Bellefield and President Gabriela Isturiz Nominated for Two ILTA Distinguished Peer Awards for Innovative Outside Counsel Guidelines Technology: OCG Live(TM)
PITTSBURGH, July 26, 2019 /PRNewswire-PRWeb/ -- Bellefield Systems, the providers of the fastest path to revenue through its time entry and compliance solutions, announce company co-founder and President, Gabriela Isturiz, has been shortlisted for the ILTA 2019 Thought Leader of the Year and Bellefield Systems shortlisted for the ILTA 2019 Business Partner of the Year Distinguished Peer Awards.
The release of the company's innovative OCG Live(TM) and results achieved at one highlighted Am Law 200 client firm where OCG Live identified 50,291 timecards with errors, subsequently recovering savings of over $12 million, and recovering fees of $500,000 from just one client were highlighted as core achievements.
In an industry with only 13.6% female founders, Gabriela Isturiz is the founder of both the legal industry's leading eBilling platforms: eBillingHub--which she sold to Thomson Reuters after achieving 500% growth--then Bellefield Systems which she has led to +900% growth, over 1000 clients worldwide, and a record-breaking six consecutive years as the #1 adopted timekeeping solution. (1)
In 2018, Outside Counsel Guidelines (OCG) deeply challenged firms' abilities to deliver quality timekeeping. The timecard, as the unit of revenue for law firms, is the most critical means of interacting with the client and the most direct communication of value. Firms were finding compliance with OCG so challenging and complex, however, that non-compliance was regarded as a cost of doing business, causing firms to lose up to $15,000 per day.
As the industry leader, Bellefield had the foresight and expertise to deliver a true innovation, one that both solves a complex business of law challenge as well as unlocks value for the firm and the client-firm relationship. In Q4 2018, Bellefield was first-to-market with the release of OCG Live(TM), a first-of-kind technology enabling firms to enforce compliance at the point of time entry.
OCG Live is the only solution that enables firms to actually manage and gain visibility into revenue at stake in the guidelines. This combined insight at the point of time entry and visibility into revenue enables firms to identify errors, recover fees, and deliver on the client mandates of efficiency and trust. Since Q4 2018, 202 OCG Live licenses have been purchased.
Isturiz comments: "This is an incredible honor to be recognized by peers in the ILTA community where I have dedicated my entire career to the beautiful profession of building technology solutions. I have never built and never will build a technology in search of a problem. Rather, we have created an internal culture of success at Bellefield that has enabled us to solve our clients' most complex challenges together--and for that I am proud, humbled and grateful."
About Bellefield Systems
Bellefield provides the fastest path to revenue by removing barriers to time entry for attorneys and law firms. Through the iTimekeep platform, Bellefield brings better timekeeping to any law firm or professional services firm by increasing attorney engagement, providing real-time compliance with outside counsel guidelines and enabling firms to manage their time entry policies. In an area that was long disregarded and accepted as a "cost of doing business," Bellefield's innovations are bringing about efficiencies that allow firms to achieve the best timecard inventory, leading to less rejections, increased compliance and maximum client satisfaction.
Bellefield was founded with one simple (yet powerful) purpose: create better timekeepers. iTimekeep ranks #1 as the most adopted Mobile (and anywhere) Time Entry solution for attorneys for six consecutive years. Bellefield's founding members include the former founders of eBillingHub (now Thomson Reuters(TM)), Gabriela Isturiz and Daniel Garcia and software veteran, John Kuntz. Bellefield Systems is an independent, privately held company headquartered in Pittsburgh, Pennsylvania. To learn more, visit http://www.bellefield.com.
(1) ILTA Tech Survey, 2012-2018
SOURCE Bellefield Systems
