eBilling Hub just released a report on the impact of AI on legal ebilling. The analysis is excellent and a must-read for all involved in the legal ebilling industry. The report shows that, as the result of application of AI to the legal ebilling validation process, there has been a 70% increase in rejections experienced by its 400 law firm study group in the last year. Many errors that were once subjective are now uniformly decided via AI, which means that things that once might have been discretionarily approved are now hard rejections. (You can download the report here.)
It is the goal of every law firm to have ebills approved on the first submission. Needing to correct rejections can be iterative and adds cost in terms write-offs, resource time and later payment realization. Firms need to up their game.
It was apparent from the number of vendors at ILTACon with software using AI to validate line items against client Billing Guidelines, that this is a hot topic.
GLEbill takes
this a step further. It was designed to help firms that can’t afford pricey eBilling Administration tools create a more efficient process. GLEbill’s easy-to-use, intuitive layout and cascading math makes this process simple. Correcting invoice rejections is a snap, and GLEbill’s validation helps ensure that invoices are more likely to be accepted on the next submission. Take a look at GLEbill, with it’s free trial period and introductory discount, and see how it can help your firm.
