By Legal Futures Associate BigHand
Brownstein Hyatt Farber Schreck LLP (Brownstein) is set to introduce BigHand Business Intelligence to help improve visibility of key financial metrics across the firm.
Based in Denver, Colorado, Brownstein has over 250 attorneys and 12 offices across the U.S. The innovative law and lobbying firm aims to replace its existing solution and implement BigHand’s B.I. tool for in-depth reporting of key financial data in personalized, simple dashboards for its various users across the firm.
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 in real-time intuitive dashboards. The flexible data warehouse replaces manual reporting with real-time 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.
Brownstein stressed the importance of wanting a tool that is simple to use, with clearly presented data, and that didn’t require a complicated onboarding process.
Kevin Twomey, director of financial reporting and analysis at Brownstein said, “We were impressed with BigHand’s robust tools. When evaluating the market, we felt that BigHand BI was simple to use and met our goals and needs. 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. BigHand BI will allow our attorneys to see metrics about their practice that they didn’t have access to previously. Our leadership will also gain better visibility of actionable data and profitability insights relevant to their role. For our finance team, the time saved producing reports can be used to advise on profitability and drive process improvement.
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