Wednesday, July 31, 2013

Legal Management Systems: Rippe's WebExpense Streamlines Expense Reimbursement

Do your Attorneys still submit a hand-written expense report to be reimbursed?   

Maybe they use Excel to track their actual expenses, which can be efficient, but what does the approval process look like?  Is it clunky and cumbersome?

Are you looking for an easier way to handle expense reimbursement?

WebExpense is Rippe & Kingston’s LMS browser-based software offering that allows your Attorneys to electronically enter, review, submit, track, and query expense reports.   If there are any receipts or invoices as backup,  WebExpense allows you to simply attach the electronic images to the form (paperless workflow!).  Once approved, the information in the expense report is automatically transmitted to the Accounting system.

WebExpense can also be created as a Workflow process!  

It's certainly something to consider.
 


Wednesday, July 24, 2013

Legal Management Systems: Imaging = Efficiency = $$


Are you tired of the overflow of papers on your desk or having to produce supporting documentation for Clients?  Have you considered imaging them? 


Imaging is the process of scanning and electronically archiving documents (e.g., Accounts Payable invoices, Expense Report Receipts, Daily Cash Receipts detail, Vendor W9s) as PDFs or TIFs.  

 

Imaging can eliminate the stacks of invoices, checks, and other files…and allows for easy retrieval anytime.


Today, Rippe & Kingston’s LMS has integrated imaging into its software by allowing the scanned images to be associated with the correct voucher, vendor, check, Client Advances, etc.  Once linked, there are several places to retrieve the images:

  • LMSV Accounts Payable Inquiry 
  • LMSV Client/Matter Billing 
  • LMSV General Ledger Inquiry 
  • LMS+ Client Matter Inquiry 
  • LMS+ GL Details 
  • LMSV Check Maintenance 
  • LMSV Check Inquiry 
  • LMSV Vendor Maintenance

It might seem like a slow, and possibly daunting, process to transition from filing (paper copies) to imaging (electronic copies), but well worth it!  


In the end, it’s more efficient…and we all know that efficiency equals $$.

Wednesday, July 17, 2013

Legal Management Systems: Raising Revenue in 5 Simple Steps (including Rippe Tips)


Last week, we posted 5 simple steps you can take to raise your Firm's revenue. 

Today, we’ve added how Rippe’s LMS Clients can apply the same steps with our software!


#1      Find more billable time. 

How Rippe’s LMS Clients can do it: Full Day Accounting allows Attorneys to view their day at a glance. 

Make sure that there aren’t gaps in the day that are actually billable.


#2      Track actual billable hours vs. budgeted hours.

How Rippe’s LMS Clients can do it: Month View allows Attorneys to see their MTD and YTD budgets and variances so they are continually aware of how close or far they are to reaching their goals. 

Remind and motivate the Attorneys to meet their monthly and annual chargeable budgets day to day.


#3      Maximize productivity (i.e., billable time) by identifying available resources.

How Rippe’s LMS Clients can do it: The Available for Work calendar allows Timekeepers to proactively enter how many hours they have available on any calendar day, so the team leader can view their availability through the My Team Watchlist. 

Be sure to match assignments with the appropriate resource.


#4      Refresh Rates  

How Rippe’s LMS Clients can do it:
The Rate Audit Watchlist can assist Attorneys in determining which rates need to be increased. 

Don’t lose revenue because of old rates.
         

#5      Track New Clients (like you should billable phone calls)

How Rippe’s LMS Clients can do it: The New Clients/Matters Watchlist allows Attorneys to see their new Clients and if they are being billed and are paying in a timely manner. 

Catch a potential delay in receiving payment before it becomes a habit.


Wednesday, July 10, 2013

Legal Management Systems: Raising Revenue in 5 Simple Steps


Are you seeking ways to raise revenue for your Firm with more effective Time and Practice Management? 


Often times, people forget that there are some fairly simple steps you can take…  

We’ve compiled a list of 5, and next week we’re going to fill you in on how Rippe’s LMS Clients do it every day!


#1     Find more billable time. 

#2     Track actual billable hours vs. budgeted hours.

#3     Maximize productivity (i.e., billable time) by identifying available resources.

#4     Identify and Refresh Old Rates.
         
#5     Track New Clients (like you would billable phone calls).


Wednesday, July 3, 2013

LMS Explores the Value of Cloud-based Computing: Accessbility



Over the last several weeks, we’ve been talking about the value of the Cloud specific to Mr. Andrew Adkins III’s perspective in the white paper, Law Firm Management in the Cloud.

While there are many more benefits to the Cloud, we have one more to add to this discussion.  It has to be said that one of the key advantages to the Cloud is its accessibility.

Let’s take a look at what Mr. Adkins III says about how the Cloud can offer Law Firms convenience!


Accessible Anywhere, Anytime


Another major benefit of using cloud-based applications is that they can be accessed from anywhere and anytime using a standard web browser. Thus an attorney who leaves the office and finds a need to review case facts or financial information does not need to return to the office. Instead the attorney can access the client and case information from home or a hotel through an Internet connection.