Client Base of Newly Introduced xcelerate Reaches Double Digits in First Half of 2015

Jun. 15, 2015

Thomson Reuters Elite, part of Thomson Reuters Legal, today announced at the VANTAGE 2015 Worldwide Conference that xcelerate Budgeting and Forecasting has rapidly gained momentum in the market in 2015, having been selected by top Am Law firms and other industry-leading organizations. Since the start of the year, 14 3E® and Enterprise™ clients have integrated xcelerate with their financial and practice management systems in order to protect profits with real-time insights. xcelerate is the only Microsoft® Excel® and Web-based budgeting and forecasting application built specifically for legal and professional services and is exclusively available to clients of 3E and Enterprise financial and practice management systems.

“Because the Elite Starter Kit provides preconfigured worksheets and reports tailored specifically for 3E and Enterprise integration, several clients have been able to successfully go live on xcelerate as much as 50 percent faster than they would on any other budgeting and forecasting solution,” said Bill Burch, vice president of Sales at Elite. “Once live, xcelerate’s automated system tailored for finance helps 3E and Enterprise clients skyrocket their efficiency and speed with greater accuracy. We look forward to helping many more clients take advantage of this single system for the entire budgeting and forecasting process.”

xcelerate benefits clients by providing a centralized view into their firm-wide budgeting and forecasting data, eliminating the need for expensive customizations with seamless Excel integration. Leveraging the xcelerate 3-step builder’s intuitive drag-and-drop functionality for global headers, users can generate intuitive reports in minutes. They can also take advantage of real-time alerts that improve accuracy by catching errors and updates before they have a chance to impact reporting data.

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 integrates with 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.

Thomson Reuters Elite is the leading global provider of innovative business management solutions that enable law firms and professional services organizations to streamline operations, maximize efficiency, and increase visibility into all aspects of their businesses. Elite is focused on enabling firms of all sizes and locations to meet their true potential and provide the best service for their clients. For more information, visit Elite.