InvoiceIQ 2.1 Release notes

InvoiceIQ Installation and Configuration v2.1 Guide

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

• Added Recategorization block: A new Recategorization block has been added for recategorizing predictions, re-running MitraCode rules, and creating a re-categorization sync object. And developed logic for un-running and re-running mitracode rules for line items when re-categorization is applied to the line items.
• Implemented model retraining service: Developed a flowchart and gathered the requirements for creating a retraining service after researching and reviewing Quovant's retraining code. Developed a Docker environment for model retraining service and implemented categorization functionality.
• Improved InvoiceIQ connection settings: The new enhancement automatically starts the schedule on startup based on appropriate API key level. Clients can validate that their API keys are working efficiently by clicking the ‘Test Connection' button. And can trigger the prediction/training syncs immediately by clicking the ‘Sync Now’ , when Prediction Server and Training Server return a Connection Established status.

To deep dive into these changes, refer to this article InvoiceIQ Recategorization.

Nov 2023

InvoiceIQ v2.0

InvoiceIQ 2.0 Release notes

InvoiceIQ Installation and Configuration V2 Guide

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
  • InvoiceIQ Mitracode Rule Configuration
  • Manage InvoiceIQ
  • How to Enable Interactive Line Item on Invoice Object in TeamConnect?

TCE 6.3.5

Nov 2022

InvoiceIQ v1.1

InvoiceIQ 1.1 Release Notes

InvoiceIQ Installation and Configuration v1.1 Guide

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.
• General Counsel, Assistant General Counsel, and MitraCodes Summary Starter Dashboards using TCBI.

TCE 6.3.5