Commissioned contractors often get payment once a good or service is delivered. Companies that had client tracking, software integrations and mobile apps performed better than those that didn’t. For pricing, we looked at the starting price for the software and whether the company was transparent with its pricing. Those offering transparent pricing fared better than…
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Invoicing Management for Law Firms: Accounts Receivable
Beyond A/R management, you can expect improvements in automation, efficiency, security, and accuracy when you use digital payment options and invoicing methods. Most firms set a payment period of 30 to 60 days during which clients are expected to settle their invoices. This timeframe gives clients a reasonable window to make their payments while keeping…
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