Fixed Fee by Task and Activity Code (FFTAC) – a new AFA to allow for a combination of Task Code and Activity Code to be validated based upon a reference table and ensure cost and unit counts across a matter.
Client manages templates that include code combination listing, fixed fee amounts, and unit counts.
Templates can be created and managed directly in the system, or via download/upload functionality.
When the FFTAC fee arrangement is assigned to a vendor, for a given matter, a template is selected.
The vendor’s invoices are validated against the selected template’s code combinations, fixed fee amounts, and unit counts.
Client and vendor users can see the template details, including invoiced amounts, on the Billing Authorization for the matter within BillingPoint.
Added the ability to apply Task Code Phase Limit (TCPL) limitations at phase level.
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