What is Acuity Insight?

Imagine reviewing a monthly invoice from your “go-to” law firm. All previous invoices on this very typical matter have been within a predictable cost range, reflecting the firm’s predictable matter work up. This month the invoice is 5X that typical amount. Will you recognize the spike in billing? Will you remember – oh right, this matter is gearing up for trial; this deal is gearing up for final closure; I should be expecting a large expert expense?

Acuity’s strategically placed AI icon, Green-AI Acuity ELM Launches New Analytics Feature: Acuity Insight (AI), gives you that insight at your fingertips, providing a quick visual into trends and alerting you to issues:

Green-AI Acuity ELM Launches New Analytics Feature: Acuity Insight (AI)Green for spending patterns, budget burndowns, and/or attorney and firm performance that are on trend

Artboard-1-100 Acuity ELM Launches New Analytics Feature: Acuity Insight (AI)Yellow for those off trend or not consistent with previous patterns – inviting you to look at the invoice or budget more closely

Artboard-2-100 Acuity ELM Launches New Analytics Feature: Acuity Insight (AI)Purple for those significantly off trend – alerting you that this specific invoice, budget, firm, attorney requires even stronger scrutiny

Clicking the AI icon will display a graphic of how the invoice in front of you compares to previous patterns. Likewise, a budget AI in the context of that same invoice will show you a quick burn down chart, predicting exactly when the firm’s budget will be depleted. Thus, enabling you to take immediate action: revise the budget; write down the invoice; make that needed call to your firm.

Why Acuity Insight Matters

Our vision is to give you analytic insight where and when you need it most. So, you don’t lose valuable time by having to navigate away from your workflow to run a report or view a static dashboard. And you don’t lose a valuable opportunity to proactively manage your budget, your firms, and your matter outcomes.

New features will be added ongoing to Acuity Insight. Subscribe to our blog to stay updated or book a demo to see it in action.