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AI-Powered Billing Platform Helps Law Firms Optimize Cashflow and Minimize

Delayed Invoice Payments

The world’s first billing platform that automates the process of validating legal billed services with
the mission to help law firms across the world improve their cash flow and billing efficiency, by
easily capturing their daily activities, preparing and submitting invoices that are 100% compliant
with their clients’ billing guidelines.

Bayville, NY, April 26, 2019 --(PR.com)-- Accurate Legal Billing (ALB) rolled out its AI-powered,
cloud-based legal billing platform this week. The platform is designed to help law firms more consistently
improve their cash flow and billing efficiency.

Legal Executive Institute puts the revenue for the U.S. legal services market at more than $435 billion,
and the U.S. makes up nearly half (46.4 percent) of the global legal services market. Law firms spend in
excess of $200 million a year just on electronic billing services; still, the average reduction by bill review
vendors across the U.S. is about 6 percent, or $26 billion.

Accurate Legal Billing minimizes the likelihood that invoice payments will be reduced or delayed for
inaccuracy by automating the billing process. Law firms using ALB are provided personnel access to
mobile and or web applications that allow their timekeepers to capture daily activities on the go and their
billing department to prepare invoices and convert them to suitable formats such as LEDES98B,
LEDES98BI, XML 2.0, XML 2.1, Chubb and other standard formats upon completion.

From the easy-to-use ALB dashboard, timekeepers can log daily activities minute-by-minute and use
preloaded ABA codes to prepare and update invoices as each case progresses. As well, Accurate Legal
Billing allows users to bill using different charging methods such as- flat fees, matter-specific fees,
contingency fees or hourly rates.

Invoices are manually submitted to ALB for automatic validation where mathematical errors, incorrect
timekeeper rates, and duplicate line entries are detected and corrected. The platform also allows users to
correct non-compliance errors highlighted by the automatic validation system, ensuring invoices are
100% compliant with their client's billing guidelines or Service Level Agreement.

Accurate Legal Billing includes an intuitive system that learns as users add new information, so that as
the firm's business changes so does ALB.

Law firms can contact Accurate Legal Billing to request a demo of the software, get more information,
and get a custom estimate to access the service.

Accurate Legal Billing: Accurate Legal Billing is the world's first billing platform that automates the
process of validating billed services allowing law firms to prepare and submit invoices that are 100%
compliant with client SLAs.

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Accurate Legal Billing Mission: To help law firms across the world improve their cash flow and billing
efficiency, by easily capturing their daily activities, preparing and submitting invoices that are 100%
compliant with their clients' billing guidelines.

Relevant links: www.accuratelegalbilling.com

For information, contact:


Andre Wouansi, 1-877-208-4405, info@accuratelegalbilling.com

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Contact Information:
Accurate Legal Billing Inc.
Andre Wouansi
1-877-208-4405
Contact via Email
https://www.accuratelegalbilling.com/

Online Version of Press Release:


You can read the online version of this press release at: https://www.pr.com/press-release/783563

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