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.
October 3, 2016
Thomson Reuters Elite, part of Thomson Reuters Legal, announced to a record number of delegates at the 2016 VANTAGE London conference that the adoption of Elite solutions continues to accelerate in the UK and across EMEA.
The figures, announced to the more than 350 attendees at this year’s event held at the Park Plaza Westminster Bridge Hotel, demonstrate clear momentum in the number of firms choosing market-leading enterprise and financial management offering 3E®—an integral part of the Elite Enterprise Business Management Solution—as their platform for the future. Forty-four firms across EMEA have selected 3E to run their businesses, joining a total of 176 firms worldwide which have done so to date. Six UK and EMEA-based firms have gone live on the system since May alone, and a total of 9 firms are scheduled to do so in the next 12 months. Worldwide, 31 firms are expected to go live in the next year.
A number of firms which have selected 3E are transitioning from the Elite Enterprise® offering, with more than 34% of global 3E customers migrating from Enterprise. In addition, three-fifths of UK 100 and nearly two-fifths of UK 200 firms now utilize at least one Enterprise Business Management Solution from Elite.
Aside from the success of 3E, a number of other offerings from Elite also continue to advance in the marketplace, including MatterSphere® and eBillingHub®. Three EMEA firms have gone live on MatterSphere, the market-leading case and matter management offering since May, with another seven scheduled to do so in the next year. In addition, more than $250 billion has now been invoiced worldwide by firms using eBillingHub since 2008, resulting in an average time reduction of about 14 days for invoice payments.
“The uptake of 3E implementations, along with the successes of MatterSphere and eBillingHub, has been exceptional within EMEA,” said Eric Ruud, managing director of Elite. “The record numbers we have seen at this year’s VANTAGE London, coupled with the momentum which has clearly been achieved across the region, demonstrates that more and more firms are realizing that our suite of enterprise solutions is the right platform for their business.”
This year’s forum in London was the latest in the company’s VANTAGE series, a global event program designed to offer clients across the regions a unique opportunity to gather new insights, share best practices, and network among peers.