The Challenge
LegalTech Solutions, a provider of legal technology and consulting services, struggled with complex billing cycles, client verification, and international payment processing. They needed a solution that could handle project-based billing, multi-currency transactions, and streamline their financial operations.
Our Solution
ThroPay implemented a professional services solution including:
- Automated client verification and onboarding
- Flexible billing structures for projects and retainers
- Multi-currency support with real-time conversion
- Automated invoicing and payment reminders
- Advanced reporting and cash flow analytics
- Integration with existing CRM and project management tools
The Results
The solution delivered significant operational improvements:
- Improved cash flow by 180% through faster collections
- Reduced billing cycles from 60 to 15 days
- Expanded international client base by 250%
- Automated 95% of manual billing processes
- Enhanced client satisfaction with streamlined payments
