Managing expenses is a critical aspect of running a successful law firm. For small to mid-sized (SMB) law firms, traditional spend management solutions often fall short, leaving gaps in tracking, billing, and financial oversight.
Enter MyCase Smart Spend, the first spend management solution designed specifically for SMB law firms. Powered by the LawPay Visa® Business Card, Smart Spend seamlessly integrates with MyCase to automate law firm expense tracking, enhance billing accuracy, and provide real-time financial insights—all within a single platform.
What is MyCase Smart Spend?
MyCase Smart Spend is an integrated financial solution tailored for SMB law firms. It enables firms to effortlessly pay, track, and manage both firm and client expenses using a business credit card that integrates directly with MyCase.
By automating law firm expense tracking and linking purchases to specific client cases, Smart Spend ensures no reimbursable costs are overlooked, enhancing profitability and streamlining financial operations.
Spend Management Features That Elevate Your Practice
Ready to gain unparalleled control over your finances? The platform’s dashboard capabilities provide a single view of all firm spending, while real-time reporting and trend analysis uncover cost-saving opportunities. Below are just a few of the features you’ll enjoy with MyCase Smart Spend:
Integrated Business Credit Card: Utilize the LawPay Visa® Business Card to make firm and client-related purchases, with transactions automatically syncing to MyCase.
Automated Expense Tracking: Capture receipts and categorize purchases in real time, eliminating manual reconciliations.
Expenses Linked Directly to Client Cases: Never miss billing a reimbursable expense again. Easily capture all expenses and automatically add them to client invoices seamlessly in MyCase.
Full Visibility Into Firm Spending: Eliminate end-of-month surprises with a comprehensive dashboard that provides easy, real-time oversight of firm expenses.
Flexible Spend Controls: Issue physical or virtual cards to staff or departments, set individual spending limits, and instantly pause or lock cards when needed.
What Are the Top Benefits of MyCase Smart Spend?
MyCase Smart Spend is not only a revolutionary tool for managing legal firm and client expenses—it also delivers a host of benefits designed to optimize financial operations and enhance client relationships.
1. No More Revenue Leakage
Unbilled expenses directly impact your firm's profitability through revenue leakage. With Smart Spend, every reimbursable expense is captured and linked to the appropriate client case, ensuring accurate billing and maximizing profits.
2. Simplified End-of-Month Reconciliation
Track law firm spending by employee or category in real time, with detailed insights accessible from anywhere. Purchases are automatically categorized and linked to client cases at the time of sale, eliminating manual reconciliations. Client expenses are added to invoices instantly, accelerating billing, and when paired with MyCase Accounting, non-case expenses are properly coded—streamlining your bookkeeping from end to end.
3. Enhance Business Credit
Utilizing the LawPay Visa® Business Card helps build your firm's credit profile, providing access to capital when needed and supporting financial stability.
4. Effortless Integration for Maximum Efficiency
Smart Spend integrates seamlessly with MyCase, allowing you to pay and track all firm and client expenses effortlessly. Transactions are automatically linked to specific client cases, ensuring accurate billing and streamlined financial management.
5. Higher Client Satisfaction
MyCase Smart Spend enhances client satisfaction by offering an efficient and clear billing process. Integrated within the MyCase platform, it ensures accurate and timely billing of all reimbursable expenses, fostering trust through billing transparency.
Digital receipt capture and expense inclusion on invoices adds professionalism, while online payment options simplify bill settlement for clients. This streamlined approach improves financial management for firms and bolsters client relations with a smoother, more satisfying billing experience.
6. Scale With Confidence
Empower your firm's growth with the flexibility to invest in its future while responsibly managing day-to-day operational expenses. Smart Spend provides the tools needed to scale efficiently without compromising financial oversight.
Prepare for the Future of Legal Spend Management
Stay ahead of the curve and enhance your law firm’s expense tracking and financial operations with MyCase Smart Spend.
New to MyCase? See it in action—book your demo today! Already using MyCase? Be among the first to try Smart Spend with early access.