Thomson Reuters Elite, part of the Legal Professionals division of Thomson Reuters, today announced a new Alliance Partnership with Nvoicepay, a financial technology company dedicated to simplifying accounts payable for businesses.
Nvoicepay is purpose-built to immediately generate time and cost savings in supplier payment process for law firms. The new partnership enables 3E® customers to pay their domestic and international suppliers with Nvoicepay’s intuitive cloud-based software and comprehensive services.
Nvoicepay eliminates payment inefficiencies by consolidating everything into one payment process across multiple locations, banks, and approval hierarchies. The solution dynamically updates supplier payment data with every payment sent, so firms never have to maintain that information in-house. With Nvoicepay, firms increase their operational efficiency, reduce costs, and mitigate risk.
One of four partnership categories with Elite, Alliance Partnerships are mutually beneficial relationships which play an integral role in the legal practice management ecosystem. They provide the ability to deliver value to global clients, from automating business processes to increasing profitability and achieving a competitive advantage.
The Thomson Reuters Elite Partner Program connects our valued clients with expert technology, services, and consulting organizations that represent dozens of major brands that complement our business management solutions. The Elite Partner Program provides a one-stop global marketplace that fosters cooperation, streamlines the buy-sell cycle, and helps all involved achieve a competitive edge. Our partners are ready to innovate and collaborate with our clients to meet their technology needs head-on. For more information, visit Thomson Reuters Elite Partner Program.
3E from Thomson Reuters Elite offers an end-to-end enterprise business management solution that allows law firms and professional services organizations to run all operational aspects of their business. Designed from the ground up on Microsoft® .NET, 3E offers built-in application development capabilities. The unique architecture enables firms to become more agile, lawyers to quickly respond to client needs, and staff to easily track and manage activity on any scale—from single-office to multi-office and multinational. 3E is the next-generation technology that can help firms improve efficiency, increase profitability, and confidently take on a future without limitations. For more information, visit 3E.
Nvoicepay transforms the way firms pay their domestic and international suppliers. For over 500 customers across 2,700 entities, the company optimizes electronic invoice payments for enterprises with intuitive cloud-based software and comprehensive services. Only Nvoicepay offers an intelligence-driven payment automation solution purpose-built for the most complex firms. By automating all payments, finance teams win through dynamic supplier activation, superior supplier services, and remarkable results, unlocking value in the payments process. Learn more at www.nvoicepay.com and on Twitter at @Nvoicepay.
About Thomson Reuters Elite
Thomson Reuters Elite is the leading global provider of innovative business management solutions that enable law firms and professional services organizations to streamline operations, maximize efficiency, and increase visibility into all aspects of their businesses. Elite is focused on enabling firms of all sizes and locations to meet their true potential and provide the best service for their clients. For more information, visit Elite.
Read the original press release from Thomson Reuters Elite.