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ADERANT Delivers Opportunity Calculator Giving Executives a Solution for Analyzing Profitability and Pricing of New Business Opportunities.


ATLANTA -- Opportunity Calculator Empowers Decision Makers to Make Smarter Decisions on New Matter Intake to Optimize Profitability and Client Satisfaction

ADERANT, a global provider of business and financial management software for professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  organizations, today announced that it is shipping Opportunity Calculator, a new application that enables law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 to accurately predict the profitability of new business. Opportunity Calculator, a component of the ADERANT Business Intelligence Suite, enables partners to establish pricing for new opportunities by factoring in billing rates, rate schedules, resources assigned, discount scenarios or other profitability indicators. Based on Microsoft .NET See .NET.  technology, this browser-enabled application can easily be launched from the executive desktop through Microsoft Outlook For the e-mail and news client bundled with certain versions of Microsoft Windows, see .

Microsoft Outlook or Outlook (full name Microsoft Office Outlook
 or the firm intranet.

Through an intuitive browser interface executives can run various "what if" scenarios for new matters and other significant business opportunities such as mergers and acquisitions. Analyzing different scenarios aids in business development decisions and ensures that all new opportunities support firm thresholds for revenue and profitability. Opportunity Calculator also allows partners to determine the optimal staffing for new business opportunities in order to gain maximum efficiency, profitability and client satisfaction.

Leveraging pre-defined best practices, Opportunity Calculator sets up standardized processes for evaluating and pricing new business opportunities. By calculating the cost of each timekeeper assigned to a matter and comparing it with the expected revenue, partners can more effectively price and staff matters to ensure they will maximize firm profitability. In addition, firms can use the KPI KPI Key Performance Indicator
KPI Kuwait Petroleum International
KPI Kiev Polytechnic Institute (Ukraine)
KPI Kernel Programming Interface
KPI King Pin Inclination (vehicle steering geometry angle) 
 (Key Performance Indicator) feature of Opportunity Calculator to define, monitor and enforce performance thresholds for all new business.

"Opportunity Calculator continues our focus on providing tools for the executive desktop, empowering partners and decision makers to maximize their contribution to the bottom line," said Don Howren, senior vice president of global marketing at ADERANT. "Firms can now predetermine pre·de·ter·mine  
v. pre·de·ter·mined, pre·de·ter·min·ing, pre·de·ter·mines

v.tr.
1. To determine, decide, or establish in advance:
 and predict acceptable profit margin scenarios to ensure those margins are being achieved."

Opportunity Calculator standardizes the staffing and pricing process for new business. Using the intuitive interface and single screen design, partners can quickly review pricing and staffing options including firm-defined rate schedules and discount scenarios. Opportunity Calculator supports both ADERANT and competitor practice management systems and can load timekeepers' cost rates based on historical, budgeted and forecasted data.

ADERANT's newest addition to its Business Intelligence suite offers the greatest financial benefit when used in conjunction with other ADERANT BI applications, such as Budgeting, Profitability and Analytics. Opportunity Calculator can also be seamlessly integrated into a firm's matter intake process, supporting the firm's ability to quickly and accurately review the financial impact of strategic initiatives and adapt to changing business conditions. These key capabilities create a more predictive business environment and enable firms to achieve financial objectives.

About ADERANT

ADERANT, headquartered in Atlanta, GA, is a leading provider of software for services organizations. The global software company offers a comprehensive suite of solutions, consisting of financial, resource and practice management software that enables services organizations of all sizes to maximize operational efficiencies. ADERANT provides solutions to the world's largest and most prominent service organizations - including American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Deloitte Consulting, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 LLP LLP - Lower Layer Protocol , Skadden Arps and Winston & Strawn. ADERANT also has offices in Asia Pacific and Europe. More information about ADERANT is available at www.aderant.com.

Javelan and Novient are registered trademarks, and CMS (1) See content management system and color management system.

(2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system.
.Net, Business Intelligence, Front Office CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , Keystone and all ADERANT product logos are trademarks of ADERANT Holdings, Inc. or its subsidiaries. All other trademarks mentioned herein are the properties of their respective companies.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 2005
Words:575
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