Digital White Papers

October 2014: Business and Financial Management

publication of the International Legal Technology Association

Issue link: https://epubs.iltanet.org/i/395170

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ILTA WHITE PAPER: OCTOBER 2014 WWW.ILTANET.ORG 32 About the Author Candy Sharpe, founding team member of BillBLAST, heads up the client services and product development team. She has been dedicated to the legal industry for over 15 years. Candy is an expert on legal billing applications, efficiencies and process improvements for law firms and new technologies to support and improve them. Contact her at candy@bill-blast.com. Efficient Billing and Faster Payments Help Firms Thrive Over the last decade, law firms have felt pressure from a faltering economy and client mandates to reduce costs and utilize e-billing. Even as the economy improves, law firms find themselves grappling with the need to be responsive to their clients' billing demands, while juggling multiple technologies and often outdated business processes. In order to thrive in the new business reality, firms must find ways to streamline billing to collect revenue faster, take advantage of data to allow for more visibility into financial relationships and make smarter business decisions.

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