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.
3E 2.8 offers increased functionality, performance, and usability with increased ROI and lower Total Ownership Cost
September 26, 2016
Thomson Reuters Elite, part of Thomson Reuters Legal, today announced the release of 3E® 2.8. This release includes more than 175 enhancements delivering more robust functionality, performance, and usability to make processes and functions more efficient. 3E is an integral component of the Elite Enterprise Business Management Solution, a comprehensive suite designed to help clients manage all operational aspects of their business.
New features such as entity merge, compound proforma adjustments, and a second set of phase, task and activity codes allow users to work more efficiently and gives firms the capabilities to track more explicit information related to their processes and produce leaner and more effective data.
3E 2.8 delivers performance improvements that are a direct result of the 3E Performance Response Team findings and recommendations in working directly with customers. This release provides users with more streamlined processes and faster overall processing that delivers an increased ability to conduct daily actions at a quicker pace. Performance improvements are seen in all transaction areas with progressive renderings in grids, GL Detail to Summary builds now taking minutes instead of hours, and data level security streamlining. Additional enhancements, including standard workflows, 20+ standard Design Gallery templates, and more than 40 report and metric improvements, help firms save time and money while improving profitability and reducing the total cost of ownership.
Launching in tandem with 3E 2.8, the new Monitoring & Diagnostics product will help firms track 3E usage and performance spikes, troubleshoot issues, and proactively monitor their 3E system. Monitoring & Diagnostics will expand its capabilities across the Elite product suites in future versions.
“We communicated our plans for the 3E 2.8 release to our clients at the beginning of 2016,” said Elisabet Hardy, vice president of Product Management at Elite. “At that time, we promised a robust release with many updates and rock-solid quality. I’m pleased to say that we delivered on those commitments. The improvements we’ve made to 3E will immediately benefit both our current and new customers, saving them time and money and helping them more quickly maximize their investment. The increased best practices utilization and usability enhancements provide the tools they need to increase efficiency and more effectively manage their business.”
3E 2.8 is released following an extensive pilot program conducted with four customers with fee earners ranging from 80 to 1,500 and covering a broad range of 3E functionality. Some firms included GableGotwals®; Sterne, Kessler, Goldstein & Fox; and Quinn Emanuel, and all were provided access to the pilot release in order to test the software. The firms provided valuable feedback to Elite which helped ensure the launch of a quality product to the market.
“We’ve been very pleased to participate in the 2.8 pilot program,” said Chief Financial Officer Tom Annick of Sterne, Kessler, Goldstein & Fox. “We understood that there might be some bumps in the road, but we appreciated the opportunity to participate, and we benefitted from the onsite and remote support that the Product Management team provided during our pilot testing. The Elite team has been very supportive and responsive to the issues we reported during the pilot and to providing the fixes we needed to go into production. We’re looking forward to continuing on the 2.8 road.”
“We’re impressed with the 3E 2.8 release,” said Mark Burt, accounting manager at GableGotwals. “As a result of participating in the pilot program, we are now live on the new version and happy with its functionality and performance. Elite’s commitment to partnering with customers to develop and test new features gives us great confidence that we have the right technology partner for what we need both today and in the future.”
Law firm Quinn Emanuel is also happy about the 2.8 release. Firm reps said “We were pleasantly surprised by the amount of time and effort that went into the 2.8 release. There are many new features that have been well thought out and that we are excited to utilize.”
3E offers powerful core financial, practice, and risk management features with built-in application development capabilities, as well as standard out-of-the-box options – all seamlessly integrated into one high-performance system. Designed from the ground up on Microsoft .NET, 3E provides an integrated development environment that enables firms to become more agile in responding to client needs. A full suite of capabilities is delivered through a consistent Web-based user experience that allows staff to easily track and manage activity on a multi-office, global scale. Visit 3E for more information.