Authored By: Candace Whitman
AdvoTrac® is a proprietary software platform created by Advocate Capital, Inc. for the tracking of lines of credit on a case-by-case basis. It is the case-by-case tracking of borrowing costs that makes it possible for our clients to reduce their net cost of capital to below 1% (on average) by recouping their borrowing costs from their cases. Here are a few helpful features that make AdvoTrac® special:
- Free, unlimited training
All of our clients have access to free, unlimited training to help them learn to navigate the AdvoTrac® platform. Our training team, led by Director of Education and Training Billie Hardison, can hop on a video call with you to walk you or your team through any feature you may need help with. Billie creates helpful training videos and pdfs that are easy to find on the AdvoTrac® portal for you to reference anytime you need a refresher. We also have QuickBooks® ProAdvisors on our team who can help you with any QuickBooks® questions you may have.
- Memo field and customized picklist
Our clients love the memo field feature in AdvoTrac®. You can use this feature to keep track of who and what you are spending on your cases. You can create a customized picklist of common items for consistency. For example, you could add expert witness, travel expense, medical records, etc. This feature can help you and your team keep your case expenses organized.
- Upload Excel sheets to request funds and pay off cases
In AdvoTrac® if you have multiple funding requests to make or a case to pay off, you can upload an excel sheet to save you the time of entering them in one-by-one.