By Thomson Elite of Thomson Elite
LOS ANGELES, June 14, 2006 - Thomson Elite, part of The Thomson Corporation (NYSE: TOC; TSX: TOC) and a worldwide provider of business software to professional services firms, today announced three analytic packs, available immediately, to supplement its Eliter Business Intelligence solution. The add-on modules - Profitability, Client Development and Client Investment - help users ease the process of making business decisions by providing quick access to operations and client business relationship metrics.
"Senior management, executives and attorneys can map out better business plans when they know how various parts of the firm contribute to its success," said John Callahan, director, market segments, Thomson Elite. "These analytics create a window into which offices or practice groups hold the best potential to grow the firm, what client relationships need nurturing and patterns of profitable or unprofitable business." The specialized analytic packs provide dynamic reports that immediately deliver industry-best practice information to manage and optimize firm performance. Each pack comes with core content, dynamic drill-down and data slice-and-dice capabilities, and customization tools. The Profitability Analytic Pack reveals client opportunities by identifying profitability trends. Understanding and addressing these leading indicators enhance customer relationships and the profitability of these relationships. Users can accurately track key business profitability drivers such as margin, rate, realization and utilization. To build the Client Development pack, Thomson Elite surveyed top professional services firms worldwide and designed powerful, actionable analytic reports for cross-selling, resource experience metrics, engagement pricing and discounting modeling. Since most new business is grown from a firm's existing client base, this module helps identify and prioritize top clients to target in the organization's client roster. The Client Investment Analytic Pack reports on the total dollar value of fees and costs that have been completed but not yet billed, as well as those that have been billed but not yet collected. It delivers immediate client impact to firm performance in areas including fee realization, collections forecasting, collections trending and at-risk invoices. For more information or to schedule a demonstration of the new Analytic Packs for Elite Business Intelligence, call 323-642-5200 or visit www.thomsonelite.com/solutions.