Thomson Reuters Elite, part of the Legal business of Thomson Reuters, today announced a new Implementation partnership with OLAP Solutions Inc., which offers business systems intelligence consulting for budgeting, forecasting, and financial applications.
The partnership will benefit Elite clients who leverage 3E® Budgeting and Forecasting, ProLaw® Budgeting and Forecasting, and ProLaw Financial Reporting solutions, the only web-based budgeting and forecasting applications built specifically for the legal and professional services industry.
OLAP Solutions has an extensive base of experienced solutions consultants who boast an average of more than ten years’ experience in enhancing and improving system performance, as well as recognized OLAP Solutions experts who will be available for projects, migrations, and other services. By taking advantage of this expertise, 3E and ProLaw clients will be able to capitalize on a number of key benefits, including rapid installations—reducing the implementation and training time by up to 50% compared to other products—and exceptionally quick time to value. These benefits enable clients to see an immediate return on their investment by giving real-time insight into profits, protecting firms by showing if they are on-budget.
3E Budgeting and Forecasting, ProLaw Financial Reporting, and ProLaw Budgeting and Forecasting are web- and Microsoft® Excel®-based solutions for the budgeting and forecasting of operating expenses, fee earner revenue, employee compensation, and capital expenditures. Budgeting and Forecasting and Financial Reporting integrate with 3E, Enterprise®, and ProLaw and quickly plug into human resources and payroll systems to push global assumptions from a firm-wide level down to the individual fee earners and employees. Dashboards provide a single view into firm performance with drill-down capabilities and real-time alerts to help protect profits and plan with greater confidence. For more information, visit 3E Budgeting and Forecasting and ProLaw Financial Reporting and ProLaw Budgeting and Forecasting.
Thomson Reuters Elite offers an end-to-end enterprise business management solution that allows law firms and professional services organizations to run all operational aspects of their firms including business development, risk management, client and matter management, and financial management. Our next-generation technology connects people, tasks, workflows, and business processes and is tailored to help firms and organizations meet organizational requirements and strategic goals.
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