About
Managing a law firm can be a daunting task, especially when it comes to cash flow management. One of the major challenges law firms face is the recovery of unpaid bills, which can cause a serious cash flow problem. We’ve developed an innovative solution to this challenge: the PCMS Credit Control Automation Module.
Our Credit Control Module is a workflow solution that helps law firms to automate their credit control processes.
Utilising TaskCentre in conjunction with existing functionality and screens, the software automates the process of chasing unpaid bills, making it easier and more efficient to recover debts. With this software, law firms can improve their cash flow by reducing the time it takes to chase unpaid bills, improving their collection rates and reducing the risk of bad debts.
What are the benefits?
One of the main benefits of the Credit Control Module is that it allows law firms to automate their credit control processes. This means that the software will automatically generate reminders and chasing letters and send them out via email in one batch with the ability for the credit control team or fee earners to vet the list first. This saves law firms a lot of time and effort, as they no longer have to manually chase unpaid bills. Instead, they can focus on more important tasks, such as providing legal services to their clients.
Firms can choose from a simple workflow with some elements of automation through to a very detailed and sophisticated workflow that is fully automated. Very often, most firms choose somewhere in between, and the key benefit of our workflows is that they are fully customisable and will be designed to work in the exact way that the firm and its staff choose to.
Another benefit of the Credit Control Module is that it improves the efficiency of the credit control process. The software is designed to prioritise the most urgent debts, ensuring that law firms can recover the most critical debts first. This reduces the risk of bad debts and improves the collection rate, as the software is designed to ensure that debts are paid on time.
The Credit Control Module is also designed to be easy to use as it is fully integrated into your PCMS, making it easy for lawyers and staff to access the software and use it to manage credit control. The software can also provide real-time reporting, which allows law firms to track their progress and identify any areas where they need to improve.
Automate Processes
One of the main benefits of the Credit Control Module is that it allows law firms to automate their credit control processes. This means that the software will automatically generate reminders and chasing letters and send them out via email in one batch with the ability for the credit control team or fee earners to vet the list first. This saves law firms a lot of time and effort, as they no longer have to manually chase unpaid bills. Instead, they can focus on more important tasks, such as providing legal services to their clients.
Fully Customisable Workflows
Firms can choose from a simple workflow with some elements of automation through to a very detailed and sophisticated workflow that is fully automated. Very often, most firms choose somewhere in between, and the key benefit of our workflows is that they are fully customisable and will be designed to work in the exact way that the firm and its staff choose to.
Improve Efficiency of Processes
Another benefit of the Credit Control Module is that it improves the efficiency of the credit control process. The software is designed to prioritise the most urgent debts, ensuring that law firms can recover the most critical debts first. This reduces the risk of bad debts and improves the collection rate, as the software is designed to ensure that debts are paid on time.
It’s Easy to Use!
The Credit Control Module is also designed to be easy to use as it is fully integrated into your PCMS, making it easy for lawyers and staff to access the software and use it to manage credit control. The software can also provide real-time reporting, which allows law firms to track their progress and identify any areas where they need to improve.
In conclusion…
Our Credit Control Module is an innovative solution that can help law firms to improve their cash flow by automating their credit control processes. By automating the process of chasing unpaid bills, law firms can reduce the time it takes to recover debts, improve their collection rates and reduce the risk of bad debts.
The software is easy to use and can be integrated into a law firm’s existing practice management system, making it an ideal solution for law firms looking to improve their credit control processes.
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