How to Get Started with SpectoWise:

SpectoWise can offer a sample of our data analysis services to interested prospects using actual client data at a very low cost and within two weeks as a proof-of-concept.  By providing SpectoWise with a sample set of data of corporate, claims and/or financial data, we can apply our data analysis technology on the data to quickly show what’s possible using our next generation data analysis technologies.  

Sample data analysis reports can be provided in as little as 7-14 business days as a proof-of-concept.

The Three Phases of a SpectoWise Implementation:

• SpectoWise guarantees to deliver the first set of data analysis deliverables for a client within 30-45 days from the start of an engagement. 

• SpectoWise can make this guarantee as our data nalaysis services do not involve a complex or time-consuming technology implementation and we pride ourselves on our ease-of-deployment and ease-of-use engagement model.

Phase One – Baseline Needs Analysis

SpectoWise reviews data analaysis requirements with the client and listens to determine:

• What kinds of data analysis are currently available,
• What aspects of the existing data analysis the client is or is not satisfied with,
• What data analysis is desired but is missing or are incomplete,
• What data sources need to be tapped to support the desired level of analysis.

From there, SpectoWise aggregates associated yet disparate sources of corporate legal data, claims data and/or corporate financial or AP systems data to support the creation of baseline of data analysis reports, completely customized for each client.

This initial phase and its deliverables can be completed and provided with 30-45 days from the start of a formal SpectoWise engagement.

Phase Two – Ongoing Refinement and Enhancements

SpectoWise knows that data analysis requirements are not static.  parameters change and evolve as a company changes and evolves – be it from management’s continuing business process improvement efforts, business unit consolidations and/or mergers and acquisitions. 

SpectoWise’s SpectoView data analysis software is flexible and ensures that our client’s data analysis services and capabilities are proactive and reflect changes in business environment.  This approach assists corporate initiatives, rather than being reactive and simply providing historical insights on dated information and past performance.

SpectoWise is comprised of highly experienced and knowledgeable professionals who maintain constant communication with each client.  This level of communication ensures that changes to data analysis requests are managed on a very timely basis.  As such, SpectoWise reports accurately reflect a client’s changing business landscape at all times.

SpectoWise works with the client during this phase to establish non-intrusive and fully secured data connections to automate disparate data aggregation. 

Each client gets their own dedicated server for data aggregation and reporting purposes installed behind their own secure network firewalls. 

There is no additional charge for this dedicated hardware installation.

Phase Three – Complete SpectoWise Installation & Ongoing Subscription Services

SpectoWise is comprised of experienced former corporate legal executives and technologists who understand the importance of staying current with new trends in technology. 

A SpectoWise data analysis services are based on complex state-of-the-art business intelligence software and will never require a large upgrade charge after just a few years of use.

All product enhancements, technology upgrades, custom analysis services and data import and export feeds are included in the subscription price and annual technology platform maintenance fee.

A complete SpectoWise installation can be completed in a period of a few weeks and includes:

• A dedicated server installed at the client’s location which connects to and aggregates a client’s existing data sources in a non-intrusive manner.  This dedicated server serves as the client’s primary data analysis engine to avoid the performance problems and security issues often associated with ASP-based solution providers running over the Internet.
• A secured and encrypted connection to SpectoWise’s proprietary data analysis and business analytics engine to associate each client’s data with related external data sources (i.e. law firm information.)  This serves as a powerful and flexible platform for a client’s customized data analysis requirements.
• Regular consultative discussions and advisory services from SpectoWise’s Professional Services personnel.
• As many customized data analyses as desired by the client, delivered proactively on a subscription model basis.

SpectoWise Pricing:

SpectoWise executives have been buyers as well as providers of complex technology solutions over the course of their careers. 

SpectoWise pricing is designed to eliminate all of the complexity, open hourly billing and hidden charges typical with most legal technology implementations.

Installing SpectoWise does not require a lengthy and costly implementation. 

Clients can be up and running on the basic SpectoWise data analysis system in a matter of days or weeks.  To get started, SpectoWise simply requires a subset of the client’s existing data and an understanding of the types of kind of data analysis desired.

SpectoWise systems are purposely designed to easily link to a client’s many varied data sources.  SpectoWise personnel are experts in establishing these connections quickly, effectively and without disrupting any existing system, operation or process.

SpectoWise’s pricing model is simple with absolutely no hidden costs or charges.

1.  Initial System Setup and Start Up Fee:

There is a one-time set up fee of between $25,000-$75,000, based on the deployment model desired . 

This pays for the initial set-up of SpectoWise’s analysis software, the required software licenses and the setup of a powerful and dedicated data analysis server. 

No other SpectoWise client is installed on or allowed to access this server.  This ensures the security, confidentiality, database integrity and performance of each client’s own SpectoView data analysis software. 

Each SpectoWise client gets their own dedicated & secured data analysis server.

2.  Retention and Annual Service Fee:

There is an annual hardware and software maintenance and upgrade fee of $25,000.

The annual renewal fee is used by SpectoWise to upgrade each client’s data analysis server at least once a year. 

SpectoWise clients never run dated hardware or software technologies.

3.  Quarterly Subscription Based Pricing:

SpectoWise is priced on a quarterly subscription bases. 

SpectoWise clients have access to common and standard data analysis reports on a 24/7 basis via a secured web interface. 

SpectoWise quickly generates highly customized data analysis reports for each unique client in a proactive manner. 

There is no limit to the number of custom data analysis reports or “per report” charge. 

Quarterly pricing is based solely on the complexity and volume of the custom data analysis reports requested. 

An individual client’s quarterly subscription fee will range between $25,000 to $75,000 per quarter, depending solely on the complexity and level of customization required.    

This pricing is all-inclusive and includes:

• The Generation of a Highly Customized Client Specific Data Cube and Data Analysis Server
• All Pre-Determined Standard and Common Data Analysis Reports
• Quarterly Consultative and Advisory Meetings
• End User Help Desk Support
• The Establishment of Secured and Encrypted Data Connections
• All Data Analysis Platform Hardware and Software
• All Maintenance and Troubleshooting
• Secure data storage in a Sarbanes-Oxley and HIPAA compliant manner.

There are No Additional Hidden Fees or Charges

SpectoWise can provide a complete enterprise-level data analysis and advisory services solution for less than the cost of hiring a single attorney, claims handler or actuary!

Have other questions? Want to learn more? Why not get in touch.