Infographic - Snap Billing & Finance
Finance
.
Human Resources
Implementing Snap Billing & Finance for Legal
At Fulcrum, we understand legal systems and processes.
Our customer-centric approach helps us guide success
and innovation for our clients.
For more information visit fulcrumgt.com/products/snap-billing/
SOLVING FINANCIAL OPERATIONS CHALLENGES AND
IMPROVING LAW FIRM’S BUSINESS MANAGEMENT
Request a Demo
Want to know more? Contact us today to arrange
a demo of Snap Billing & Finance for Legal:
info@fulcrumgt.com
Snap Billing & Finance for legal is configured to deliver standardized processes, commercial discipline,
and validation of financial recording for predictable fiscal operations and reduced financial complexity.
Snap Billing & Finance for legal provides unparalleled functionality to manage all key aspects of your
firm’s business and practice management operations including service to cash, financial management,
procure to pay, and HR processes.
Snap Billing & Finance for legal delivers control
over firm-wide financial operations, including the
controlling, and asset management functions –
by supporting critical business processes and by
enabling the demands of complex compliance
regulations to be met efficiently. It provides
management with instant financial insights into
key operational metrics allowing for immediate
action to be taken. The net result is one set of
integrated processes for a single, consolidated
version of financial truth across all geographies
and in every currency of the firm – all in real time.
Procure-To-Pay
Snap Billing & Finance for legal manages the
entire procure to pay process–from procurement
of goods or services initiated by Contracts,
Purchase Requisitions or Purchase Orders, and
Invoice and Payment Processing to fully embed-
ded three-way and two-way matching, ensuring
complete accuracy. As part of a complete, digital
platform, vendor management has never been
easier. Manage on a global or local scale and
measure vendor performance and usage through
defined reporting and notifications while
payments are automatically processed electroni-
cally or routed for manual processing as needed.
The most valuable asset in professional services
is talent. Snap Billing & Finance for legal includes
an HR Mini-Master built natively into the billing
and financial system.
This allows not only for the management of the
Timekeeper master data, which enables the
billing and financial processes but also for full
transparency and data cleanliness – from
E-Recruitment & Onboarding and Employee &
Timekeeper Administration to Benefits Adminis-
tration and Payroll Processing.
By moving to a future-ready, enterprise-grade solution,
firms can expect to operate as a best-run business.
20% - 40% reduction in audit cost
40% - 50% reduction in the days to close annual books
5% - 10% decrease in cost of business analysis & reporting
Snap Billing & Finance for Legal is based on S/4HANA
technology, with pre-configured law firm content and
services that expedite solution blueprinting and deploy-
ment time. Snap Billing & Finance for Legal can be
implemented in 4 - 9 months. Depending on your specific
requirements and firm size, Snap Billing & Finance for
Legal starts at £224,266 (Including implementation, SW
License/Subscription and other costs).
.
Human Resources
Implementing Snap Billing & Finance for Legal
At Fulcrum, we understand legal systems and processes.
Our customer-centric approach helps us guide success
and innovation for our clients.
For more information visit fulcrumgt.com/products/snap-billing/
SOLVING FINANCIAL OPERATIONS CHALLENGES AND
IMPROVING LAW FIRM’S BUSINESS MANAGEMENT
Request a Demo
Want to know more? Contact us today to arrange
a demo of Snap Billing & Finance for Legal:
info@fulcrumgt.com
Snap Billing & Finance for legal is configured to deliver standardized processes, commercial discipline,
and validation of financial recording for predictable fiscal operations and reduced financial complexity.
Snap Billing & Finance for legal provides unparalleled functionality to manage all key aspects of your
firm’s business and practice management operations including service to cash, financial management,
procure to pay, and HR processes.
Snap Billing & Finance for legal delivers control
over firm-wide financial operations, including the
controlling, and asset management functions –
by supporting critical business processes and by
enabling the demands of complex compliance
regulations to be met efficiently. It provides
management with instant financial insights into
key operational metrics allowing for immediate
action to be taken. The net result is one set of
integrated processes for a single, consolidated
version of financial truth across all geographies
and in every currency of the firm – all in real time.
Procure-To-Pay
Snap Billing & Finance for legal manages the
entire procure to pay process–from procurement
of goods or services initiated by Contracts,
Purchase Requisitions or Purchase Orders, and
Invoice and Payment Processing to fully embed-
ded three-way and two-way matching, ensuring
complete accuracy. As part of a complete, digital
platform, vendor management has never been
easier. Manage on a global or local scale and
measure vendor performance and usage through
defined reporting and notifications while
payments are automatically processed electroni-
cally or routed for manual processing as needed.
The most valuable asset in professional services
is talent. Snap Billing & Finance for legal includes
an HR Mini-Master built natively into the billing
and financial system.
This allows not only for the management of the
Timekeeper master data, which enables the
billing and financial processes but also for full
transparency and data cleanliness – from
E-Recruitment & Onboarding and Employee &
Timekeeper Administration to Benefits Adminis-
tration and Payroll Processing.
By moving to a future-ready, enterprise-grade solution,
firms can expect to operate as a best-run business.
20% - 40% reduction in audit cost
40% - 50% reduction in the days to close annual books
5% - 10% decrease in cost of business analysis & reporting
Snap Billing & Finance for Legal is based on S/4HANA
technology, with pre-configured law firm content and
services that expedite solution blueprinting and deploy-
ment time. Snap Billing & Finance for Legal can be
implemented in 4 - 9 months. Depending on your specific
requirements and firm size, Snap Billing & Finance for
Legal starts at £224,266 (Including implementation, SW
License/Subscription and other costs).