heart of CostWare’s integrated expense management solution is the
Expense and Cost Recovery System (ECRS), a powerful and flexible
software application designed to improve the cash flow of your law,
accounting or consulting firm by automating the movement of data between
your billing system and CostWare’s cost collection devices.
Using an adaptive integration hub, ECRS may also be used to
convert electronic bills into valid cost transactions that can be
imported into the billing system. As
the central hub for the collection, validation and correction of all
electronic cost transactions, ECRS greatly reduces the amount of manual
and administrative effort required to exchange data, capture cost
transactions, import electronic bills and process the transactions into
the billing system.
addition, ECRS includes a business rule engine to apply firm-specific
business rules so that transactions are processed to reflect the
firm’s policies and procedures.
receives and retains all transactions from the source system or
electronic bills. This includes valid transactions where all data is
correct and invalid transactions in which one or more data elements do
not meet the validation criteria established by the firm.
Only transactions considered valid may be processed into the
firm's billing system.
The Power Charge Review
program permits users to display the transactions they are responsible
for and to easily correct invalid transactions (e.g. invalid matter
code) so they can be processed into the billing system.
The Power Charge Review program gives users one, easy-to-use
application to correct all invalid transactions, no matter what the
source (FedEx, Westlaw, calling card, etc.).
are available to control access by the user to only those transactions
they are directly responsible for, or to those transactions incurred by
other users but for which they are responsible for correcting (e.g. a
secretary responsible for several attorneys).
provides the bridge between major time and billing systems and
CostWare’s cost collection devices.
ECRS may also serve as the central hub for the validation,
correction and importing of transactions from a number of third parties,
including FedEx, Westlaw, Lexis and many others.