eBillingHub, the leader in legal e-billing, today announced it has partnered with Tikit, one of the largest suppliers of technology solutions and services to global legal and accountancy firms. With this alliance, law firms using both Carpe Diem and eBillingHub will be able to take advantage of eBillingHub’s client billing guidelines to validate time entries in real time, reducing rejections and accelerating the payment cycle.
“Tikit and eBillingHub share many mutual clients, and this new formal partnership is designed to capitalize on the benefits from both Carpe Diem and eBillingHub solutions,” said Peter Zver, President at Tikit, North America. “Time is a firm’s most important asset, so it is crucial that this integration enables our clients to not only maximize revenue by capturing all billable hours, but also ensure billing compliance in order to accelerate the bill to payment cycle.”
Carpe Diem makes the time capture process simple, with flexible and integrated workflows. Its comprehensive functionality appeals to all time capture preferences, whether at the desk, on the move via mobile or tablet, responding to a prompt when completing a phone call or sending an email, or end-of-day time search with the “TimeFinder” module. eBillingHub generates electronic bills in the proper format, validates them against corporate clients’ guidelines, submits them to the appropriate legal spend management system, and tracks them after submission.
“We are thrilled to establish a formal integration to make the billing process as effortless as possible for our clients,” said Carlos Seoane, general manager of eBillingHub. “By validating all captured time earlier in the billing process, mutual clients of eBillingHub and Carpe Diem are able to produce more compliant electronic bills in a highly efficient manner.”
eBillingHub delivers solutions to hundreds of clients including more than half of the Am Law 200 firms, as well as medium and large firms in North America, Europe, and Asia. eBillingHub is a strong supporter of key industry standards as a member of the LEDES Oversight Committee and ILTA. eBillingHub, part of the Thomson Reuters Elite family of innovative solutions for professional services firms, provides a comprehensive and collaborative approach for preparing, submitting, tracking, and managing electronic invoices. For more information on eBillingHub, visit ebillinghub.com. For more information on Thomson Reuters Elite, a division within the Legal business of Thomson Reuters, visit elite.com.
Tikit is one of the largest suppliers of technology solutions & services to legal & accountancy firms, and is part of BT Group. Tikit’s client list totals more than 1,450 firms globally, including 90 of the UK’s top 100 law firms, 250 US law firms, 12 of the top 20 European law firms and 18 of the UK’s top 50 accountancy firms.