Last week, I was given a preview of Bill4Time payments by Sarah Schaaf, Headnote cofounder and now general manager of payments at Paradigm David Silberberg, product manager and Kristin O’Neill, vice president of customer success.īefore using Bill4Time Payments, a firm must complete a brief application to activate the feature. In addition, Bill4Time says that its e-payments technology is fully compliant with Payment Card Industry (PCI) data security standards and with the trust accounting rules in all 50 states. Users should also benefit from having customer support consolidated under a single vendor. It is also more convenient, eliminating the need to jump from the practice management platform to the payments platform and back again to perform simple functions. While Bill4Time’s users previously had the option of accepting e-payments through third-party payment processers, the integrated Bill4Time Payments provides them with more features and greater functionality, including at-a-glance reporting of all charges and payments. (Paradigm’s portfolio of companies also includes MerusCase.) After the acquisition, another practice management product in the Paradigm portfolio, PracticePanther, launched a native e-payments feature, PantherPayments, also based on the Headnote technology. Based on Headnoteīill4Time Payments is based on the e-payments platform Headnote, which was designed specifically for lawyers and law firms to be compliant with trust-accounting and data-security requirements.īill4Time’s parent company, Paradigm, acquired Headnote last September. In addition, in conjunction with the launch, Bill4Time is offering customers who sign up for e-payments a $150 cash-back bonus.
BILL4TIME PAYMENT METHOD LIST ADD METHOD FULL
Plus, law firms that accept e-payments get paid faster and increase their collections, studies suggest.Īgainst this backdrop, the practice management platform Bill4Time is today unveiling built-in electronic payments, enabling a law firm’s clients to view invoices online and make full or partial payments electronically using credit cards or electronic checks.īill4Time Payments is available to all Bill4Time subscribers at no extra cost, except for individual payment processing fees, which Bill4Time says are the lowest in the industry. Clients who now pay everything else online have no appetite for lawyers who require paper payments. It does not store any personal data.The pandemic has made it more essential than ever before for law firms to accept electronic payments. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies.
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