Snap™ Revenue Management
Reduce aging receivables and late collections, driving down write-offs and outstanding debt so that fees billed quickly become fees collected.
Reduce aging receivables and late collections, driving down write-offs and outstanding debt so that fees billed quickly become fees collected.
Improving the collections process to drive better cash flow and reducing bad debt
Revenue management is essential in every business – and every law firm wants their clients to pay invoices on time and in full. Effective revenue management helps to prevent late payments, but too often, it is complex and labor-intensive. Our solution exploits automation and integration to make it easier and more effective.
Specifically designed for law firms, Snap Revenue Management delivers fully integrated mobile-enabled collections and revenue management capabilities. It affords greater visibility and enables better collaboration, avoiding mishaps and minimizing manual errors in the collections process.
Snap Revenue Management automates processing, posting, and confirming incoming payments. It uses financial data to set triggers that alert users when action is needed, reducing manual effort and enhancing statutory compliance. The solution provides a real-time view of revenue management, automatically prioritizes work for revenue management professionals, and allows them to focus on the right tasks at the right time to maximize collections.
Full integration with billing and finance system for immediate visibility and reduction in errors
Increase realization and decrease the service-to-cash cycle time
Reduce current levels of write-offs and write-downs without delay
Notification of potential bad debts with quick remediation functionality
Identify overdue debs and broken promises in real time
Read more about what Snap Revenue Management can do for your firm in our one-page datasheet
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