Overview
BigHand Business Intelligence is an advanced financial BI solution for law firms with role-based reporting that delivers the right financial data to the right person via intuitive dashboards to help users improve cash flow and profitability. The flexible data warehouse replaces manual reporting with data visibility from firm level to individual clients and matters. Self-service analytics provide controlled access to relevant metrics in any visualization tool of choice. The solution empowers users to improve cash flow and profitability with immediate financial insight.
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Choose a department to see the benefits:
Make informed decisions backed by data. Gain instant access to financial data from firm-wide to matter partner, client partner and practice group. From the value of billable time and fees billed / collected, to the exposure of your aged work-in-progress and debtors.
Spend less time creating reports, and more time informing strategy. Get instant access to KPIs like Fees, Time, Collections and Profitability, that can be drilled into right down to individual matter invoices, so you can dedicate more time to building commercial awareness in your firm.
Access key financial data in real-time to make informed business decisions to drive firm-wide improvements that future proof your law firm and improve client relationships.
Drive business strategy by providing ‘one version of the truth’ data. Leverage the vast amount of information stored in your business systems with seamless integration to your legal PMS and other reporting systems.
Give your lawyers the ability to do their own financial analysis with controlled access to relevant data. Key client and matter-based data points provide targeted insight into the overall client relationship.
Fully automated reporting on financial performance of the law firm, right down to the individual level. Drill down into financial KPIs like fees, time, collections and profitability and GL.
Provides both traditional data storage and more advanced analytical capabilities.
Choose from independent modules: Profit, GL, Expense, Revenue.
Pre-built connectors allow for standard and rapid deployment against law firm financial systems.
Firm, Partner, Practice Group, Individual views and more provide key information relevant to the user’s role. Build a culture of commercial awareness by showing users exactly what they need to see, and no more.
No proprietary code allows the firm to leverage existing Microsoft technical expertise. Easy to use with minimal training requirements and backed by 24 hour support.
View in any visualization tool of choice, including PowerBI.
Over 20 dimensions are offered for slicing the measures, including:
A measure is a value stored in the cube. The Iridium BI Profit cube contains over 100 measures, including:
The GL module provides a robust foundation for our complete BI solution to analyze and report on general ledger data. The entire set of GL data is available, including drill-through to journal entries. The GL module is tightly integrated with the other BI modules, providing users with a comfortable and familiar analysis experience.
More than ten dimensions are offered for slicing the measures, including:
A measure is a value that is stored in the cube. The Iridium BI GL cube contains over 50 measures, enabling analysis of:
Revenue & Expense
Profit
Budget
Over 15 dimensions are offered for slicing the measures, including:
A measure is valued that stored in the cube. The Iridium BI Expense cube contains over 15 measures, including:
Over 30 dimensions are offered for slicing the measures, including:
A measure is a value stored in the cube. The Iridium BI Revenue cube contains over 300 measures, enabling analysis of:
The solution provides both high-level numbers, and the ability to drill into the detail to provide users with a better commercial understanding of the firm’s performance
Partners need to know what their time recording is, what their costs are, what their billing is, collections, age debt and what they need to bring in and chase. This is data that the BigHand dashboards can provide.
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