"According to its announcement Thursday, 8am LawPay aims to help law firms recover more revenue and reduce administrative burden by providing a single place where they can manage all their financial activity. Key capabilities of the enhanced 8am LawPay include an automated expense management solution, centralizing billing and tracking, matter-specific trust accounting and real-time reporting and dashboards. "Financial complexity and cash flow constraints have quickly become serious operational risks for law firms," Leslie Witt, the chief product officer at 8am, said in the announcement."
""8am LawPay enables our customers to take control of their finances and connect the everyday, operational tasks that drive their business forward." According to 8am, these updates will help provide firms with greater visibility into their finances, support stronger relationships with clients and ensure long-term sustainability. Founded in 2005, 8am serves legal, accounting and other client-focused professionals. Along with 8am LawPay, its platform includes 8am MyCase, 8am CasePeer and 8am Docketwise."
8am expanded LawPay from a payment platform into a full financial management workspace for law firms. The enhanced offering centralizes billing and tracking, adds automated expense management, supports matter-specific trust accounting, and delivers real-time reporting and dashboards. The platform aims to help firms recover revenue and reduce administrative burdens by providing a single place to manage all financial activity. The expansion addresses financial complexity and cash flow constraints that pose operational risks and aims to give firms greater visibility into finances, strengthen client relationships, and support long-term sustainability. 8am serves legal, accounting, and other client-focused professionals with related products.
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