the law firms surveyed, 64% said they spent too much time on administrative tasks and faced finding time to “be a lawyer.”
Accurate Legal Billing (ALB) is the first time cleaning platform with artificial intelligence technology that intelligently and automatically processes timer entries, so that they comply with the electronic invoicing guidelines that allow in law firms comply 100% of time with clients’ SLAs. Lead to improved billing efficiency and minimize the likelihood that bills will be reduced or delayed.
Coyote Analytics offers a complete system of financial software (time, billing, accounting) as well as a complete internship management solution (calendar, file, document management, forms, contacts) to help companies manage the law business . The Coyote Analytics program was created through a collaborative effort with customers. It offers a simple, easy-to-navigate interface, a robust feature set, and excellent customer service, all at a reasonable price.
Tags: legal invoicing, electronic invoicing, billing directive, external lawyers directive, compliance with billing guidelines, billing and accounting, insurance defense directive
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