Currently about 200 of the Fortune 500 are using legal e-invoicing.

Many companies have used this technology to process their legal invoices for several years and while they may be pleased with the initial efficiencies and cost savings realized from automating of the payment of law firm invoices, they now find themselves paying for systems with less than adequate, static, dated and limited reporting capabilities - often with no clear roadmap for the future of their existing investments..

Unfortunately, many of the vendors who entered the market in the early part of this decade did so solely with the thought of selling themselves. As such, they failed to adequately invest in their technology platforms to keep their systems current and fully operational for their client base.

This is manifesting itself in serious application performance degradation problems and security compliance issues, especially impacting vendors who delivered their services across the Internet.

Even worse, these same vendors have adopted a commodity approach to the market and are forcing many of their most loyal and established clients to migrate from their existing applications to new platforms where custom features would be lost.

As new and existing legal e-invoicing customers research the marketplace, one major question is whether companies are locked in to a certain vendor or if they can they make a change, or even bring legal e-invoicing back in-house due to security and audit compliance concerns.

SpectoWise is familiar with all of the legal e-invoicing companies, their products, their capabilities, their underlying technologies and their strategic business models and plans.

SpectoWise personnel enjoy the most in-depth knowledge and hands-on experience in migrating systems between vendors.

Using SpectoWise project management and technical expertise, companies can literally slash months off a vendor transition and migration process and deploy new legal e-invoicing solutions which maintain their existing investments and historical data, while offering realistic, cost-effective, and completely custom and expandable solutions for the future which will not become obsolete over time.

SpectoWise can also assure no burden is placed on a company’s law firms as part of the process.

Have other questions? Want to learn more? Why not get in touch.