iManage Time Narrative Classification Robot

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iManage Time Narrative Classification Robot

Automate timecard narrative classification at your firm or organization with AI

Accurate recording of time taken to complete a matter or project is central to law firms and consulting services organizations. Firms are under increasing pressure to do volume work on a fixed fee and evolving regulations regarding matter break down such as UTBMS and Precedent H, means missing or incorrect classification of time records not only has an organizational financial impact, but can also adversely affect regulatory compliance. iManage Timecard Narrative Classification Robot uses the power of AI to accurately analyze and classify the time taken to complete a matter or project. Improve resource allocation and task management, gain better business insights and accurately forecast matter or project costs.

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Innovative approach for time narrative classification

Improve client satisfaction
Reduce incorrect customer billing with increase accuracy of timecard classification.
Improve cash flow
Reduce billing disputes, WIP, locked up capital and debtor days with improved invoice to case processing.
Better matter and project forecasting
Heuristic modeling of historic matters illustrates profitability and financial management throughout the entire matter-life cycle. Reduce write downs and increase client satisfaction.
Save time, reduce cost
Massive reduction in manual effort to reclassify billing time records. Free up administrative resources to do more productive tasks.
Easily integrate with third-party systems
Seamless integration with third-party time-recording, billing and finance systems.

Automate timecard narrative processing

iManage Time Narrative Robot can automatically read and analyze thousands of timecard records generated from a variety of time recording systems such as Intapp Time. The robot learns from an initial training set and can be configured to understand specific identifiers within timecard narratives that indicate the identity of the relevant task code for that description. This identity is inserted within the corresponding database record or spreadsheets provided by the firm.

Firms can analyze all their previous matter by activity and gain a clear understanding of where time and effort has been expended, as well as accurately forecast future matter and project costs.

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AI for Legal Departments

AI allows for convenient and accurate timecard automation for law firms. In addition, it’s transforming how accurately and efficiently legal departments are able to conduct business, track work and allocate resources. iManage RAVN — a winner of Modern Law Awards’ Best Use of Technology — can automatically classify, sort and extract information from documents ranging from timecards and contracts to leases and M&A documents. Its ability to harness the power of AI for your firm’s benefit should not be overlooked.

As today’s law firms are under increasing pressure to perform better while meeting all regulatory standards, iManage RAVN is the tool of choice for competitive organizations looking to further up their game. By helping to eliminate tedious manual tasks, it reduces labor costs while at the same time decreasing human errors that can easily lead to fines, lost business and reputational damage.

iManage extraction software is a state-of-the-art partner to ensure your firm’s ongoing success and competitive edge. Get organized, protected and supported — all through one powerful platform, proven to boost productivity.