Clients Benefit from Several Key Enhancements to Financial and Reporting Capabilities

LOS ANGELES, August 11, 2014 – Thomson Reuters Elite, part of the Legal business of Thomson Reuters, today announced the launch of Envision 2014.1, strategically designed to better equip clients with real-time access to key performance metrics. The enhanced functionality of the latest version of the leading business management offering is optimally designed for mid-market firms. With Envision 2014.1, clients can more accurately and efficiently measure performance, manage profitability, and make crucial business decisions.

The new Key Performance Indicator dashboard in Envision 2014.1 displays up-to-the-moment metrics configured by a library of various measures, which can be configured to show data for the individual department, user, or detail. These customizations make it easy for firms to drill down to details and create the charts and graphs they value most in just a few clicks, giving high level performance metrics and enabling management to instantly assess the health of a firm. Through the new retrospective reporting function, Envision 2014.1 users can also run reports comprised of additional criteria, including matter trial balance, aged debt, and funds listing by source and matter.

In addition to making business intelligence more accessible to lawyers than ever before, the new foreign currency billing functionality in Envision 2014.1 makes rendering bills and processing payments in other currencies hassle-free.

“As one of the most comprehensive, firm-wide business tools available, it is critical that Envision continually evolves to meet the changing requirements of its clients,” said Elisabet Hardy, vice president of Product Management for Thomson Reuters Elite. “The new functionality of Envision 2014.1 has been designed to help mid-market firms optimize their reporting, financial, and implementation processes, while relying on the same single, all-inclusive solution.”

Envision is one of the most comprehensive business management solutions available for mid-market law firms and includes practice, financial, matter, case, document, and client relationship management solutions. For more information, contact your sales representative or visit Envision.

Elite is the leading global provider of an end-to-end enterprise business management solution, which 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. For more information, visit Elite.