Onit's Timekeeper Rate Card Support feature helps to streamline timekeeper approval processes, reducing the client time spent on reviewing and approving individual timekeepers, creating more consistent approved rates across timekeeper classifications, and allowing for greater control over rate structures.
Within BillingPoint, you have the ability to set a rate card based off of the clients specifications, automatically aligning with the classifications the client has set up and made available.
Here, well go step-by-step through how to use Timekeeper Rate Card Support.
Using Timekeeper Rate Cards
1. In BillingPoint, click on the Manage Rate Cards link under the Timekeeper menu.
2. Click on New Rate Card.
Note that you can also upload the rate card through an Excel sheet; click on the Download button to download the Excel file. Fill out the information and click on Upload to upload your data.
3. Fill out the:
- Office (drop-down menu)
- Currency (drop-down menu)
- Matter Type (drop-down menu); note that this is specific to the particular client.
- Effective Date
- Expiration Date
From there, fill out the Staff Classification from the drop-down menu; you can also Add Rows as necessary.
The Timekeeper Classification ID, Minimum Years Experience, and Maximum Years Experience will fill in automatically based on Client-defined classifications.
Fill in the Maximum Billed Rate(s) for the timekeepers and click Submit to finalize; you can also click Save as Draft to finalize later or Cancel to back out entirely.
3. Within the Rate Cards section, you can click on Manage Rate Card to see and adjust the rate card information.
When submitting an individual timekeeper rate request, it will be compared to approved rate cards.