Content Assessment: Unicorn Functionality? KLDiscovery Announces New Financial Insights Available in Client Portal
Information - 89%
Insight - 87%
Relevance - 90%
Objectivity - 88%
Authority - 92%
A short percentage-based assessment of the qualitative benefit of the announcement by KLDiscovery of new financial insight features for its Client Portal.
Editor’s Note: From time to time, ComplexDiscovery highlights publicly available or privately purchasable announcements, content updates, and research from cyber, data, and legal discovery providers, research organizations, and ComplexDiscovery community members. While ComplexDiscovery regularly highlights this information, it does not assume any responsibility for content assertions.
To submit recommendations for consideration and inclusion in ComplexDiscovery’s cyber, data, and legal discovery-centric service, product, or research announcements, contact us today.
Press Announcement (October 18, 2022)
KLDiscovery Announces New Financial Insights Available in Client Portal
In its latest feature enhancement, authorized users can access new functionality and crucial financial data on-demand and in real-time within the Client Portal solution.
KLDiscovery Inc. (“KLDiscovery” or the “Company”), a leading global provider of technology solutions for electronic discovery, information governance, and data management, released the latest version of Client Portal, the Company’s advanced data visualization tool that delivers critical business intelligence accessible anywhere in the world.
With this release, important financial data and metrics are available to authorized Client Portal users on-demand and in real-time. Advanced, customizable tools enable users to group data points by service type, and soon by entity (e.g., law firm, corporation, or insurance provider), and time period, giving users unprecedented flexibility in the visualization of key business data.
The rollout of specific financial data points available throughout the fall include:
- Invoicing totals by period
- Accrued, but unbilled, work-in-progress
- Aging detail
- Payment status and history
- Aggregate invoicing totals over time, including visual alerts of budget attainment
- Budget consumption
“Client Portal’s dynamic and interactive dashboards offer instant access to the information clients require to effectively manage their daily workloads,” said Danny Zambito, Chief Operating Officer. “Now, with the addition of financial data, clients can view vital metrics on-demand, empowering the ability to make more informed business decisions that improve the bottom line. Access to these metrics is configurable based on role and user permissions.”
“The KLDiscovery Client Portal is revolutionizing the way clients access and manage essential business intelligence, like financial metrics and accounting reports, as well as important KPIs across their eDiscovery matters,” stated Chris Weiler, Chief Executive Officer. “The technology and functionality are ‘unicorns’ in the eDiscovery industry. Empowering clients to retrieve in depth case and financial metrics quickly and easily, down to the matter level, or matters managed by outside counsel, in real-time, is an industry first. Not only have we developed the most transformational solution on the market today, KLDiscovery has authored the roadmap for the future, continuously improving solutions, like our Nebula and Client Portal products, to assist our clients in managing all aspects of their eDiscovery matters.”
For more information on Client Portal, including details on the solution’s dynamic metrics, customizable alerts and layouts, and case documentation, visit the Company’s website.
KLDiscovery provides technology-enabled services and software to help law firms, corporations, and government agencies solve complex data challenges. With 25 locations across 16 countries, KLDiscovery is a global leader in delivering best-in-class data management, information governance, and eDiscovery solutions to support the litigation, regulatory compliance, and internal investigation needs of clients. Serving organizations for over 30 years, KLDiscovery offers data collection and forensic investigation, early case assessment, data processing, application software and data hosting for web-based document reviews, and managed document review services. In addition, through its global Ontrack data management business, KLDiscovery delivers world-class data recovery, disaster recovery, email extraction and restoration, data destruction, and tape management. KLDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte’s Technology Fast 500), and CEO Chris Weiler was a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, KLDiscovery is a Relativity Certified Partner and maintains ISO/IEC 27001 Certified data centers around the world. Visit www.kldiscovery.com to learn more.
Read the original announcement.
Generative Artificial Intelligence and Large Language Model Use
ComplexDiscovery OÜ recognizes the value of GAI and LLM tools in streamlining content creation processes and enhancing the overall quality of its research, writing, and editing efforts. To this end, ComplexDiscovery OÜ regularly employs GAI tools, including ChatGPT and DALL-E2, to assist, augment, and accelerate the development and publication of both new and revised content in posts and pages published (initiated in late 2022).
ComplexDiscovery also provides a ChatGPT-powered AI article assistant for its users. This feature leverages LLM capabilities to generate relevant and valuable insights related to specific page and post content published on ComplexDiscovery.com. By offering this AI-driven service, ComplexDiscovery OÜ aims to create a more interactive and engaging experience for its users, while highlighting the importance of responsible and ethical use of GAI and LLM technologies.
Have a Request?
If you have information or offering requests that you would like to ask us about, please let us know and we will make our response to you a priority.
ComplexDiscovery is a premier online publication renowned for providing essential insights and intelligence in the realms of cybersecurity, information governance, and legal discovery to professionals navigating these fields. As a leading source of information, the publication expertly combines original research with aggregated news to cater to a highly specialized audience. Committed to enhancing readers’ understanding of relevant topics, ComplexDiscovery stands as an impartial and comprehensive resource for exploring trends, technologies, and services associated with electronically stored information.
The driving force behind this influential publication is ComplexDiscovery OÜ, a technology marketing firm that excels in strategic planning and tactical execution for organizations operating within these sectors. Registered as a private limited company in Estonia, a global leader in digital advancements, ComplexDiscovery OÜ dedicates its primary focus to supporting the publication. The company capitalizes on its virtual presence to provide marketing consulting and services to a diverse array of clients around the world, further solidifying its reputation as a leading voice in the eDiscovery ecosystem.