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Mitratech
Releases TeamConnect Enterprise Version 2.3 Allowing Organizations To
Automate Unique Business Processes With Dramatically Reduced
Configuration Costs
TeamConnect
2.3’s enhanced rule engine reduces the need for coding, delivers
faster implementation time and a low cost of ownership
LOS
ANGELES, CA, February 20, 2006
- Mitratech, a leading provider of software solutions for legal
departments to manage matters, risks, and ensure compliance, today
announced the release of TeamConnect 2.3. TeamConnect 2.3 allows
organizations to better respond to changing business requirements,
future compliance regulations, and corporate standards while delivering
dramatic reductions in the time and cost associated with implementation.
TeamConnect 2.3 enables Legal IT departments to take control of
configurations in-house and deliver a cost-efficient solution that
responds to changing corporate and regulatory compliance policies.
Mitratech’s product managers have leveraged 19 years of domain
expertise to make those client configurations and custom rules, capable
of delivering significant benefits throughout the legal profession,
configurable through the enhanced rule engine. Non-technical
administrators can proactively respond to evolving business requirements
and ensure the consistency of critical information, by configuring many
types of rules that previously required custom coding, simply through
the GUI.
Allowing administrators to configure business logic through the GUI,
TeamConnect 2.3 delivers tangible efficiency gains. Interpretations of
Sarbanes-Oxley regulations demand timely responses with important
consequences if ignored. TeamConnect 2.3 allows administrators to
quickly react to any changes in compliance regulations in record time
and with minimal costs. Consequently, if the interpretation of
Sarbanes-Oxley regulations was modified to include tracking vendor tax
ID updates, for example, a custom Audit Tracking Rule that previously
may have required a total of eight hours to develop can now be
configured and tested by a single administrator in just thirty minutes.
Administrators can rapidly and cost-efficiently set conditions to track
compliance-sensitive information including: who made updates, what
information was updated, what it was changed from and to, and when (date
and time).
“At Mitratech, we understand that our clients need to respond to
changes in corporate policies and compliance regulations with
unprecedented time constraints," said Afshin Behnia, President and CEO
of Mitratech. “In response, we have designed and developed a
cost-efficient solution that enables legal departments to automate
changing requirements rapidly and effectively. Our clients’ success is
essential and we will continue to provide excellent products and
services to facilitate their achievements."
About Mitratech Products
TeamConnect Legal Suite is a comprehensive set of legal software
solutions tailored to the business needs of Fortune 500 companies’
corporate legal departments and staff counsel offices. This software
suite includes Matter Management, Entity Management, Mass Tort, Incident
Reporting and Investigation, and Executive Dashboard, maximizing legal
department productivity while reducing operations and IT costs.
About Mitratech
Mitratech Holdings, Inc. is a leading provider of matter-centric legal
solutions and on-line services for Fortune-size companies, staff
counsel, and government agencies that represent the world’s leading
enterprises. Mitratech's TeamConnect Legal Suite allows progressive
legal departments to monitor litigation, asset, and compliance risk and
reduce legal spend. Since 1987, Mitratech’s domain expertise and
superior technology has enabled more than 250 organizations across all
industries to take a business-focused and results-oriented approach to
the challenges facing legal departments. For more information, please
visit www.mitratech.com. |