KLDiscovery Expands Metrics Available in Client Portal to Offer Additional Insights

Rhea-AI Summary

KLDiscovery has launched new features in its Client Portal, enhancing transparency into project activities and financials. The updates include real-time budget performance tracking, allowing users to assess financial spending quickly. Customization options enable users to view aggregate invoicing and financial metrics by various entities, including law firms and clients. New graphs provide insights on hosted production image count, total hosted size, processed document count, and produced redacted document count. This improvement aims to meet the evolving needs of legal teams for greater visibility into matter-specific and aggregated data.

Positive

• New features in Client Portal enhance transparency and financial insights.
• Real-time budget tracking improves decision-making capabilities for users.
• Customization options allow for tailored views of financial metrics.

Negative

• None.

Client Portal’s newest functionality is designed to provide even greater transparency into project activity and financials, enabling users to make informed decisions and gain efficiencies.

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- KLDiscovery Inc. (“KLDiscovery” or the “Company”), a leading provider of global data management, information governance, eDiscovery, and advisory services solutions, is pleased to announce new features available in Client Portal, the Company’s proprietary data visualization tool that supplies users with vital business intelligence in seconds.

Solution enhancements available in this software release include the first of several planned features to aid users in tracking real-time budget performance and assessing financial spend at-a-glance. Additional customization options now allow users to view aggregate invoicing as well as other financial metrics grouped by entity, such as law firm, client, and insurance provider. These features provide industry-leading flexibility and on-demand access to key analytics, empowering users to gain more comprehensive financial insights.

New graphs available in Client Portal include:

• Hosted production image count
• Total hosted size (GB)
• Processed document count by custodian
• Processed size (GB) by custodian
• Produced redacted document count

“KLDiscovery continues to enhance Client Portal’s flexibility and customization capabilities to meet our clients’ evolving needs,” said Danny Zambito, Chief Operating Officer. “As the demands on legal teams grow, the need for visibility into not only matter-specific data, but aggregated data across portfolios grows, too. Client Portal meets those needs providing key business intelligence and analytics in seconds from anywhere.”

To learn more about Client Portal, including detailed information on the financial metrics and case information available in the solution, visit the Company’s website.

About KLDiscovery

KLDiscovery provides technology-enabled services and software to help law firms, corporations, and government agencies solve complex data challenges. With 25 locations across 16 countries, KLDiscovery is a global leader in delivering best-in-class data management, information governance, and eDiscovery solutions to support the litigation, regulatory compliance, and internal investigation needs of clients. Serving organizations for over 30 years, KLDiscovery offers data collection and forensic investigation, early case assessment, data processing, application software and data hosting for web-based document reviews, and managed document review services. In addition, through its global Ontrack data management business, KLDiscovery delivers world-class data recovery, disaster recovery, email extraction and restoration, data destruction, and tape management. KLDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte's Technology Fast 500), and CEO Chris Weiler was a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, KLDiscovery is a Relativity Certified Partner and maintains ISO/IEC 27001 Certified data centers around the world. Visit www.kldiscovery.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230207005242/en/

Krystina Jones

888.811.3789

krystina.jones@kldiscovery.com

Source: KLDiscovery Inc.

FAQ

What new features were launched by KLDiscovery for the Client Portal?

KLDiscovery introduced new features including real-time budget performance tracking and enhanced customization options for viewing financial metrics.

How does the new Client Portal benefit KLDiscovery users?

The new Client Portal enables users to gain comprehensive financial insights and track budget performance efficiently.

What types of data can be viewed in KLDiscovery's Client Portal?

Users can view hosted production image counts, total hosted size, processed document counts, and aggregate invoicing among other financial metrics.

What is KLDiscovery's stock symbol?

KLDiscovery trades under the stock symbol 'KLDI'.

Where is KLDiscovery based?

KLDiscovery is based in Eden Prairie, Minnesota.