Overview

Laurel Automated Timekeeping Software is a tool designed to aid in eliminating the often tedious process of time tracking, thereby allowing professionals, particularly those in the accounting, consulting and legal sectors, to concentrate more on their work and to better understand how their time is being allocated.

The software makes an invaluable contribution to accounting, consulting and legal services, by transforming time into a strategic asset.

Based on artificial intelligence, the solution provides more than just hour tracking by unlocking a new degree of profitability and efficiency. It facilitates the generation of cleaner and more dependable billing data, which can help in streamlining operations and generating the insights necessary for smarter firm management.

Traditionally, timekeeping could be a difficulty in consulting, legal and accounting firms, but with Laurel, it becomes a central facilitator of profitability and well-being.

The tool is constructed to augment productivity and earnings without adding convoluted steps into workflows. Various features include 'TimeSmart Work Coding', 'Smart Work Assignment', 'Narrative Writer Pro' and 'Smart Work History'.

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Laurelv3.3

LaurelInitial

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Laurel v3.3

Nov 28, 2024

Ryan Alshak

wrote:

Smarter AI suggestions and compliance guidance while editing entries

New modal interface and centralized timer controls

Bulk management tools for time across multiple days

Real-time billing rules and embedded entry notes

Ryan Alshak

@ryanalshak

CEO, Laurel Using AI to track your time so eventually you won't have to

laurel.ai

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Joined: March 2024

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Pros and Cons

Pros

Eliminates tedious time tracking

Aids professionals focus on work

Strategic time utilization

Augments productivity

Increases earning efficiency

Doesn't add steps into workflows

TimeSmart work coding feature

Smart Work Assignment feature

Narrative Writer Pro

Smart Work History feature

Facilitates cleaner billing data

Caters specifically to legal sector

Enables smarter firm management

Stress-free timekeeping

Real-time insight generation

Accounting automation

Legal tech integration

Intelligent onboarding feature

Transforms time into asset

MyAdmin feature

Profession-specific timekeeping solution

Optimizes billable activities

Streamlines firm operations

Billing targets feature

Maximizes firm time efficiency

Advanced timekeeping system

Helps understand time utilization

Billing data dependability

Unlocks new levels of profitability

Time composer feature

Laurel Time Billing

Enhances realisation of revenue

Assists in smart work assignment

Efficient and effective time management

Ensures accuracy in billing

Strategic asset management

Completes tasks without manual intervention

View 32 more pros

Cons

Limited to legal/accounting sector

No explicit integration capability

Lack of customization options

Possibly intrusive time tracking

Possible steep learning curve

No offline support mentioned

No multi-language support mentioned

Limited interface customization

View 3 more cons

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Q&A

What is Laurel Automated Timekeeping Software?

Laurel Automated Timekeeping Software is an AI-powered tool aimed at easing time tracking for professionals, most notably in the legal sector. It lends significant value to accounting and legal services by refining time into a strategic resource. The software provides functions beyond simple hour tracking, opening new avenues for profitability and efficiency, and helps produce cleaner, more reliable billing data.

How does Laurel Automated Timekeeping Software benefit legal professionals?

Laurel offers a comprehensive solution for legal professionals to focus more on their work, less on time tracking. The software diligently manages their time, resulting in cleaner, more consistent billing data, and offers essential insights for smarter firm management. By overcoming the traditional hindrances of timekeeping in legal firms, Laurel affirms itself as a key facilitator of both profitability and well-being.

What are the main features of the Laurel tool?

Laurel encompasses various feature sets including 'TimeSmart Work Coding' which aids efficient time management, 'Smart Work Assignment' for optimized task allocation, 'Narrative Writer Pro' for better work narration, and 'Smart Work History' for accessing past work records systematically.

How can Laurel Automated Timekeeping Software increase profitability for a legal firm?

Laurel helps to increase profitability for a legal firm by systematically managing time as an important asset. Its AI-powered tools facilitate cleaner and more reliable billing data, optimize task assignments, and deliver tools for better work narratives. These features indirectly help in streamlining firm operations and generating data-driven insights for smarter firm management, thereby enhancing profitability.

How does the 'TimeSmart Work Coding' feature aid in time management?

'TimeSmart Work Coding' is a sophisticated feature of Laurel that simplifies time management. This tool codes and catalogues work hours and activities in a more efficient manner, thereby liberating the professionals from the burdens of traditional time tracking. This approach leaves more time for the professionals to focus on their core responsibilities.

What is Laurel's 'Smart Work Assignment' feature?

The 'Smart Work Assignment' feature in Laurel is designed to intelligently assign tasks based on various parameters. This tool helps in simplifying task allocation process and optimizes the workflow, ensuring that tasks are assigned to the best suited individual, maximizing productivity and efficiency.

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Can you explain the 'Narrative Writer Pro' feature on Laurel?

The 'Narrative Writer Pro' feature of Laurel transforms the way firms narrate and document their work. It simplifies the creation of comprehensive work narratives, thereby aiding in transparent documentation. It not only saves valuable time but also enhances the quality and consistency of work records.

What is the 'Smart Work History' feature on Laurel?

The 'Smart Work History' feature in Laurel offers an efficient way to access past work records. It systematically stores and organizes the work history in an easily retrievable format, ensuring a streamlined access to important data when required.

Does Laurel Automated Timekeeping Software require a lot of additional steps to the workflow?

No, Laurel has been designed to increase productivity and earnings without introducing complex steps into workflows. Its main aim is to optimize and streamline existing processes rather than complicating them.

How does Laurel's AI make timekeeping less tedious?

Laurel's AI-powered tools intelligently manage timekeeping by accurately capturing and organizing billable activities. By transforming the manual, tedious process of time tracking into an automated and efficient one, it reduces the burden on professionals and allows them to focus more on their work.

Does Laurel Automated Timekeeping Software work for services outside the legal sector?

While the website does mention that Laurel is particularly beneficial to those in the legal sector, it doesn't explicitly reveal if the software is applicable to services outside the legal sector.

What kind of insights can Laurel provide for firm management?

Laurel provides insights related to how time is being allocated throughout the organization, breaking down time spent per task, case, or client. It offers cleaner, more dependable billing data that can assist in streamlining operations and generating necessary data-driven insights to aid smarter firm management.

How does Laurel increase productivity?

Laurel boosts productivity by professionally managing time spent by lawyers on their work. By accurately tracking time, assigning tasks intelligently, simplifying work narratives, and providing efficient access to work history, Laurel allows professionals to focus on their core responsibilities, thereby improving productivity.

How does the software transform time into a strategic asset?

Laurel transforms time into a strategic asset by intelligently managing it with its AI-powered tools. It not only tracks hours but also helps in realizing a new level of efficiency and profitability. This approach of strategic time management ultimately enhances the overall productivity of the professionals and the organization.

In what ways does Laurel streamline operations?

Laurel streamlines operations by providing a suite of tools that automates time tracking, simplifies task assignment, augments work narration, and archives work history in a systematic manner. It also facilitates the production of cleaner, more reliable billing data, hence contributing to operational efficiency.

How reliable is the billing data generated by Laurel?

The billing data generated by Laurel is described as cleaner and more reliable. These features help in systematizing operations and form the basis for generating significant insights necessary for smart firm management, making it a dependable tool for firms.

How does Laurel affect the well-being of professionals?

Through automated timekeeping and reduced administrative tasks, Laurel offers professionals more time to focus on their core responsibilities. This improved work style directly ties into better mental well-being, as per the website's claim. Less time spent on tedious tasks like timekeeping positively impacts the overall work experience and professional well-being.

How does Laurel increase earnings for a legal firm?

By effectively managing and tracking time spent on core activities, Laurel makes every minute count and optimizes revenue generation. It ensures that time is treated as a significant asset, from which maximum value can be extracted. This direct focus on time management indirectly helps in skyrocketing earnings for legal firms.

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Laurelv3.3

Overview