Remits: A New Feature

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New Feature: Streamlined Remittance Process in CaseTrackerLaw

At CaseTrackerLaw, we continuously enhance our platform to improve efficiency and simplify the debt collection process. Our latest feature provides greater transparency and accuracy when remitting payments to clients.

Setting Up for Remittance

Before remitting payments, ensure that the client's collection rate is set when submitting a claim. This rate determines how much is withheld from the client and can be configured under Manage Creditors.

Steps to Remit Payments

Once a payment has been received and posted as a Net Payment with a Remit Date, follow these steps to remit funds to your client:

  1. Navigate to the “Remits” link on the red dashboard.
  2. The Unconfirmed Remits section will display all pending remittances.
  3. Use the filters to locate the desired remits:
    • All Remits
    • Today’s Remits
    • Past Due Remits
    • Select a Specific Date
  4. Check the box next to the payments you wish to remit.

New Feature: Creditor & Forwarder Totals

At the bottom of the Remit screen, you will now see a breakdown of Creditor Totals and Forwarder Totals, providing a clear summary of amounts paid, held, and remitted—eliminating the need for manual calculations.

Finalizing the Remittance

  1. Click “Print 1 Check Per Creditor” to generate a check.
  2. On the next screen, configure your check image if printing checks through the system. Otherwise, simply click “Confirm Payments” to finalize the remittance.
  3. The system will remove the remit from the list and update the Payment History within the claim.
  4. Send the payment to your client.

Tracking Direct Payments

If you need to track payments made directly to your client, click the red “Include Direct Payments” link above Unconfirmed Remits. This will display direct payments and help you determine the amount your client will remit to you.

Our latest update ensures a seamless, efficient, and transparent remittance process, giving you full control over financial transactions. Stay tuned for more enhancements from CaseTrackerLaw!

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