DataCert's Advanced Invoice Management System (AIMS) Allows Corporate Law Departments to Capture Complete Archive of Legal Spend.New AIMS Features Handle Processing of Both Paper and Electronic Invoices NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- DataCert, Inc., the leading provider of electronic invoicing and legal spend management solutions, today announced new features in its award-winning solution, Advanced Invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped. A consular invoice is one used in foreign trade. Management System (AIMS), that allow corporate law departments to process and report on paper, faxed or electronic invoices. Traditionally, technology has relied on only electronic invoices to track corporate legal spend. While a majority of large law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
"Microsoft currently receives 100% of our legal invoices in an electronic format," said Steven B. Levy, senior director of information systems, Microsoft Legal and Corporate Affairs. "AIMS has helped us to truly evolve into a paperless billing environment, resulting in improved cost efficiencies and processes." AIMS' new features will convert all paper and fax invoices into a detailed electronic format that contains critical timekeeper, vendor and matter information, as well as fee and expense detail. Once in the system, converted invoices will be automatically validated val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. against corporate billing guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. , pushed through a customized workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. until approved and posted for payment. Now, corporate law departments can not only track a complete database of legal spend, but they can also shave shave (shav) 1. to cut at or parallel to the surface of the skin. 2. to remove the beard or other body hair by such a process. 3. to cut thin slices from or to cut into thin slices. weeks from the normal approval process for paper or faxed invoices. "Fortune([R]) 500 corporate law departments normally receive hundreds of law firm and vendor invoices each day," stated Paul Zengilowski, DataCert's director of product marketing. "By moving paper and faxed invoices into an electronic format, DataCert is streamlining and minimizing steps in the invoice approval process and, more importantly, providing a complete view into legal spend for corporate benchmarking, reporting and budgeting." AIMS will also permit law departments to submit invoices that were previously processed and paid prior to the implementation of their electronic invoicing and legal spend management system. Personnel can enter line-items and invoice descriptions according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. matters, vendors and timekeepers in a quick, easily editable format. This capability allows law departments to view invoices by each individual line-item instead of in a summary format. It also provides the opportunity to examine past performance in legal spend activities, creating a robust legal spend archive. Availability These features are available immediately. For more information, please contact DataCert at 713-572-3282 or e-mail nasales@datacert.com (North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. inquiries) or emeasales@datacert.com (international inquiries.) About AIMS Advanced Invoice Management System (AIMS) is DataCert's web-based application See Web application. that facilitates the approval and payment of electronic invoices between law firms and vendors and corporate law departments. Its primary purpose is to help managers proactively analyze corporate legal spend. Using AIMS, legal invoices are validated against corporate outside counsel guidelines, routed, adjusted and approved, then posted to a matter management and/or accounts payable system. About DataCert, Inc. DataCert, Inc. is the largest and fastest-growing supplier of electronic invoicing and corporate legal spend management solutions. DataCert's products and services provide a substantial return on investment to corporations looking to take control of their outside legal spend. With more than 7,300 customers in 110 countries, including 56 of the Fortune([R])500, DataCert processes in excess of $9 billion of electronic invoicing data on an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis. DataCert is headquartered in Houston with regional offices in London and Austin. Visit DataCert at www.datacert.com for more information. |
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