Making the Switch from Using Separate SystemsOne 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:
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.
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 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.
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.
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