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TeamConnect InvoiceIQ Module

This page provides the release related information of TeamConnect InvoiceIQ Module.

TeamConnect InvoiceIQ (IIQ)

Releases Release Date Major Changes Product Compatibility
InvoiceIQ 2.0 Release notes 10/Nov/2023

This release introduces a range of exciting and highly requested features aimed at enhancing the InvoiceIQ workflow for our clients:

  • New Dashboards for Vendors: The new Enhanced Vendor Performance dashboard gives users a comprehensive overview of activities on which the attorneys are spending their time at the firm level. Whereas the Vendor Comparative dashboard allows comparing the firm performance side-by-side on various factors like Diversity, Fees, Expenses, Guidelines Compliance, and Rates.
  • MitraCode Rule Projected Savings Report: The MitraCode Rule Projected Savings Report, provides information about the InvoiceIQ module performance and potential savings in the client's environment. Gain valuable insights to optimize cost-efficiency and drive profitability.
  • Improved InvoiceIQ module Configuration and MitraCode rule settings: This enhancement has added new fields and functionalities to provide a better user experience. Now users have the ability to restrict the application of certain MitraCode rules to specific Matter types. Additionally, users can have a predefined “Comment to Vendor” and In-House Comment added to the categorized line items automatically. For more information, please refer to these articles
TCE 6.3.5
InvoiceIQ v1.1 Release Notes 11/Nov/2022 Introducing Invoice IQ Module powered by Machine Learning: Improve invoice review timelines and provide potential adjustment opportunities through machine learning recommendations on line items; activity categorization; custom rules; GC, AGC and compliance dashboards using TCBI. TCE 6.3.5
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