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Equitrac Print Tracking 4 Helps Legal Firms Discover and Recover Document Costs; Solution Leverages Existing Investment to Track Local and Networked Prints, Effectively Managing Devices and Workflow.


PHILADELPHIA -- Equitrac Corporation, the most trusted name in cost recovery solutions for the legal market, today introduced Equitrac Print Tracking 4, a critical component of a comprehensive Equitrac solution suite enabling users to increase cost recovery rates and hold down costs of document output, in color or black-and-white, from any device in the legal workplace.

Unveiled at the "AIIM (Association for Information and Image Management International, Silver Spring, MD, www.aiim.org) A membership organization founded in 1943 devoted to creating industry standards and disseminating information about the document management industry.  On Demand" Conference and Exposition at the Pennsylvania Convention Center The Pennsylvania Convention Center is a multi-use public facility in Philadelphia, Pennsylvania which is designed to accommodate conventions, exhibitions, conferences and other events.  in Philadelphia, Equitrac Print Tracking 4 enables new and existing Equitrac customers to quickly and accurately discover and recover costs of digital document output from any standalone desktop printer or networked digital multifunction device anywhere in the legal firm.

In an era of sharply rising document output costs and increased migration from copying to digital document printing, Equitrac Print Tracking 4 helps law offices to improve document cost recovery rates and convert document output costs into increased revenue streams. With a growing number of firms charging for print tracking, Equitrac Print Tracking 4 provides the automated tools for application of matter centric billing policies in order to help maximize document cost recovery.

Further enhancing cost efficiencies in the legal workplace, Equitrac Print Tracking 4 helps to drive down document production costs by providing management tools to control workflow and more effectively manage device utilization. Equitrac Print Tracking 4 also can remove barriers to the use of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed.

See also: Color
 in document output by providing device management reporting capabilities that allow responsible and cost-effective use of color by law office staff and attorneys.

"The typical AMLAW 200 firm loses more than $1.5 million per year in unrecovered costs, because three out of four law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 that recover for copier costs aren't doing the same with their digital document output costs," said Michael Rich Michael Rich may refer to:
  • Michael Rich (cyclist) (born 1969), German professional road bicycle racer
  • Michael D. Rich, executive vice president of the RAND Corporation
, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Equitrac Corporation. "Equitrac Print Tracking lets law offices improve their document cost recovery by capturing and reporting print output costs in ways not possible before."

Equitrac Print Tracking 4 also helps law firms cope with the complexities of compliance with the privacy needs of their clients, including the impact of regulatory frameworks. By routing print jobs through a secure server for authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 before being released at the printer, Equitrac Print Tracking 4 provides a secure and reliable means of meeting the requirements of both clients and regulatory agencies regulatory agency

Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S.
.

"To protect privileged and confidential client information, law office staff can avoid the 25-yard dash to the printer, knowing that Equitrac Print Tracking 4 helps keep client confidentiality The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 intact," Mr. Rich said.

Available in June 2005, demonstrations and more information on Equitrac Print Tracking 4 can be seen by professional and legal office administrators and managers at the Equitrac booth #1356, at the "AIIM On Demand" Conference and Exposition, May 17-21, Pennsylvania Convention Center, Philadelphia, PA.

About Equitrac

Equitrac is the world leader and most trusted name in print tracking and document cost recovery solutions. Building the bottom line of legal and other professional firms since its founding in 1977, Equitrac today serves more than 70% of the AMLAW 200 and remains the continuing source of new solutions for the rapidly emerging digital work environment. Equitrac's solutions are supported by preferred partnerships A preferred partner agreement normally refers to an agreement between a vendor (service provider) and those who are allowed to on-sell its products. In line with this agreement there are normally some prerequisites that the partner must meet to become a preferred partner.  with every equipment manufacturer and backed by state-of-the-art service and support, enabling more than 10,000 organizations worldwide to recover costs, reduce waste, increase returns and get maximum efficiency out of every printer, copier and multifunction device. For more information visit http://www.equitrac.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 17, 2005
Words:566
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