Release Date: October 7, 2015
NEW FEATURES & ENHANCEMENTS
ENHANCE ACCOUNT SECURITY USING SMS BASED TWO-FACTOR AUTHENTICATION (2FA)
With version 3.2 release, CosmoLex now includes an SMS-based two-factor authentication system for your CosmoLex Account(s). Two-Factor Authentication, also known as 2FA, is an extra layer of security that is known as "multi-factor authentication" that requires not only a login and password but also a second form of one-time verification code that is delivered via SMS.
2FA: ENABLE FOR THE ENTIRE FIRM
You can now enable 2FA for the entire firm in the Setup section, thereby forcing each of your firm’s CosmoLex user to further secure their account.
2FA: SELECTIVE DISABLE FOR CERTAIN USERS
In some unique situations (e.g. SMS service not available), you can (if you are a CosmoLex Administrator at your firm) selective disable 2FA enforcement for specific users.
OTHER FEATURES & IMPROVEMENTS
Export Client Data/Address Book
You can now export your entire address book or just the client information in a plain CSV formatted file from Contact section.
Display of Time/Expense Card Description
User interface updated to include Time or Expense Card description on the screen instead of need to click on each individual item.
New Report: Collection by Matter Owner
Compute earned fee for each Timekeeper in a given date range. This report can be used for variety of needs: Productivity measurement; facilitates apportion fee allocation to timekeepers by work/collection activities; distribution mechanism for improved cash flow for outside counsel.
New Report: Collection by Timekeeper
Collection by Matter Owner computes earned fee for Matter Owners in a given date range. This report can be used for variety of needs: Productivity measurement; facilitates apportion fee allocation to matter owners by work/collection activities. This report also provides summary totals for each Matter Owner as well as each Timekeeper.
New Report: Trial Balance
An important year-end accounting report that shows balances of all ledgers into debit and credit columns.
- Timekeepers Time Report - Added descriptions printing option.
- Account Receivable - Added option to group aging invoices by Client Matter.
- Timecard Timer function is enhanced.
- Invoice Printing - Transaction since last invoices now does not display extra operating transactions when invoice is paid from trust funds.
- Timekeepers Time Report - Fixed Calculation Issues
- Over 15 other minor fixes or improvements