RainMaker Software Launches e-Payables Spend Management
System to reduce invoice processing costs by 50% while aligning
purchases with accountability
RainMaker Software is pleased to announce the launch of e-Payables Spend Management with fully integrated imaging and workflow. E-Payables will save firms time and money in their Accounts Payables (A/P) functions by reducing invoice processing costs, standardizing the payment approval process and reducing payment errors. E-Payables give firms an automated, electronic single solution incorporating Microsoft Windows Workflow Foundation The automation of internal controls helps strengthen the payment process and optimizes cash management.
With current economic conditions forcing law firms to focus on cost driven efficiencies, A/P functions are viewed more strategically today than in the past and are a quintessential back office operation that is currently inefficient.
Benefits of RainMaker’s e-Payables Spend Management include:
| • | Savings between 32% and 46% when processing electronic invoices vs. manual or paper based invoices utilizing imaging based on national studies. | |
| • | Fast approval and inquiry into invoices, utilizing rule-based and firm-specific workflow logic. Firms can set up Smart Alert messages and email routing for all invoices with direct integration into RainMaker Platinum. | |
| • | Alignment with management goals for spending and accountability through the use of controls and audit trails. | |
| • | Highly efficient support for attorneys who need quick approvals and checks delivered, especially in remote offices. |
"We’re very excited to implement RainMaker’s e-Payables Spend Management into our accounting department," said John Lynn, Director of Administration at Kaufman & Canoles, A Professional Corporation. "This will be a significant improvement in efficiency and will lessen the time it takes for a check request, its approval and printing process. Electronic approvals will speed up this process and enable us to serve the lawyers better throughout our seven Virginia-based offices. This process should speed up the delivery time of checks by at least a day and an added benefit is that we are helping the environment by using less paper."
"This is one of the best investments a law firm can make to better manage the spending process, while improving service to the attorneys," states Jim Hammond, President of RainMaker Software. "We designed this system from scratch to be very flexible and affordable for our clients. By incorporating both Microsoft SharePoint and Windows Workflow Foundation we are able to quickly configure even complex workflows directly from an Excel spreadsheet, lowering the cost and time required to implement the service."
For more information about Rainmaker’s products, interested parties can contact the sales department at 1.800.341.4012 x3413 or via email at legalinfo@rainmakerlegal.com.
About RainMaker Software
RainMaker Software, founded in 1969, is a leading provider of
integrated financial and practice management software for mid-to-large
sized law firms. RainMaker Platinum, the company’s Microsoft .NET
based product, incorporates Business Intelligence analytics, and
Microsoft® SharePoint integration. The company also offers "Green
Initiative" paperless workflow modules including, e-Payables,
New Case Memo, and Speed Billing™ with Client Super Sites.
RainMaker is a Microsoft® Gold Certified Partner. The company
is a wholly owned subsidiary of ASA International, Ltd. For more
information, visit www.rainmakerlegal.com or email legalinfo@rainmakerlegal.com.
