eBillingHub launches robust benchmarking and analytics tool to measure law firm performance
eBillingHub has launched an enhancement that delivers critical performance indicators to its administrator users. Free of charge for all eBillingHub customers, the benchmarking and analytics enhancement shows firms how their billing processes measure up to other firms, making it easy to identify where efficiencies and accuracies can be gained.
Powered by Peer Monitor, the leading digital benchmarking program for the legal industry, this eBillingHub tool provides more insight into billing performance than ever before. Firm administrators can see the overall performance of their firm, individual lawyers, and individual billers, indicating who has the most efficient practices and where efforts can be improved. It also allows firms to benchmark their rejection rates and their billing maximization for a specific client, giving them the critical data they need to ensure they are not leaving money on the table.
A white paper on “Electronic Billing in the Legal Space; Industry Trends & Tips for Law Firms” can be downloaded here.
In the one-minute video clip below, Carlos Seoane Quinteiro, general manager of eBillingHub, talks about how eBillingHub helps firms run their practices more efficiently and how big data fits in.
Read the full release on thomsonreuters.com.