April 19, 2017 at 10:30 AM
What’s more important than getting paid? Not much right? At OneLaw we’re all about helping our customers see the reward for their work.
OneLaw customers are already using our intiutive tools to record both time and value on matters.
They’re also using our innovative billing workflow to make the job of billing easy, and spread the billing workload throughout the month.
Next comes our ground breaking module OneCollect, an automated debtors management system designed specifically to improve your cash flow.
Our developers have been busy behind the scenes. It’s been created with our customers in mind, and almost everyone we’ve demonstrated to wants it.
And with an imminent release, if you don’t know about it already, you need to know now.
OneCollect is a gamechanger.
It’s a very simple, powerful workflow system which allows you to easily track and follow up on unpaid bills – taking the stress out of debtor management.
It makes managing unpaid accounts a simple daily task. Accounts needing attention are displayed on your screen, and you can process them in bulk and/or individually.
Reminder templates can be set up for your firm, ranging from a gentle reminder to a threat of court action. You personalise them as you wish, and voila! Your letter, email or text message (you can do all three if you want to be really annoying!) is gone.
Not only does this take the stress out of following up on unpaid accounts, it also means you can easily change the way your firm operates when it comes to your credit terms.
Instead of simply waiting for the 20th of the month to start following up, you can create multiple billing cycles, such as 7, 14 or 21 days, and apply them individually to clients as appropriate.
Once you’ve done that, the account rendered goes to “sleep” and you are automatically reminded on the follow-up date. This will be especially useful for firms working with individuals and small businesses, as larger companies are likely to pay their bills on the 20th regardless of what your terms are.
This has huge potential to save you time, improve cashflow, and reduce the stress of admin staff by spreading their workload.
It’s affordable too. The monthly fee is based on the size of your firm, so whether you are a sole practitioner or a large corporate don’t worry – it won’t break the bank. It’s actually designed to help it.
If you’re interested in what OneCollect can do for you, get in touch here. We'd love to chat.