Matter Comparison Application Modernizes Alternative Fee Arrangement Pricing and Speeds up Propos

BOSTON - July 8, 2015 - PRLog -- BA Insight is pleased to announce Matter Comparison, a SharePoint application that replaces the archaic manual process used for pricing and proposal generation. The process of manually collecting information from many different systems, finding a suitable set of comparisons, copying and pasting them into spreadsheets, and then analyzing matters to create billing estimates is slow, painful, and prone to errors.  A firm's profitability and competitiveness are at stake when mistakes and missing information result in lost business and revenue.

With BA Insight’s Matter Comparison, matter-related content from multiple systems is automatically aggregated into a virtual “Matter Mart”.  Partners and pricing specialists can then easily collect and compare matters directly from search results. Selected matters are saved to virtual comparison baskets which can be viewed in a comparison grid, shared, and exported for offline analysis.

In today’s environment, law firms face increasing pressure from clients to bid Alternative Fee Arrangements (AFA) for new work.  This approach demands that bids be priced competitively while also maintaining profitability. Thus, the ability to quickly access a comparison of similar work greatly enhances the firm’s chances of bidding more effectively.  BA Insight’s Matter Comparison application modernizes the alternative fee arrangement pricing for new contracts and speeds up the proposal process.

“Our Business Development team and Pricing Analysts are eager to begin using Matter Comparison to enable them to better analyze risk and ensure that bids are priced effectively and competitively. We have been working hand in hand with BA Insight to develop this solution and it will be released shortly to the Firm,” said Mike Tominna, Senior Manager of Web & Search Systems at DLA Piper.  “With just a few clicks, we will be able to quickly aggregate matter information from different content sources including iManage, Elite, Interaction, WestKM, and various data marts.  This will save us a great deal of time when putting fee estimates together.”

There are many use cases for Matter Comparison including:

·       -Alternative Fee Arrangements

·      - Proposal Generation

      -Case and Matter Management

·     - Exploration of Virtual Warehouses

Matter Comparison is available immediately from BA Insight.  For more information visit www.BAinsight.com/matter.

About BA Insight

BA Insight’s software portfolio accelerates and future-proofs the creation of cloud-based and on-premise SharePoint portals for enterprises, transforming how users find information. Our software dramatically reduces the time, cost, effort, and risk of implementing SharePoint portals while providing a greatly improved user experience. BA Insight serves organizations of all sizes and industries including legal entities such as DLA Piper, Tory’s, Wiley Rein, Travers Smith, Dorsey & Whitney, Kelley Drye, Fenwick & West, and Lewis Silkin; and enterprises such as Chevron, New York Life, Ford, Ace Hardware, and Allergan. BA Insight was recognized as a visionary in the 2014 Gartner Magic Quadrant for Enterprise Search and is a Microsoft Gold Certified Partner and member of the Microsoft Business-Critical SharePoint Program. Visit www.BAinsight.com for more information and follow at @BAinsight.