Our legal department at Atlantic Bank of New York was looking for an electronic invoicing system to make our outside counsel billing process more manageable.
Innovative Discount System Created With DirectInvoice
Our legal department at Atlantic Bank of New York was looking for an electronic invoicing system to make our outside counsel billing process more manageable. What we found was new technology and software that enabled us not only to improve the overall efficiency of our system but also to implement an invoice discounting policy that saves us money and gets our outside counsel paid quickly. The discounting policy lets us reduce payments to outside counsel by a set percentage if we pay their bills within 20 days and reduces the fees further in the event of late invoice submission.
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James S. MaxwellThis premium content is locked for LawJournalNewsletters subscribers only
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