Fulcrum GT Releases Latest Salvo™ E-billing Solution
2024年8月7日 - 4:32AM
Fulcrum GT, provider of the leading digital business platform for
legal and professional services firms with solutions spanning new
business intake, practice management, e-billing and more, announces
the latest release of its e-billing tool Salvo with purpose-built
APIs and integration capabilities agnostic to practice management
or ERP systems, as well as a host of new capabilities. With its
quick and easy deployment, Salvo delivers immediate benefits to law
firms by producing fewer write-downs/write-offs and reduced manual
hours invested in every phase of the billing process, whether it is
their first use of an e-billing solution or replacement of another
tool. The data captured throughout every matter helps provide
greater intelligence to firms for making improved business
decisions.
As a specialized legal e-billing tool, Salvo
helps law firms of all sizes proactively manage the entire process
from the initiation of a new matter to invoice submission and
tracking to final payment. Salvo offers automatic conversion to
LEDES, embedded dashboards for reporting, submission to and
real-time status updates across multiple vendor sites. Salvo uses
AI and verification engines to align with both the firm’s rules for
billing as well as outside counsel guidelines.
Beyond the capabilities of an advanced e-billing
solution, Salvo also natively supports the next generation of
straight-through e-billing transactions via the RAPIDx digital
legal business network, allowing firms and legal ops to seamlessly
collaborate throughout the source-to-pay process with speed, ease
and efficiency. Salvo is uniquely proactive among legal billing
solutions, capturing pertinent data starting at the time a matter
is opened to help firms better manage the entire billing process
and improve reporting throughout, not just at the time of
invoicing.
“CFOs of global corporations are seeking
innovative ways to increase realization and decrease
write-downs/write-offs. We frequently talk with them about
improving their bottom line by decreasing slippage, manual errors
and loss. Our law firm clients of all sizes are seeing the
immediate impact of Salvo, which not only produces great outcomes
financially for them but also improves their client relationships
through better commercial discipline and cleaner billing
practices,” says Fulcrum GT founder and CEO Ahmed Shaaban. “As a
modular solution, Salvo is ideal for firms ready to adopt or
upgrade their e-billing system, regardless of whether they are
seeking a broader platform to manage their overall business
today.”
The new stand-alone version of Salvo offers a
quick and easy deployment process, integrating seamlessly with more
than 100 different vendor platforms used by corporate legal
departments globally. The latest release of Salvo is available as
part of Fulcrum’s Snap platform which empowers clients in the cloud
with smart solutions for new business intake, e-billing,
matter pricing, management reporting, human capital management and
more, as well as being an integral component of the company’s
RAPIDx solution. RAPIDx facilitates direct collaboration, improves
transparency and simplifies transactions between law firms and
their clients.
Fulcrum will demonstrate the latest version of
its Salvo e-billing solution at ILTACON 2024 August 11-15 in
Nashville. Attendees wishing to pre-schedule a demo may do so
here.
About Fulcrum GTFulcrum GT is
the leading provider of secure, reliable business solutions
designed for professional services firms, including legal,
accounting and consulting firms. The Fulcrum Digital Business
Platform simplifies and standardizes business operations to help
firms run smoothly, efficiently and effectively. From first
interaction through deployment of solutions and then through
ongoing day-to-day operations after go-live, the company emphasizes
a partnership approach to its client relationships, with solution
experts remaining available long term to provide support, advice
and assistance. With more than 30 patented products, business
processes and qualified Partner Packaged Solutions, Fulcrum GT is
SAP’s designated preferred partner for law firms and other
professional services organizations. For more information visit
fulcrumgt.com.
Media ContactVicki LaBrosse,
Edge Marketing for Fulcrum GTvlabrosse@edgemarketinginc.com