About Impact Analytics
Impact Analytics is a data analysis software from BigHand that helps firms uncover the right value metrics and provide a data-driven solution to demonstrate impact. It combines Workflow Management, Resource Management, Digital Dictation and Speech Recognition, Impact Analytics, and Document Creation so firms can effectively manage their operations and analyze performance metrics. This software enables legal professionals to share and track work across teams, allocate resources profitably, accelerate dictation and transcription processes, and simplify the creation of legal documents. With its reliable analytics capabilities, users can analyze timecard data for better insight into impact and profit. Key capabilities: Workflow Management Resource Management Digital Dictation and Speech Recognition Impact Analytics Document Creation Best for: legal firms that need to analyze performance and improve operational efficiency.
BigHand Impact Analytics is a robust, AI-enabled platform designed for legal firms and departments aiming to optimize billing, enhance DEI initiatives, and improve operational efficiency. Its intuitive user interface supports deep data analysis and visualization, compatible across multiple platforms and devices. The tool seamlessly integrates with existing legal software, providing detailed insights at various levels, from billing to diversity metrics. Its key features include consistent coding accuracy, granular activity-level analysis, customizable dashboards, and staffing recommendations—all aimed at strategic decision-making and enhanced client service. Impact Analytics offers extensive resources such as webinars, training, and support, although exact pricing is available upon request. The comprehensive insights provided deliver strong return on investment by reducing costs, improving transparency, and boosting lawyer productivity. While the platform's complexity and integration setup may pose challenges for smaller firms, its strengths in data accuracy, visual reporting, and DEI support make it appealing for large legal organizations seeking to elevate their performance and inclusivity initiatives.
Pros & Cons
- +User-friendly interface for easy adoption
- +Deep analytics support strategic decision-making
- +Strong DEI integration for inclusive practices
- +Customizable dashboards for varied needs
- +Supports multi-year data analysis
- −Pricing details are not publicly transparent
- −Requires data integration setup and training
- −May be complex for small firms without existing systems
- −Dependence on quality of input data
- −Limited offline capabilities
Features
Key features
- Consistent Coding Accuracy – Uses AI to tag legal work reliably, ensuring data integrity for pricing and analysis.
- UTBMS+ Granularity – Delivers detailed unit cost data, facilitating transparency and profitability assessments.
- Flexible Data Visualization – Supports exportable visual insights compatible with various reporting platforms.
- KPI Identification – Highlights key performance areas for operational and strategic improvements.
- Improve Client Services – Enhances value propositions by leveraging accurate, data-driven billing insights.
- Analyze Billing Data – Converts complex billing into actionable cost and effort metrics.
- Monitor & Manage Costs – Enables ongoing cost oversight aligned with budgets for profitability
Additional features
- Impact Analytics Dashboard – Centralized space for visualizing key metrics and insights easily.
- Multi-year Data Analysis – Tracks trends over multiple years for comprehensive performance monitoring.
- Data Quality Monitoring – Flags inconsistencies in billing and time entry data.
- Diversity & Inclusion Metrics – Quantitative and qualitative analysis supporting DEI initiatives.
- Matter Deep Dives – In-depth analysis on specific cases, scopes, and staffing.
- Cost & Effort Breakdown – Detailed breakdown of task costs for better pricing strategies.
- Staffing Recommendations – Data-driven suggestions for staffing adjustments.
- Communication Tools – Facilitates transparent discussion between stakeholders.
- Forecasting & Budgeting – Supports cost predictions aligned with strategic goals.
- Client Reporting – Easy export for client-facing presentations and reports
Pricing
Countries & Languages
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Billing currencies
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About Impact Analytics
Impact Analytics is a data analysis software from BigHand that helps firms uncover the right value metrics and provide a data-driven solution to demonstrate impact. It combines Workflow Management, Resource Management, Digital Dictation and Speech Recognition, Impact Analytics, and Document Creation so firms can effectively manage their operations and analyze performance metrics. This software enables legal professionals to share and track work across teams, allocate resources profitably, accelerate dictation and transcription processes, and simplify the creation of legal documents. With its reliable analytics capabilities, users can analyze timecard data for better insight into impact and profit. Key capabilities: Workflow Management Resource Management Digital Dictation and Speech Recognition Impact Analytics Document Creation Best for: legal firms that need to analyze performance and improve operational efficiency.
Impact Analytics Details
Impact Analytics's In-App Market Place
Does Impact Analytics have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
NA
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (CHF), CNY (¥), INR (₹), MXN (MXN)
Pros & Cons
- User-friendly interface for easy adoption
- Deep analytics support strategic decision-making
- Strong DEI integration for inclusive practices
- Customizable dashboards for varied needs
- Supports multi-year data analysis
- Pricing details are not publicly transparent
- Requires data integration setup and training
- May be complex for small firms without existing systems
- Dependence on quality of input data
- Limited offline capabilities
Impact Analytics's Support Options
Contact
+1 951 848 3948Chatbot
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