LEGAL ACCOUNTING SOFTWARE
Manage Firm Profitability
Improve firm profitability with comprehensive accounting features, intuitive time capture and billing processes, and reporting that provides total visibility across your firm.
How Actionstep helps you manage firm profitability
Profitability is the lifeblood of every law firm, and managing it effectively requires tools that provide transparency, control, and automation. Actionstep’s robust suite of financial management features helps your firm capture more billable time, streamline billing processes, manage collections, and ensure compliance with trust accounting—all while offering comprehensive legal accounting tailored to the specific needs of midsize law firms. Take control of your firm’s profitability with tools designed to maximize revenue and reduce administrative overhead of your financial team.
Capture more billable time with intuitive time tracking
Billable hours are the foundation of your firm’s revenue. Actionstep’s intuitive Time Tracking tools make it easy to capture every minute of billable work, with time tracking suggestions automatically generated as you work. By seamlessly integrating time tracking into your daily workflow, you can ensure that no billable time is left unrecorded, leading to more accurate invoices and higher profitability.
- Real-time time tracking suggestions
- Capture more billable hours effortlessly
- Track time as you work for accuracy
With Actionstep, time tracking becomes second nature, helping your firm increase billable hours without adding to your team’s administrative burden.
Streamline billing with automated, accurate processes
Billing should be simple and stress-free. Actionstep’s Billing features automate the entire process, from billing generation to final invoices. Leverage reliable bill templates, bulk billing capabilities, and automated workflows to ensure that invoices are accurate, timely, and consistent every month. By reducing manual errors and delays, you can maintain steady cash flow and avoid billing bottlenecks.
- Automated pre-bill generation
- Accurate, customizable billing templates
- Bulk billing for efficiency
With streamlined billing processes, your firm can minimize the headaches of month-end invoicing and focus on serving clients.
Improve cash flow with effective collections management
Managing collections is crucial to keeping your firm’s cash flow healthy. Actionstep’s collections tools provide real-time debtor reports, automated client reminders, and easy-to-use payment options that help you stay on top of unpaid invoices. By making it easier for clients to pay and ensuring proactive communication, you can reduce outstanding debts and improve your firm’s financial health.
- Real-time debtor reporting
- Automated client payment reminders
- Client-friendly payment tools
With clear visibility into your firm’s collections and proactive financial management tools, you can avoid cash flow issues and ensure timely payments.
Trust accounting for transparent client fund management
Client trust funds must be managed with the highest levels of transparency and compliance. Actionstep’s Trust Accounting system allows you to manage client funds with confidence. Built-in checks and balances in our system ensure that liabilities are always covered and that accounts are audit-ready at any moment. Keep your client fund management above reproach and stay compliant with all legal requirements.
- Comprehensive trust accounting system
- Ensure liabilities are covered and accounts are compliant
- Audit-ready reports at all times
Actionstep’s Legal Accounting and Practice Management platform ensures that your trust accounts are managed responsibly and transparently.
Why choose Actionstep to manage firm profitability?
Manage your firm’s profitability with confidence and let Actionstep help you maximize revenue while reducing administrative burden.
Who we help
Take control of your firm’s success. Actionstep grows and evolves with your firm, supporting all practice areas and legal expertise.
Key features
