The Big Benefits
- Legal Project Management (LPM)
BudgetManager© is an effective business tool for streamlining the creation of matter budgets, tracking budget to actuals (fees and disbursements), profitability, alerts, data warehousing time history, predictive coding, and managing projects. BudgetManager© is fully integrated with Aderant and Elite (Enterprise and 3E).
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Steere BudgetManager streamlines the creation of matter budgets, tracking budget to actuals (fees and disbursements), profitability, alerts, data warehousing time history, predictive coding, and managing projects. BudgetManager© is fully integrated with Aderant and Elite (Enterprise and 3E).
Iridium Technology announces its merger with Data Fusion Technologies, Inc. (DFTech). The Iridium BI product offerings are extended to include the Intellistat line of business analytics tools as well as the Steere family of law firm business technologies.
“Law firms are under pressure to improve pricing, profitability and service delivery. This combination enables both companies to continue at the forefront of innovation for firms looking to leverage data and analytics to drive better decision making and improved performance,” says Tom Jones, Chief Executive Officer of Iridium Technology. “Adding the Intellistat and Steere product lines puts Iridium in the position of having the broadest BI and financial analytics product footprint of any business partner to the legal industry.”
Iridium Technology announces record-breaking Q1 results. As law firms continue to embrace digital transformation, more firm leaders are turning to Iridium for targeted solutions to improve firm profitability and processes.
The company also announces new product releases for all four product families and hired five additional consulting/development resources to keep up with the increasing demand for Iridium products.
The complementary products mean law firms now have powerful insight into their financial management and operational management, alongside resource optimization and business development.
BigHand now has over 350 employees, 3,600 clients and 810,000 users worldwide. We support 82% of UK Top 200 firms and 81% of AmLaw 200 firms, and pride ourselves on meeting client needs, demonstrated in our customer satisfaction score of 98%, and NPS score of +83.
Simple to complex budgets. Budget with or without phases and tasks. Alternative fee arrangements, versioning, budget-to-actuals, templates, Gantt charts, milestones, and alerts are some key BudgetManager© features.
Scenarios are a series of quick questions a user answers when creating a budget. Scenarios can calculate a budget and capture data that can be later mined for information. It allows the firm to refine the budget with minimal input from the attorneys.
Create and monitor milestones to be completed for a budget. Each milestone may be assigned to an individual with a deadline date. A status may be assigned along with a % complete based on hours or % of task, begin date, and completion date.
BudgetManager© has a diverse variety of standard budget to actuals reports. The 19 standard reports are built-in SSRS and can be customized by, or for, the firm. Some of the reports are Dashboard, Attorney, Client Status, Allocations, Attorney, Gantt, Compare Budgets, Line Chart, etc.
Allocations show where you are against the budget to-date, not just the full budget. Budget across periods of time to determine when various tasks might be billed. Periods may be weeks, months, quarters, semiannually, annually, or life-to-date.
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