BigHand Business Intelligence (BI) allows your teams to grow your profit margin, improve cash flow and save crucial finance team time by helping them surface and analyze accurate financial data. With this insight, they can pinpoint and focus on high-profit activities, spot issues that could result in lower collections and provide cost transparency to grow client relationships.
Our calculator looks at just four of many ways that BigHand BI can drive value for you. Each calculation is based on real-life data and insights collected from over 30+ years of working with law firms.
Give your lawyers easy-to-understand data on client profitability, collections and billing behaviors, helping them to focus more of the right work, that brings in real value and contributes to higher profits for your firm.
Surface metrics like missed time entry and gaps between time worked and time billed, to prevent unforeseen costs and identify issues before they result in write-offs. Get accurate data on billings and aging invoices, so you know when to chase payments.
Give teams the required level of visibility over WIP, aged AR billing bottlenecks, and delays in time entry. Using this data, they can accelerate billing, chase overdue invoices faster, and prioritize collections on high-risk and high-value accounts.
Fast, fully automated reporting on every financial metric your finance team need to measure. Users can create customized dashboards easily to get to the data they need quickly – freeing up more time to focus on profit-driving activities.
