SOURCE: Mitratech


December 06, 2010 07:00 ET

Mitratech Releases TeamConnect® Enterprise 3.3 Featuring Powerful Native Business Intelligence for Easy Access to Metrics, Trends, Spend and Performance Analysis

For a Global View of Matter Portfolio, Compliance Obligations, Risks, and Spend, TeamConnect 3.3 Provides an Integrated Business Intelligence Engine to Create, Tailor, and Manage Reports

LOS ANGELES, CA--(Marketwire - December 6, 2010) - Mitratech, the leader in Collaborative Accountability applications including matter management, e-Billing, and GRC management automation, today announced the release of TeamConnect® Enterprise version 3.3, the latest version of its Collaborative Accountability platform widely used by corporate legal departments in many of the world's largest companies to connect teams, coordinate work, and manage collective knowledge. Focused on providing timely access to actionable metrics, the latest release provides self-service reporting features through an integrated business intelligence engine.

As a core component of the TeamConnect Enterprise platform, the business intelligence engine allows users to quickly and easily assemble role-based reports and dashboards. This capability puts the business user in control of defining desired criteria for analysis and trending, rather than restricting them to a set list of pre-canned reports. 

Native reporting features provide ready access for corporate counsel and compliance officers to support strategic decision-making. Users can access actionable information across platform applications, including matter management, e-Billing, contract management, and GRC, to identify areas for cost cutting, performance improvement, and compliance response. To ensure reporting completeness and accuracy, users can quickly search records for fields where no data has been entered, and develop a remediation plan.

Key reporting features for the business user include:

  • A powerful yet easy-to-use user interface that facilitates designing, maintaining, and generating reports that meet changing business requirements
  • Drag and drop capability to ease report construction for even the most complex queries
  • A "set it and forget it" dashboard option that allows users to add reports to their home page, eliminating the need to re-run commonly used reports
  • A highly optimized query engine that allows reports to run anywhere from 2 to 20 times faster
  • The ability to print and to export reports to Microsoft Excel and PDF formats
  • A powerful security framework to ensure controlled authorized data and report access

Additionally, as a single platform for all reporting, TeamConnect Enterprise 3.3 provides important IT benefits which include:

  • Eliminating the need to integrate with third-party reporting tools, defining separate access controls or implementing single sign-on for reporting
  • Reducing the number of systems to maintain and upgrade
  • Freeing up the database administrator from report creation requirements
  • Reducing investments in licenses for third-party reporting solutions

"Offering business intelligence as a core component of the platform provides our customers with a single source of reporting across all TeamConnect applications, without any integration necessary," said Mitratech President and CEO Afshin Behnia. "Our platform approach has always been our competitive differentiator in the legal and compliance markets. We are committed to making continual investments to provide greater control to business users, so that they are able to fully control their technology with minimal reliance on IT, vendors, or other third parties."

"Corporate counsel's top concerns continue to be cost control and compliance. Having a single platform to manage both these priorities and to easily track trends and patterns helps improve the delivery of legal services while keeping the technology outlay and the cost of operations to a minimum," said Rich Seleznov, managing director and head of Legal Consulting's Strategic Technology Services at Huron Consulting Group, a leading provider of advisory and business services to assist law departments and law firms with their strategy, organizational design and development, operational efficiency, and cost effectiveness.

TeamConnect Enterprise 3.3 offers powerful, native report generation capability while still retaining the ability to integrate with common reporting tools such as Business Objects, Crystal Reports, and Cognos.

About TeamConnect® Enterprise

Proven in legal and compliance industries with over one-fourth of Fortune 500 organizations currently using TeamConnect applications, TeamConnect® Enterprise is an integrated development environment that enables easy UI-driven applications development accessible to business users via highly configurable rules and workflows. Mitratech applications built on top of the TeamConnect Enterprise platform provide support for high-volume, mission-critical usage via the use of Web application clustering and load balancing; utilize flexible security rights management with extensible authentication framework for integrations with corporate security portals like Single Sign-On Servers or LDAP; and offer a state-of-the-art user interface that leverages the latest technologies such as AJAX to provide a rich user experience.

About Mitratech

Mitratech provides market-leading Collaborative Accountability Applications for businesses and their trusted partners. With team-oriented domain applications in legal process automation, governance, risk, compliance and security, Mitratech's TeamConnect Collaborative Accountability Suite improves transparency of financial reporting, reduces exposure to risk, sharpens operating discipline, and improves information security and the efficiency of enterprise processes. Our Collaborati browser application also meets the accountability and collaboration needs of proliferating extraprise teams, wherein vendors, partners and service providers often have to be included in sensitive teamwork projects such as electronic billing, legal hold and collaborative budgeting, or those which expose your business to liability.

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