For many larger firms, prior period adjustments represent a significant hurdle to accurate reporting of month-end statistics. Simply put, Elite has no mechanism allowing firms to recreate exactly what the state of the Elite tables were at any month-end. Currently, firms needing to accurately go back in time must resort to costly extra servers, backup and restore procedures that are difficult to maintain and execute without the aid of professional IT staff.

IntelliStat has been designed to 'snapshot' month-end information for accurate month-to-month comparisons. But even with IntelliStat, there are times when a previous month must be 'rolled back' and reconstructed. When the reconstruction is performed on the 'current' Elite database, the numbers in the IntelliStat warehouse can vary from the numbers originally calculated due to prior period adjustments.

The Vault was created to solve this problem. With the Vault, the entire set of Elite tables can be archived and saved in compressed form. A browser-based vault console allows an administrator to archive and restore Elite generations on the IntelliStat server so prior IntelliStat periods can be reconstructed from the Elite tables exactly as they were when the original period was built. Both 'off-line' and 'on-line' archive generations can be saved. When the archive is 'on-line', switching back and forth between prior month-end generations is virtually instantaneous.

Benefits

• Accurate reconstruction of prior period statistics
• Key Elite month-ends can be kept 'on-line' for fast retrieval and analysis
• The archived tables could be used as an emergency backup in the event of a catastrophic production system failure

Return on Investment

• Expensive custom report programming to reconstruct history is eliminated (this is a flawed strategy to begin with, since it is impossible with the standard Elite architecture)
• Expensive and tedious IT backup and restore procedures are eliminated
• One archive restore to get the data back in the event of a catastrophic production system failure would pay for the module many times over

"We do our statistical reporting on productivity, billing and collections differently than Elite. IntelliStat gave us the flexibility to view and report on our data the way we need to see it."
  Morrison & Foerster LLP
  #19 on the AmLaw 200