FeeWise provides law firms with a payment and practice management platform that streamlines billing and automates payment collection. Their software integrates payments, invoicing, and accounting to improve cash flow and reduce administrative overhead for legal professionals.
Funding
Funding not disclosed
Founders
Product
Problem
Law firms often face challenges in managing billing processes and collecting payments efficiently, leading to delayed cash flow and increased administrative burden. Traditional methods can be time-consuming, requiring manual invoicing, payment tracking, and reconciliation, which diverts resources from core legal activities.
Solution
FeeWise is a payment platform designed specifically for law firms to streamline billing and automate payment collection. The platform enables law firms to accept online payments from clients via credit card or eCheck, and offers features such as payment links, real-time payment alerts, and automated receipting. FeeWise integrates with legal practice management software to automate invoicing, receipting, and reconciliation, reducing administrative overhead and accelerating payment cycles. The platform also provides reporting and analytics tools to track transactions and disbursements, giving firms insights into their financial performance.
Target Audience
FeeWise targets law firms, lawyers, and legal consultants seeking to streamline their payment processes, improve cash flow, and reduce administrative tasks associated with billing and payment collection.
Features
- Online payment acceptance via Visa, Mastercard, Discover, AMEX, Diners Club, Apple Pay, and Google Pay
- eCheck payment options
- Flexible payment links for easy client payments
- Real-time payment alerts and notifications
- Automated receipting and reconciliation
- Secure storage of client card details
- Firm dashboard with reporting and analytics
- Branded payment portal
- Integration with LEAP and Smokeball legal practice management software
- Automated client account reconciliation