Elite 3E Financial Reporting and Elite 3E Budgeting and Forecasting
Offer Strong Financial and Performance Management Capabilities
Elite has introduced two additions to its flagship Elite® 3E financial and practice management software platform, now offering reporting and budgeting solutions developed by Clarity Systems as part of the Elite 3E platform.
3E Financial Reporting consolidates data from multiple operating units, supports multi-currency and complex company structures, produces financial statements with complete drill-down capabilities and provides report bursting features. 3E Budgeting and Forecasting manages firm budgeting and planning to ensure accuracy, completeness and timeliness of the overall process. Both solutions provide seamless integration with 3E, Microsoft .NET architecture for Web access and support of international requirements.
“We've enjoyed a valuable relationship with Clarity Systems, and we are proud to put our name on these two additions to 3E,” said Dan Tacone, senior vice president, Elite. “Clarity developed the software to meet the specific needs of our clients.”
3E is the first specifically developed for the legal and professional industries to consolidate results quickly and accurately while complying with international accounting and regulatory standards. Standard reports and drill-down capabilities are available for use right away. The application also leverages users' existing Microsoft Excel investment and knowledge for easy report development or customization. 3E Financial Reporting can convert financial data from multiple currencies to a single currency to better understand financial results from global operations. It also models complicated company structures and alternate hierarchies.
3E Budgeting and Forecasting contains a full set of budgeting drivers and calculation sets designed specifically for the legal market. Advanced business rules and modeling capabilities allow quick changes to assumptions or projections to calculate the financial impact. Users can create multiple versions, rolling forecasts and spreading patterns.
3E Financial Reporting will be available with the 2.5 release of 3E, currently planned for first quarter 2009.
3E Budgeting and Forecasting is available now on 3E version 2.4.