SaaS metrics are exceedingly important when constructing a company's financial viability. They allow investors and executives alike to better understand what is working well, what needs to be changed, and what levers management should focus on to drive business. Some of the most important SaaS metrics that are taken into account.
Here's a look at Bilr's SaaS profile through the lens of a few of Nathan Latka's Valuation Points:
Bilr is a legal billing software created for the modern lawyer and law firm, providing an easy means of timekeeping and billing. The software allows for voice-based time recording on mobile, whether you're in a car, headed out of the courtroom, or elsewhere. Activate multiple concurrent billing timers to accurately track your time, ensuring that every billable hour is captured and invoiced or simply enter your time, row by row.
Bilr removes the stress of manual bill review with our machine learning component, analyzing your invoices against your clients' SLAs or billing guidelines, flagging errors for adjustment.
With Bilr, you'll no longer have to spend hours looking through your firm's billing before submission to clients, e.g. associates' line items or invoices. You'll also no longer have to worry about getting invoices sent back from clients with the invoice total reduced and line items removed due to these errors, some of which you may miss during manual bill review. It is as simple as creating an account and beginning usage with pre-ordained prompts to make the user interface as simple and convenient as possible.
With the average law firm, Bilr is able to improve bottom line profit margins by over 30%, based on an average revenue loss per invoice of 8%.
Bilr is amongst the most competitively priced in the market, starting from $29.50 / attorney / month. More users mean lower per user cost, and all features that Bilr has to offer is enabled for every user, regardless of law firm size. No tiers, no nonsense.
With its low monthly cost, free trial, and price beat guarantee, Bilr has proven to be able to scale without churn. Bilr also ensures profit protection and net positive ROI.