Unveiling the Data Dashboard: A Glimpse into the Future

Our journey begins with a data visualization example that showcases the power of data insights. While this visualization serves as an example of what's possible today, it also represents the tip of the iceberg. Our true vision is to take data to the next level—turning it into predictive analysis that propels your firm's growth.

• ‍Real-Time Insights: The visualized data offers real-time insights into your firm's activities. From timekeepers' work patterns to client interactions, this example compiles data points that contribute to a comprehensive understanding of your operations.
• ‍Actionable Analytics: Our goal is to take this example to the next level by generating actionable insights that drive strategic decisions. Imagine identifying trends, pinpointing inefficiencies, and optimizing resource allocation in ways that transform your profitability.
• ‍Customizable Views: Just like this visual example, our future data streams will be tailored to suit your needs. Choose from a variety of insights that showcase the metrics most relevant to your firm. The Data Dashboard of tomorrow will empower you to focus on what matters most.

Check out this production data here: https://laurel.ai/timedata

• Unsurprisingly, our professionals across legal, accounting, and ourselves(!) are swamped with emails as the primary activity.
• However, our data on where billable time is spent shows meetings and phone calls as the "boulders" of our timesheets.
• We are clearly overwhelmed with 0.4 activities occurring per minute! Laurel has some exciting updates to address the reality of our work lives and collecting them to be made into machine-built timesheets.

The Power of Predictive Analysis: The Next Frontier

As we journey into the future, we envision predictive analysis as the next frontier of data-driven decision-making. With the insights gathered from today's visual example, our predictive models of tomorrow can forecast future trends, allowing you to proactively address challenges and seize opportunities.

• ‍Strategic Planning: Envision using predictive analysis to plan strategically for your firm's growth. Anticipate resource demands, identify potential bottlenecks, and adapt your strategies accordingly.‍
• Client-Centric Approach: Think about understanding your clients' needs before they do. By analyzing historical data and trends, you can tailor your services to meet their expectations, forging stronger client relationships.

From Data to Dollars: The Journey Continues

At Laurel, we're not just focused on data for the sake of it. Our ultimate goal is to translate data insights into increased revenue and profitability for your firm. The visualized example you see today is just a taste of what's to come—an illustration of our commitment to driving your business forward through data.

Our founders, Ryan Alshak and Niket Desai, share a common vision. As Niket aptly puts it, "We're not just a timekeeping company; we're a time and data company. We're leveraging data to create value and transform the way professional services operate." This vision, combined with Ryan's passion for empowering and transforming businesses through data, is what propels Laurel's evolution. As Ryan says, "As a lawyer, I wanted my work to matter instead of being focused on billing increments."

Data: The Foundation, Today and Tomorrow

One key differentiator of Laurel is that even minimal usage of our data collection tools contributes to your insights. The activity collection automation captures a wealth of information, even if it's not immediately integrated into machine timesheets. This means that your firm is always building a reservoir of data intelligence, ensuring that valuable insights are never lost (and always found).

Embracing the Future Today

The future of professional services is data-driven, and at Laurel, we are paving the way for this transformation. While today's visual example provides a glimpse, our commitment to predictive analysis and transforming data into actionable results sets us apart.

It's clear that data is reshaping the landscape of professional services. The visualized example you see today is just a stepping stone towards the future of predictive analysis and data-driven growth. The potential is immense, and at Laurel, we're committed to guiding you towards unparalleled success in the world of professional services.

Explore our resources, including our Implementation That Doesn't Fatigue article and Business Impact insights, and discover how Laurel can propel your firm's growth through the power of data.