Streamlined Invoicing for Prompt Payments is the difference between a profitable firm and less successful firm. Generating invoices is rather easy but compiling all the data for every client in terms of 6 minute units (or whatever other unit you use for invoicing) and generating invoices for all activities within a month – summarized, that is what takes time and invoices often don’t get sent out on time and payments get further delayed.
Create customized invoices using stored client data and billable hours with minimal manual input. You can set services offered by your firm and set hourly rates or fixed fees for retainers. For that client, BrightReturn will automatically determine which tasks are billable and track time spent for automatic invoice generation.
Send invoices directly through the BrightReturn via email, ensuring prompt delivery. You can further automate workflows so invoices get generated and distributed at end of each month or when the service/task is marked as complete.
Automate sending reminders for unpaid invoices to ensure timely payments. This one simple feature can save you a lot of headaches. Some clients need follow-ups and reminders. Leave that to BrightReturn and we will follow up with those payments due.
Monitor invoice statuses, send reminders for overdue payments, and register payments received for a streamlined financial workflow. If you send invoices through systems compatible with BrightReturn, we will automatically track when the payment is received and mark it against the invoice generated. This will also automatically update reports that monitor effective hourly rates. How many hours did you spend on a particular related task and how much did the firm get paid effectively.