Some might summarize today’s announcement by LexisNexis as:
Billing ‘matters’, but accounting ‘doesn’t’ at least not quite as much as billing.
Lexis previously gave users a four year warning on the ‘sunset’ of support for Billing Matters. Now with two years to go Billing Matters will again see the dawn :~)
Most of our Billing Matters clients have been less than thrilled with the prospect of a forced switch.
To be clear, just the billing functionality will be supported (ie not the firm accounting portion). In the future, firm accounting is to be accomplished using another program – including a link for certain versions of Quickbooks. Or you may switch to another accounting program.
We haven’t been this happy with an anouncement since the recision of the product name decision of Billing Matters to LexisNexisFrontOfficeAsPoweredByBillingMatters. We have always counseled our clients to wait – what’s the rush for moving to another program if the one you have works. Now you will not be forced to decide on a new program. Although Billing Matters doesn’t have the more advanced fee billing credit allocation functionality and other features some larger firms require, most small firms will be well served by Billing Matters for client billing and trust accounting.
Plus the truly integrated Time Matters/Billing Matters program precludes the time, steps and configuration required to link Time Matters to a separate program.
‘Billing Matters with Billing Matters Plus is dead, long live Billing Matters.’
I’d like to thank those clients and fellow CIC’s who lobbied for this decision, and to thank Lexis for recognizing the need to Bring Back Billing Matters.