AP/AR Billing Services
Accounts Payable and Accounts Receivable Billing Services
The average law firm experiences an 18% realization loss due to billing challenges. This means that nearly one-fifth of billable work is not converted into revenue, negatively impacting the firm’s profitability. 81% of law firms report issues with a significant portion of invoices remaining unpaid or delayed, creating cash flow challenges.
In response to these industry needs, Epiq developed comprehensive billing solutions tailored to the unique requirements of law firms. By leveraging subject matter experts, proven processes and advanced technologies such as AI, Epiq’s billing services streamline compliance with both internal and external guidelines, reducing manual errors and speeding up the pre-bill review process. Epiq’s solutions enable firms to maximize realization rates, invoice faster, and reduce errors and lengthy appeals, ultimately leading to improved efficiency and profitability.
Our accounts payable and receivable support can help drive efficiencies across your organization.
Epiq’s AP/AR services help streamline your accounts payable and receivable process and help drive efficiencies across your organization. Our process, workflow, and advanced data extraction capabilities can help reduce costs, improve efficiencies, and more. When integrated with technology, such as digital mailroom, we can route relevant invoices and inbound mail more quickly – achieving additional process efficiency.
Epiq’s AP/AR billing services
Attorney time entry
Expense reports
Prebilling and Invoicing
Billing coordination and verification
Collection
OCG Billing Process
Epiq Expertise
When our clients entrust their AP/AR billing to us, they gain more than just accurate, streamlined billing processes. Our outsourcing services alleviate burdensome tasks from their busy schedules and allow them to concentrate on their core responsibilities. By incorporating industry expertise and latest technologies, we ensure streamlined execution for an efficient and hassle-free experience for our clients.