Integration of xcelerate among top Am Law firms proves it is the top choice for budgeting and forecasting

September 7, 2016

Thomson Reuters Elite, part of Thomson Reuters Legal, announced that the momentum of 3E® and Enterprise™ firms adopting xcelerate Budgeting and Forecasting remains robust in 2016. A record number of clients have now implemented xcelerate, with more firms adopting it in the first half of 2016 than in all of 2015.  xcelerate is the only Microsoft® Excel® and Web-based budgeting and forecasting application built specifically for legal and professional services, with certified standard integration into 3E and Enterprise financial and practice management systems.

“We are excited by the record pace of xcelerate adoptions in existing 3E and Enterprise clients from the beginning of 2016, said Bill Burch, vice president of Sales at Elite. “With 130% increase in demand for xcelerate from the first quarter of 2015 to the first quarter of 2016, that momentum shows no sign of slowing down, making xcelerate the chosen solution for boosting efficiency in financial performance management by top Am Law firms and other industry-leading organizations.”

xcelerate helps users in more than 12 countries protect their profits with real-time insights into their firms’ revenue and expense budgets, forecasts, and other key targets. Nearly half of the clients that rely on xcelerate to review their productivity and profitability are top global firms, and more than half rank in the Am Law 200.

xcelerate Budgeting and Forecasting is a Web- and Microsoft Excel-based solution for budgeting and forecasting of operating expenses, fee earner revenue, fee earner compensation, and capital expenditures. xcelerate is integrated into 3E and Enterprise and quickly plugs into human resources and payroll systems to push global assumptions from a firm-wide level down to the individual fee earners. Visit xcelerate for more information.

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.