Industry-leading Cost Recovery Solution Extends Functionality to Track Online Research
ORLANDO, Fla., Aug. 20 - ILTA '07 - Equitrac Corporation, the world leader and most trusted name in intelligent cost recovery and print management solutions, today announced integration with LookUp Precision from Advanced Productivity Software. With this integration, Equitrac Professional 5 now provides automatic tracking and costing of online research from sites including Lexis, Westlaw, Pacer, and hundreds of others.
Equitrac's extensive integration options for leading time & billing systems and robust web services for administration, reporting and exception editing augment the extensive tracking and intuitive user interface of the Look-Up Precision application. Through the LookUp Precision application, law firms can track usage metrics for any online resource, including accurate, validated client/matter assignment.
Announced here today at the opening of ILTA '07, the 30th annual educational conference of the International Legal Technology Association, Equitrac's integration with LookUp Precision provides summary or detailed reports, including user information, transactions, search terms, and costs, which are instantly available to the firm and can be processed through Equitrac for a complete cost recovery solution. This means that the electronic resource vendors no longer have a monopoly on usage information, putting firms on solid ground when negotiating resource contracts.
"Online research costs can be very significant and are often unallocated and untraceable at the client matter level," said Randy Henderson, Senior Marketing Manager at Equitrac. "This industry leading partnership ensures that our clients have a powerful tool for complete and accurate tracking and analysis of these costs, adding further value to their investment in Equitrac technology."
"Many firms are already processing the transactions tracked by LookUp Precision through Equitrac," explains Devin GawneMark, LookUp Precision Product Manager, "so it's only natural that we work together to improve our compatibility and standardize our interoperation to bring the maximum return to our clients while removing any administrative or technical burden."
LookUp Precision 2007, which includes enhancements designed for Equitrac integration, is now publicly available and will be represented at Advanced Productivity Software's booth (#806) at the ILTA conference. Firms using LookUp 2005 are able to upgrade at no additional cost.
The Equitrac Professional 5 software suite is available for demonstration to legal professionals attending ILTA '07 at the Equitrac booth (#701) at the ILTA conference, taking place Aug. 20-23 at Grande Lakes Resort in Orlando, FL. Further information can be obtained by visiting Equitrac's website at www.equitrac.com.
About APS - Advanced Productivity Software.
For more than 16 years, APS has been dedicated to developing time tracking software to meet the needs of today's law firms. Whether you're an attorney, a legal assistant, a firm administrator or a law librarian, we've considered your specific needs and have developed solutions that fit the way you work. Regardless of which APS product you choose, DTE® for time entry, RollCall® for staff time and attendance, or LookUp Precision® for research tracking and cost recovery, you'll appreciate the flexibility, performance, and simplicity of our software and the responsiveness of our customer service team. That's why we've earned more than 500 customer organizations worldwide, including more than 50 percent of the AmLaw 100. For more information, visit www.aps-soft.com.
Equitrac Corporation is the world leader in intelligent cost recovery and print management solutions. Backed by an unmatched R&D program and the largest team of cost-recovery experts in the world, Equitrac enjoys preferred technology partnerships with the world's leading providers of hardware and software solutions for the office environment. From the Fortune Global 100 to college campuses, within the AMLAW 200 and in municipalities across the globe, Equitrac solutions are at work helping organizations recover costs, reduce waste, increase returns and maximize efficiency in printers, copiers and multifunction devices. For more information visit www.equitrac.com.
Source: Equitrac Corporation
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