Now users can see the most up to date information without having to run a report or shepardize their data in order to make sure that it’s accurate. So what we’ve done on our new dashboard is surfaced and automated that at the top of the platform. Many of these metrics already existed on one of myriad reports, available to our users to run, depending on how frequently they wanted to analyze that metric. No longer does it take a day or two of time spent sifting through excel spreadsheets to find the metrics that you’re searching for.īill4Time has a history of robust and comprehensive reporting.
BILL4TIME CHANGES TO DASHBOARD SOFTWARE
Particularly in the context of the proliferation of cloud computing software throughout the industry, firms are able to automate these reporting functions and gain invaluable business insights from the data. Over the past decade, KPI tracking has trickled down from Big Law to mid-sized and smaller law firms. What’s the adoption level of tracking KPI metrics for modern firms?
In practice, these metrics can assist partners, attorneys, and managers to evaluate their efficiencies, successes, and practice areas prime for improvement on both an individual and firm-wide level. An example KPI metrics could be as simple as tracking how many new clients you have brought on, or how many hours you have billed on a certain day. KPIs are metrics and benchmarks an attorney can use to measure their performance and overall health of their practice. What is a KPI and why might it be important to a solo, small or mid-sized law firm?Ī KPI is a Key Performance Indicator. This efficiency of the dashboard will be an advantage over some bigger law firms that can take a multiple day turn-around time to accurately produce the same metrics and reports. With this new redesign, we’ve taken a step towards automating the accessibility of this information and performance metrics so that when users add data to the system (like adding a time entry), they can see the outputs in real-time and visualize how it impacts their firm. This real time functionality is increasingly essential for small firms who are so focused on their practice and serving their clients that sometimes these reporting and analytics tasks can fall to the wayside. We’ve made the dashboard the home of new information and most recent information for anyone in the firm, no matter their role. It was essential that we made the central dashboard as useful and functional as possible for the specific needs of each individual user of the platform. Based on user feedback, we learned that our clients really appreciated having at-a-glance totals.Īs we developed the new dashboard, we focused on bringing key information and business insights to the surface, so that users could quickly see the information they needed, when they needed it.īill4Time has many levels of complexity (in our billing, invoicing, reports features as well as the newer legal practice management features that we’ve added) and a variety of different users with different needs. The new KPI dashboard builds upon our Bill4Time legacy dashboard, which focused on quick access and at-a-glance metrics. Why was the new KPI dashboard added to the Bill4Time platform?
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