Working with ALB ensures that all the invoices your firm submits to bill review vendors (Tymetrix 360, Serengeti, Bottomline, Datacert, LSS, Onit/SimpleLegal, Acuity, Legal-x, Collaborati/Mitratech, CounselLink, etc.) are 100% compliant with each of your clients’ billing guidelines.
ALB makes billing guidelines compliance easy; its AI-powered software automatically corrects line entries entered by timekeepers.
Most insurance carriers, third-party administrators, and corporations now use the services of bill review vendors to ensure that their outside counsel invoices comply with agreed-upon billing guidelines before payments are made
Law firms are writing off a significant portion of their billable hours to avoid upsetting clients or losing business.
Increasing write-offs or reducing resources in your billing department is not a long-term solution.
Firms need to move away from outdated billing platforms they’ve been using for years and evolve to the latest technology, making timekeepers more efficient and improving their billable hours.
ALB is the world’s leading billing platform, created by the founder of a bill review company, which is the preferred bill review vendor for leading insurance carriers, TPAs, and corporations throughout the US, Europe, and Asia Pacific.
Stop Writing Off Your Firm’s Profit Margin
Through our ALB mobile or web platform, your timekeepers can easily capture their daily activities on the go. Each line entry will be automatically checked to ensure compliance with the client’s billing guidelines.
Your timekeepers can now switch from one client to another or one line of business to another, entering their activities with the assurance that the entries will be compliant and that they will not be chased by the billing department to provide further details on that entry
This will increase your firm’s billable hours and improve your firm’s profit margin.
Dealing with Bill Review Vendors
Working with a bill review vendor should not be a tedious task. Many firms across the US and overseas are finding themselves marginalized by bill review vendors, and in some cases, bill review vendors are threatening to stop these firms from submitting invoices.
ALB’s AI-powered platform will not only improve your firm’s relationship with bill review vendors but ultimately with the clients you are serving.
Using ALB as your billing platform will ensure that the metrics provided to your clients by the bill review vendors show minimal to zero reductions on your invoices. This will foster positivity and trust, improving your client relationships.
Budget Accuracy and Timely Payment of Your Invoices
Ensuring your case budgets are always close to your actual legal spend can be challenging, resulting in frustration on both the firm and client sides.
Using ALB makes that task easy and improves your client’s confidence and trust in your budget forecast.
