Oddr Announces OddrPay at ILTACON

SILICON VALLEY
August 8, 2024

OddrPay provides a consumer-gradefully integrated payment solution powered by Payload & JP Morgan Chase

Oddr, the legal industry’s only invoice-to-cash platform, announces today the company has released OddrPay, a new module in the Oddr invoice-to-cash platform that delivers, for the first time, consumer-grade, fully integrated payment solution powered by Payload & JP Morgan Chase that enables clients to review, schedule and pay invoices in 1-click. Oddr is sponsoring and exhibiting at booth #229 ILTACON Aug. 11 – 15 in Nashville.

Today, most law firms deliver invoices by PDF to their clients with payment information locked on the document causing clients to take multiple actions independent of the PDF to execute payment-- a contributing factor to payment delays. It is widely known that legacy billing and collections are managed by multiple siloed systems causing internal operational drag and contributing to the overall, industry-wide slowdown of payments by 5% YoY for the past two years according to Citi Hildebrandt 2024.

OddrPay provides a consumer-grade, fully integrated payment solution with a gateway backed by JP Morgan Chase, providing the most secure, reliable and cost-effective solutions for firms.  With OddrPay, clients can also:

• View their current and outstanding invoices and pay them with 1-click. Clients can view their historical invoices and payments via the secure self-service portal

• Save their preferred method of payment (ACH / Credit Cards) to expedite the payment processing process.

• See the detailed transaction history of every invoice payment and the amount the client paid towards each invoice. This makes reconciliation a breeze for the firm.

• Schedule payments for future dates, allowing flexibility to clients and ensuring timely payments on invoices for the firms.

CEO of Oddr, Milan Bobde, comments:  “We are excited to launch OddrPay to further our mission to create exceptional client experiences while accelerating payments for law firms and lowering their cost.  OddrPay offers firms unmatched security, reliability, and cost-efficiency:  with 1-click invoice payments, saved payment methods, detailed transaction histories, and the ability to schedule future payments, OddrPay enhances client convenience and streamlines financial operations, setting a new standard of invoice payment in the legal industry."

OddrPay is the next wave of transformation Oddr is bringing to their invoice-to-cash platform to create exceptional client experiences and transform billing and collections for law firms with a mission to earn firms a net ROI of 1% of gross revenue. To learn more about Oddr at ILTACON and sign up for a demo of OddrPay, go here.

About Oddr

Oddr is the legal industry’s only AI-powered invoice-to-cash platform.  Oddr’s AI-powered platform centralizes, streamlines and accelerates every step of billing + collections— from bill preparation and delivery to collections and reconciliation - enabling new possibilities in analytics, forecasting, and client service that eliminate revenue leakage and increase profitability in the billing and collections lifecycle.

Oddr Media Contact:

Patricia Ann Nagy, Chief Strategy Officer

Proxy PR

270 West 11th Street 4c

New York, NY 10014

[email protected]

646.717.4541

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