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AM Law 100 and AM Law 10 firms Drive Record Breaking Adoption of xcelerate

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Momentum Continues for xcelerate with Recording-breaking Adoption in First Half of 2016  

Thomson Reuters Elite, part of Thomson Reuters Legal, today announced at the VANTAGE 2016 Worldwide Conference the continued momentum of xcelerate Budgeting and Forecasting among 3E® and Enterprise™ clients. Since the start of 2016, a record number of clients have integrated xcelerate, half of which are Am Law 100 firms and two of which are Am Law 10 firms. xcelerate is the only Microsoft® Excel® and Web-based budgeting and forecasting application built specifically for legal and professional services with certified standard integration into 3E and Enterprise financial and practice management systems.

“In less than two years since xcelerate first became available it has helped a substantial portion of existing 3E and Enterprise clients gain better visibility into their entire budgeting and forecasting processes, so they can plan with confidence,” said Bill Burch, vice president of Sales at Elite. “We are thrilled that xcelerate continues to be recognized as a valuable tool for boosting efficiency in financial management by top Am Law firms and other industry-leading organizations.”

xcelerate helps users in more than 12 countries protect their profits with real-time insights into their firms’ revenue and expense budgets, forecasts, and other key targets. Nearly half of the clients that rely on xcelerate to review their productivity and profitability are top global firms, and more than half rank in the Am Law 200.

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 is integrated into 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.