Separate billing accounting

One Integrated Accounting, Billing, & Practice Management System.

Legal billing and accounting go hand-in-hand, using separate systems create a wide margin for operational error. Here are the top four reasons Canadian law firms are leaving their separate billing and accounting systems behind:

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Low Productivity

Entering the same transactions in separate billing and accounting systems is a surefire way to make mistakes and waste time.

CosmoLex gives you 24/7 mobile access so you can get work done anywhere, anytime, from any device. There’s no IT maintenance for you to manage, so time is spent on more billable work.

Error-Prone Operation

Errors happen, but resolving discrepancies between multiple systems is time-consuming and a costly waste of resources.

A single, fully integrated system eliminates the need for things like double data entry between your practice management, billing, and accounting systems.

Compliance Challenges

Compliance requires reliable reconciliations. Without accurate legal-specific accounting, your firm is at risk for violation fines or worse.

Legal-specific billing and accounting with built-in compliance features give you the peace of mind knowing that you’re not making a mistake that could cost your firm. Checkpoints and restrictions keep you protected while robust reporting capabilities keep you audit-ready.

Unreliable Workarounds

When you’re using separate, generic billing and accounting systems, you have to resort to complicated workarounds to ensure legal accounting compliance requirements.

Simplified integrated operations cut down complexity and streamline your workflow, so you can get your work done in an uncomplicated environment. Increased efficiency will boost your productivity, too.

I find CosmoLex easy to use and it does everything I need to keep our office well managed!

Susan Z.

Paralegal/Office Manager

USA

CosmoLex, a management tool designed for law or legal firms, allows you to juggle separate systems, invoicing and accounting. It ensures the good management with maximum efficiency of legal firms.

Doris G.

Management Assistant

USA

CosmoLex is a very helpful software to have in a law firm. It has been perhaps my favorite software throughout the handful of law firms I have worked at.

Kristen M.

Legal Assistant

USA

The intuitive design and robust features of CosmoLex have been a game-changer for my firm. I recommend it to any solo practitioner looking to reclaim their time.

Jonathan Roth

Founder, Roth Advocacy

Canada

ONE END-TO-END solution

All the tools your firm needs
to run your business.

Built with the needs of modern small and mid-sized law firms in mind, CosmoLex’s legal practice management software increases efficiency and profitability.

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Compliance missteps

Maintaining compliance with bar association regulations becomes complex when using a general accounting program like QuickBooks. These challenges can have serious financial implications, leading to costly errors and compliance violations.

Reduced productivity

Having separate billing and accounting systems can negatively impact your firm’s productivity and efficiency. The increased administrative workload of manually syncing and reconciling the two systems takes time away from billable hours and strategic tasks that could enhance your firm’s performance. And because manual systems often lack features specific to legal practice, such as trust accounting, it becomes more difficult to ensure financial integrity in your operations.

Data security issues

Separate systems inherently introduce data security issues. Each system represents a potential point of vulnerability that can expose your firm to the risk of data breaches. This not only threatens the confidentiality of your client’s information but can also result in potential legal ramifications (not to mention damage to your firm’s reputation). By mitigating these risks, you can better protect your firm and assure your clients that their information is secure.

Compliance missteps

Reduced productivity

Data security issues