CLN Marketing Ltd
LINCOLNSHIRE LAWYERS IMPLEMENT SOS BUSINESS INTELLIGENCE AND GAIN BETTER BUSINESS INSIGHT
Winnersh, England, 23rd May, 2006 - IntelligentApps, a division of Sage and worldwide provider of Business Performance Management (BPM) software, is applauding the news that its law-based partner, Solicitors Own Software (SOS), has delivered SOS Business Intelligence at Martin & Haigh Solicitors to universal acclaim. By combining the additional performance indicators and analytical features of IntelligentApps with the SOS Practice Management software, SOS Business Intelligence supports the entire legal practice. The implementation at Martin & Haigh is just one of several completed by SOS since announcing its partnership with IntelligentApps last summer.
The five partners at the long-established law firm in North Lincolnshire, who are supported by 12 fee earners and 21 support staff, used to wait for their monthly reports before they could gauge how the business was performing. Today they have instant access to key performance indicators whenever they want - thanks to the dynamic SOS Business Intelligence system.
The system uses powerful online analytical processing (OLAP) to provide the firm partners with the real-time information they need to make better business decisions. SOS Business Intelligence creates a multi-dimensional cube of data, which is continuously updated and can be interrogated by Microsoft Excel users to obtain information that is instantly available.
The software highlights the key performance indicators – such as time recorded, fees billed, and debtor days – that are vital to a solicitors’ practice. Firms can plan, budget, forecast and generate financial reports using almost any permutation in the data cube, representing different combinations of many dimensions, from branches, fee earners and departments to clients, matters and matter types.
This instant access to snapshots of key data on demand enables the partners at Martin & Haigh to monitor and predict business performance at a speed that matches actual business change.
Finance partner, Mark Cartledge, said the firm had enjoyed numerous benefits as a result of SOS Business Intelligence. “It used to take several hours each month to prepare our monthly matter management and financial reports,” he said.
“Thanks to SOS Business Intelligence the information we need is now instantly available at the press of a button. It gives us access to the real-time information we need to plan ahead, rather than having to wait until the end of the month.
“One of the other great benefits of this system is that we can prepare reports with a level of detail appropriate to the user. Most partners don’t want to wade through reams of information so now we can customise reports to give them the information they require.”
Users can, however, rapidly drill into the data in greater detail, to analyse both the good and the poor figures, determining which departments, branches, matter types or clients are the principal contributors.
Mr Cartledge added that the system had also improved cost centre analysis, enabling departments to see how they are performing against targets on a daily basis, rather than every six months as was the case previously. “SOS Business Intelligence is helping to transform the way we run and plan our business, making us more proactive and less reactive,” he said.
SOS managing director, Michael Platt, said, “It’s vital that firms like Martin & Haigh know how their business is really performing and which areas are achieving most. SOS Business Intelligence helps them do this by unlocking the data in our SOS Practice Manager software, revealing past and present business performance and helping firms predict their future results.”
General Manager of IntelligentApps and Sage Business Intelligence Division, Simon Black, congratulated both teams saying, “The true strength of the SOS Business Intelligence system lies in its ability to equip law firms with the tools to interrogate business performance in real time, the benefits of which are being reaped by the partners at Martin & Haigh. The IntelligentApps technology has been seamlessly incorporated into the SOS product so that firms using the SOS Practice Management software can now benefit from our powerful performance indicators and additional analytical features.”
Notes to editors:
About Solicitors Own Software
Bath-based SOS was formed in 1987 to develop and market legal practice management solutions. Its practice management software is designed to support a client’s entire practice efficiently, from managing time recording, invoicing fee-based work and streamlining administration tasks, to providing ‘real time’ management information. SOS was one of the first companies to supply a true-windows-based system and was voted a “Top 5” supplier of practice management systems in the UK (Grant Thornton 2000).
Software developed by this legal systems solution provider is now in use by more than 400 law firms throughout the UK, including several Top 100 firms.
For more information about SOS software systems log on to: www.soslegal.co.uk, contact SOS on 01225 787700 or email firstname.lastname@example.org
IntelligentApps, a division of Sage, is a worldwide provider of Enterprise Business Performance Management (BPM) software. Harnessing the end user’s tools of choice – Excel and the Web Browser, IntelligentApps delivers a wealth of BPM applications ranging from sales analysis, financial reporting, customer relationship management (CRM), and performance dashboards. IntelligentApps software delivers a high level of scalability using an innovative .NET technology architecture, fully supporting Microsoft Office and SQL Server Analysis Services and Reporting Services technologies. Founded in 1999 and headquartered in Winnersh - England, customers include Reuters, Shell, News International, Lloyds TSB Commercial Finance, Kesa, Dell, Spirit Group, Thorntons, ALEA, and the Home Office.
The Sage Group plc, is a leading international supplier of business management solutions. Formed in 1981, the Group was floated on the stock exchange in 1989 and now employs over 8,000 people worldwide in its market leading companies throughout Europe and the USA.
For more information please contact:
Tel: +44-(0)118-927-0100 or Email: email@example.com
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