Practice Management
Expanded 8am LawPay will connect financial and operational tasks
Professional business platform 8am is expanding its payment platform into a complete financial management workspace.
Professional business platform 8am is expanding its payment platform into a complete financial management workspace.
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.
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