Intelligent Teams increases revenue while helping firms achieve invoice acceptance
PITTSBURGH, PA December 10, 2019 – Bellefield Systems, the providers of the fastest path to revenue through its time entry and compliance solutions, announces several new, innovative features in the iTimekeep platform, including Intelligent Teams, as part of the Fall 2019 release. Intelligent Teams enables contemporaneous time entry within the firm. By leveraging the multiple advantages of ‘first-to-record’ timekeepers, Intelligent Teams captures more time, captures it more accurately and, therefore, directly increases revenue while also helping firms achieve their invoice acceptance strategies.
Financially successful firms do not ‘only’ produce a higher number of billable hours, they are also able to capture more of those hours with greater accuracy. As clients increase scrutiny of outside counsel invoices–and collection cycles are increasing by up to 300% as a result–firms cannot allow revenues to be held up in elongated collections. 100% invoice acceptance is, therefore, a top strategy advised by Citi Private Bank Law Firm Group 2019 Client Advisory heading into 2020.
Research demonstrates that the first timekeeper to enter time is the most accurate. Intelligent Teams leverages this fact such that “first-to-record” timekeepers have the opportunity to “tag” others working on the same matter. Intelligent Teams then automatically creates an intelligent timecard in draft mode for associated timekeepers with the same information as the original timecard.
This brings all relevant timekeepers into the timekeeping process to maximize billable time entry accuracy and efficiency. Intelligent Teams supports invoice acceptance strategies by improving time entry accuracy, which prevents rejections, appeals and payment delays due to inconsistencies in time entries.
Some other new features of the Fall 2019 release include:
• My Shortcuts helps timekeepers create an unlimited number of customized shortcuts to achieve the fastest path to entering time.
• Personalized Engagement recognizes which device a timekeeper is using and opens the appropriate app that the timekeeper needs when they need it.
• Print Time Codes provides a more comprehensive print view to get more data and better visibility into timekeeping performance.
Gabriela Isturiz, Co-Founder and President of Bellefield Systems, comments: “Another industry first, Intelligent Teams brings collaboration and compliance to the time entry process to further enable the business mandate of increasing revenue and focusing on invoice acceptance strategies. We continue to disrupt the time entry space to make accuracy and compliance more achievable than ever before, bringing forth more innovations in the past 5 years than have occurred over the past 30.”
Bellefield continues its aggressive growth and commitment to innovation by providing its clients with a new release full of value for all users. This release is now available to all clients and is included in the subscription at no additional cost or burden to the firm.
For more information on this release and the features included, please visit www.bellefield.com/new.
About Bellefield Systems & iTimekeep
Bellefield provides the fastest path to revenue by removing barriers to time entry for attorneys and law firms. Through the iTimekeep platform, Bellefield brings better timekeeping to any law firm or professional services firm by increasing attorney engagement, providing real-time compliance with outside counsel guidelines and enabling firms to manage their time entry policies. In an area that was long disregarded and accepted as a “cost of doing business,” Bellefield’s innovations are bringing about efficiencies that allow firms to achieve the best timecard inventory, leading to less rejections, increased compliance and maximum client satisfaction.
Bellefield was founded with one simple (yet powerful) purpose: create better timekeepers. iTimekeep ranks #1 as the most adopted Mobile (and anywhere) Time Entry solution for attorneys for seven consecutive years. Bellefield’s founding members include the former founders of eBillingHub (now Thomson Reuters™), Gabriela Isturiz and Daniel Garcia, and software veteran, John Kuntz. Bellefield Systems is an independent, privately held company headquartered in Pittsburgh, Pennsylvania. To learn more, visit www.bellefield.com.