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Industry Leader Keeps Pace with Increased Law Firm Demand for e-Billing and Surpasses Three Major Milestones
LOS ANGELES, Dec. 4, 2013 – eBillingHub, a pioneer and leader in e-billing with proven solutions that help law firms quickly and effectively respond to client demand for electronic invoicing, today announced that it recently hit three major milestones, setting a new record for monthly and daily e-bill volume, as well as processing its six millionth electronic bill to date. The leader in legal e-billing reached new heights in October when they processed over 200,000 invoices in a one month time frame. Then, on November 13th, eBillingHub broke another record by processing more than 12,000 invoices in a 24 hour period. Both of these achievements contributed to setting eBillingHub beyond its next million invoice mark.
“Breaking more processing records for both a single month and 24 hour period, as well as achieving yet another million transaction total, eBillingHub continues to set the industry standard in e-billing,” said Carlos Seoane, general manager of eBillingHub. “Electronic billing is rapidly gaining momentum within the legal industry, and eBillingHub keeps pace with our growing client base, efficiently managing electronic billing processes and ultimately improving their bottom lines month after month. As the demand for electronic invoicing rises and more and more firms use our software, our network of partnering vendors continues to expand, consistently establishing eBillingHub as the market leader in the industry.”
After eBillingHub was founded in 2004, it took eight years to process its first two million invoices. Just nine months later it processed the third million, and now the sixth million has been achieved less than 18 months after that.
eBillingHub delivers solutions to hundreds of clients including more than half of the AmLaw200 firms, as well as medium and large firms in North America, Europe, and Asia. eBillingHub is a strong supporter of key industry standards as a member of the LEDES Oversight Committee and ILTA. eBillingHub, part of the Thomson Reuters Elite family of innovative solutions for professional services firms, provides a comprehensive and collaborative approach for preparing, tracking, submitting and managing the e-billing process.