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Leading Law Firms Turning to ADERANT for Business Planning, Profitability Analysis, and Performance Management Atlanta, GA – June 13, 2007 – ADERANT, a global provider of business and financial management software for professional services organizations, today announced that more than 100 laws firms around the world are using ADERANT Expert’s business intelligence applications. Expert Executive Office helps law firms maximize profitability by accurately defining business objectives, aligning actions with strategy, measuring progress, and analyzing performance. It provides firm leaders with greater visibility and insight into their business so they can make informed decisions to maximize profitability. |
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"Having more than 100 top law firms using Expert Executive Office is a significant milestone for us to reach," said Michael Kohlsdorf, President and Chief Executive Officer for ADERANT. "The widespread adoption of these products demonstrates that business intelligence has become an essential investment that successful firms must make. Law firm leaders are increasingly relying on these solutions to help them understand their operations, make informed decisions, and maximize profitability." |
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A prime example of how leading law firms have implemented ADERANT’s business intelligence solutions to realize significant benefits is Clayton Utz. The third largest firm in Australia recently implemented ADERANT’s business planning application, Expert Budgeting. Stated Neil Shoebridge, Senior Business Analyst, Practice Management Systems for Clayton Utz, "Its ability to develop budgets in a collaborative environment, instantly consolidate revisions, and easily compare different versions helped us to reduce our budget development cycle from more than eight weeks to just five weeks. This was a huge gain in productivity for us as our financial analysts could actually spend time analyzing the budget rather than consolidating spreadsheets." |
ADERANT’s business intelligence solutions are used by leading law firms, including 26 of the AmLaw 100, to streamline their budgeting processes, analyze their profitability in detail, and manage their performance.
Open and Easily Integrated
A key element to Expert Executive Office’s success is its openness and ability to integrate with other applications. The solutions have proven integrations with popular third-party Human Resources and Payroll applications. Additionally, they work seamlessly with a wide range of legal practice management systems. In fact, nearly twenty percent of all Expert Executive Office clients use a non-ADERANT practice management system.
Comprehensive Functionality
ADERANT’s business intelligence solution suite provides firms with comprehensive functionality for business planning, profitability, business intelligence, and performance management. It consists of several integrated applications, including:
Expert Budgeting: shortens a firm’s annual budgeting process by up to 70 percent by automating and streamlining the business planning cycle.
Expert Profitability: analyzes a firm’s profitability down to the most detailed level of timekeeper plus matter and provides executives with comprehensive reporting on profitability by firm, office, department, profit center, client, matter, partner, timekeeper, and more.
Expert Analytics Foundation: improves the understanding of any aspect of a firm’s operations with a unified data warehouse and pre-defined OLAP cubes.
Expert Performance Dashboard: aligns employee’s day-to-day actions with established business objectives by providing them with an intuitive Microsoft SharePoint-based interface to measure their performance against the plan.
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About ADERANT
ADERANT, headquartered in Atlanta , GA , is a leading provider of software for services organizations. The global software company offers a comprehensive suite of solutions, consisting of financial, resource and practice management software that enables services organizations of all sizes to maximize operational efficiencies. The international company provides solutions to the world’s largest and most prominent service organizations – including American Express, Deloitte Consulting, KPMG LLP, Skadden Arps and Winston & Strawn. ADERANT also has offices in Asia Pacific and Europe .
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