Better Billing … Faster Payments
CosmoLex legal timekeeping and billing software gives you end-to-end, integrated coverage for all your billing chores. Batch processing invoices, past-due notices, and low-retainer reminders for ALL clients are completed in a single mouse click. Your clients can pay bills or retainers via credit card online. CosmoLex’s integrated bookkeeping allows you to post matter costs simultaneously as expense cards or draw payments from retainers, while keeping operating and trust account balances current and properly managed in real time.
Capture Every Billable Activity
CosmoLex captures time and all expenses in the moment – as soon as they occur. Nothing slips through the cracks — especially with your ability to track time spent on multiple matters on-the-fly during a hectic workday… You can even flag future events (e.g. meetings, tasks) as billable. When it comes time to send the bills, all time and expenses from the current period have already been added to the invoices. Your bills will go out on time and your practice will enjoy better, faster cash flow, as well as increased profits — all with a single click.
Your law firm has its own identity — and it will stand out with CosmoLex invoices. CosmoLex makes it easy to add logos, letterhead, individual messages, or other custom touches to ensure that your clients recognize your invoices — and pay them quickly!
You’ll process invoices, past-due notices & low-retainer reminders – ALL with one simple click in CosmoLex legal timekeeping & billing system. Producing LEDES98 format Electronic Bills is easy too. When your invoices are ready, it takes just one more click to email or print them.
Accept Credit Card Payments
CosmoLex gives you fast, secure, and fully compliant credit card processing for retainers as well as invoice payments. It’s all possible thanks to a seamless integration with LawPay® and CosmoLex’s integrated billing and accounting program, ensuring you never lose the money trail. Your clients will appreciate being able to use their credit card to make payments online or by phone. Yes, this will improve your firm’s cash flow, too.
Built-In Collection Functions
Billing is not revenue; payment is. Every law office grapples with non-paying or slow-paying clients. That’s why CosmoLex gives you the kind of advanced functions you need to improve your collection efforts — without the administrative headaches.
- Invoices that clients can easily understand and pay
- A “retainer replenishment amount” can be included as part of an invoice
- One-click low-retainer reminders help maintain your “evergreen retainers”
- One-click personalized overdue invoice notices
- Credit card option makes it easy for clients to pay bills and trust retainers