Time & Billing

Payments

July 31, 2024

Simplify Legal Billing & Get Paid Faster with Payments by Filevine

 

Payments by Filevine is a comprehensive, secure law firm payment processing solution designed specifically to help legal professionals get paid faster, reducing outstanding invoices and improving the client experience.  Easily send payment requests, accept online payments, manage your accounts, and track transactions all within one platform.

With Filevine Payments, focus on what matters most – your clients and your practice. Our platform replaces old, cumbersome billing methods  – mailing invoices, waiting for checks, and manually tracking payments – all of which are is time-consuming, error-prone activities, and often results in delayed or unrealized payments.

Payments by Filevine modernizes this process, offering a comprehensive, secure, and easy-to-use platform that seamlessly integrates with your existing Filevine workflows.

With Payments by Filevine, you can:

  • Send invoices electronically and get paid faster
  • Accept online payments via credit card or ACH transfer
  • Manage multiple accounts (including trust accounts) in one place
  • Track payments and payouts with clear visibility

Key Features & Benefits: Your Law Firm Payments, Simplified

Payments by Filevine is designed to enhance your legal billing and payment processes, saving you valuable time and ensuring you get paid faster.

Simplified Payment Collection:

  • Send Secure Payment Requests: Easily create and send professional payment requests directly to your clients via email. They can securely pay online in just a few clicks.
  • Offer Multiple Payment Options: Give your clients the flexibility to pay by credit card, Google Pay, Apple Pay, Debit or ACH transfer, increasing the likelihood of prompt payment.
  • Accept Payments Directly in Filevine: Simplify the process by allowing clients to pay their invoices with the click of a button, logging directly within the Filevine platform. 

Effortless Account Management:

  • Multiple Bank Accounts: Easily add and manage both operating and trust accounts within the platform.

  • IOLTA Compliant Fee Management: Fees are automatically deducted from your operating account, not your trust account, to simplify your accounting and ensure IOLTA compliance.
  • Secure and Compliant: Rest assured that your financial data is protected with industry-leading security measures.

Clear Transaction Visibility:

  • Track Payment Status: Easily monitor the status of all transactions, including pending, completed, and disputed payments.
  • Detailed Reports: Gain insights into your firm's revenue with the "Payouts" page, which provides a clear overview of net income after fees.
  • Export for Analysis: Download transaction data to Excel or CSV for further analysis or integration with your accounting systems.

Seamless Integration with Filevine

Payments by Filevine easily integrate with your existing Filevine case management and billing workflows.

  • Automated Invoice Updates:Invoice statuses are automatically updated when payments are received.
  • Centralized Financial Records: Keep all your financial data in one place for easy access and reporting.
  • Simplified Reconciliation: Reduce errors and save time on manual reconciliation tasks.

Payments by Filevine: Built for Law Firms of All Sizes and Specialties

No matter the size or focus of your practice, Payments by Filevine adapts to your unique needs, simplifying your billing process and improving your bottom line.

Law Firms of All Sizes:

  • Solo Practitioners: Say goodbye to the time-consuming hassle of manual billing. Payments by Filevine automates the process, making it easy for you to send invoices and collect payments, even if you're a one-person operation.
  • Small Law Firms: Improve your cash flow and simplify your billing process. Payments by Filevine offers the tools and flexibility you need to efficiently manage invoices and get paid faster.

Various Practice Areas:

Whether you specialize in family law, immigration, or any other area of practice, Payments by Filevine can be tailored to meet your specific needs. Our intuitive platform and customizable features make it easy to adapt to your unique billing practices and client requirements.

Get Started with Payments by Filevine

Ready to simplify your billing and get paid faster? Setting up Payments by Filevine is quick and easy:

  1. Connect Your Bank Accounts: Securely link your firm's operating and trust accounts to Filevine.
  2. Create Payment Requests: Generate professional invoices with customizable payment links.
  3. Accept Payments Online: Clients can easily pay by credit card or ACH transfer.
  4. Track and Manage: Monitor transaction status, view payouts, and export reports for accounting purposes.

Ready to get started?! Sign up for Payments by Filevine. Our team will be in touch to integrate the solution with your Filevine product suite.


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