ImageFast News

March 2006: Standard Chartered Bank Choose Activity Tracker for Managing Lawyers Time and Billings

Leading Information Management specialist ImageFast Ltd has today reported that Standard Chartered Bank have agreed to use their Activity Tracker software, a highly intuitive time and activity recording system designed to help lawyers, accountants and consultants log time as they work to help with accurate tracking of client time and billing.

Activity Tracker allows employees or consultants to record time and activity in a matter of seconds, and easily switch from one client to another by using a simple pop-up window accessed from their computer’s desktop toolbar.

Alternatively, the product can be configured to work with barcode technology which gives the user the control to allocate activity to a client with one swipe of a handheld scanner. Barcodes detailing a client or project can be printed from any standard printer and attached to client files, with this technology also providing the option for employees to carry handheld scanners away from the office to ensure every second of billable time is recorded. When the fee earner returns to the office, the scanner is placed into its cradle – or connected via an infrared link – and information is automatically uploaded to Activity Tracker.

Riccardo Emanuele, Managing Director at ImageFast, explained: “We deal with many companies both large and small, and managers or senior partners at many of them are frustrated with the amount of time spent by their employees on calculating client billings. Activity Tracker is designed to make that process much less complicated. Senior management retain the ability to have overall control and we have ensured that the flexibility of the product makes it suitable for organisations in many sectors, enabling them to tailor it to meet their requirements. The solution will enable Standard Chartered Bank to streamline their time reporting activities helping to reduce the time spent by individual’s recording their time spent on tasks and allowing quicker management reporting”

Standard Chartered Bank intend to use the software for their Wholesale banking legal group, the system will initially be used in the UK with plans to roll it out across all worldwide centres in early 2007.