Introducing Elite 3E

THOMSON REUTERS \| LEGAL SOLUTIONS \| THOMSON ELITE INTERNATIONAL \| THOMSON ELITE CANADA

Today's leading law firms and professional services firms are continually striving to maintain and improve their leadership position in an increasingly global and competitive environment. Elite 3E enhances your firm's core competency in financial strategy and management.

3E Whitepaper
Reporting & Analysis
Learn how 3E enables users to to easily extract information, develop metrics and analyze critical business information.

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3E is not the traditional financial management system you use now, where transactions are the central focus. It is much more. Designed with powerful built-in business metrics, analytics and reporting tools, it helps track operational activities on a multi-office, global scale. And you can trust the data quality because it lives in one unified system, which ensures reliability.

Embedded collaboration and business process automation throughout the system allow you to define business rules and policies that are followed consistently across the firm. Users can quickly respond to work requests and collaborate with one another.

3E streamlines operations and reporting for multinational firms as well as national firms by including full support for multiple office locations, complex company hierarchies, multiple languages and currencies and international statutory compliance.

An investment in next-generation technology is a competitive necessity. Using the 3E integrated development environment, your IT department can personalize the software so it accurately reflects how your firm does business – without time consuming workarounds. 3E also fully leverages all the infrastructure investments you have made. The advanced integration architecture allows 3E to work in conjunction with any existing applications or new solutions you may require in the future.

Every month is a new beginning that brings a fresh chance to measure firm performance against targeted objectives and identify areas that require improvement. This opportunity often arrives in the form of a stack of paper reports or perhaps an email with report links which you dutifully print out. The reports remain top of mind for several days during which time you briefly glance through them in between dealing with other more pressing issues. You resolve to get to them in more depth later on and move the reports aside until you have time to analyze them further or until a new set of reports arrives. Some months are less hectic than others, but analyzing and identifying performance gaps is rarely simple and painless.

Using 3E, you can easily obtain the valuable information you require without wading through a sea of data. Built-in metrics and analytics deliver instant access to everything you need to know about your firm’s performance at both macro and micro levels. For example, if you wanted to view month-end A/R balances by matter for all offices simply launch the A/R Aging Metric and drag down the office dimension from the metric toolbar. To investigate an unusually high balance in one of your offices, you can drag down additional dimensions on either the horizontal and vertical axes of the Metric Viewer to display detailed statistics by practice group, department, responsible timekeeper, etc. All information is cached so that the data is immediately available as you move around on screen. By continuing to slice and dice data in this manner, you can quickly pinpoint the root cause of any performance gaps and identify strategies to correct them.