Raza Hasan, the President and CEO of TimeSolv is a thoughtful software and technology leader. With a strong product and business development background, Raza is known for his pragmatic leadership. He has played an instrumental role in growing the company from a startup to a market leader in the software solutions space. Under his leadership, TimeSolv has metamorphosed into a trusted partner for leading law firms, providing efficient and reliable time billing software. While growing as a leader, Raza Hasan’s core focus remains to ensure that TimeSolv continues providing exceptional customer service and product innovation.
In an interview with PerceptivX, Raza shares some key insights about his leadership style, journey to success, and plans to continue the winning streak. Below are some of the highlights.
A brand that promises. A brand that delivers
Raza Hasan: “TimeSolv is a global leader in time & expense tracking, billing, and payments needs for law firms. Operating since 1999, we are a leading provider of online legal billing software that helps law firms of all sizes spend less time tracking and billing and achieve higher profits. Our software streamlines the billing process and provides law firms with the tools to track billable hours accurately, manage expenses, generate invoices quickly, and get paid promptly. At TimeSolv, we aim to empower law firms with the tools and resources to increase their profits. We are committed to delivering innovative solutions that help law firms streamline billing, maximize efficiency, and grow revenue. Our tagline, “Maximizing Your Firm’s Profits,” reflects our commitment to working closely with our clients to help them achieve their financial goals and unlock their full potential.”
Delivering extraordinary success
Raza Hasan: “Our unique selling proposition is simple: we provide end-to-end legal billing software solutions that enable law firms to streamline their billing processes, maximize their billable hours, accurately generate invoices, and get paid promptly with integrated payments. Our promise to our clients is to deliver measurable results that lead to increased profitability, backed by our guarantee to refund subscription fees if our software does not meet their expectations after six months.
We believe that by partnering with our clients and delivering best-in-class legal billing software, we can help firms of all sizes achieve extraordinary financial success and flourish in today’s competitive legal industry.”
A stitch in time saves nine
Raza Hasan: “We understand that legal billing can be a time-consuming and frustrating process that takes away from the valuable time law firms could spend on practicing law. That’s why our mission is to provide legal billing software that helps law firms spend more time practicing law and less on billing, all while increasing profitability. Our unique selling proposition is our commitment to maximizing law firm profitability by minimizing the time spent on billing and reducing AR to zero. With our legal billing software, law firms can spend less time on administrative tasks and more time doing what they do best—practicing law.”
Raza Hasan: “I recognized the potential of web applications early on and that online billing software would dominate the then-client-server billing software applications. I acquired TimeSolv, one of the early web applications, from Thomson Reuters.
We have had multiple challenges in growing TimeSolv; the most notable was delays in investing in marketing. Hence, we made it a point to have the required marketing budget to maximize our outreach to prospects.
When it comes to attracting the right investors, my advice is straight and simple. Just focus on customers and grow the business. Your success will attract investors; without it, chasing funding is futile. And the other key to success is always to be open to advice, and you would not know which advice may kick-start growth.
Raza Hasan: “As we steadily move towards bigger and better goals, our prime focus remains team and individual growth. We always invest in our team to grow them individually. With a team committed to client success, I have zero doubts that we’ll remain a market leader. Our innovative product, Zero AR with integrated payments, is here to change how business is done. Watch the video at https://www.timesolv.com/zero-ar/“