Consulting Firm, The Brattle Group, Selects LexisNexis InterAction for CRM.OAK BROOK, Ill. -- InterAction's dominance in professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. industry, email integration and Relationship Intelligence capabilities influenced decision LexisNexis Interface Software announced today that the Cambridge, Massachusetts-based consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , The Brattle brat·tle Scots n. 1. A rattling or clattering sound. 2. A movement that produces such a sound. intr.v. Group, has selected InterAction(R), the leading CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. solution for consulting organizations. The firm is deploying InterAction to obtain a 360-degree view of its knowledge assets and Relationship Intelligence. "InterAction will allow us to centralize cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. the information we possess about clients, prospects, relationships and engagements and put more structure around our marketing processes," said The Brattle Group's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , W. Robson Googins. "Having access to this relationship intelligence will give us a competitive advantage in business development and cross-selling situations." The Brattle Group had been using an in-house developed contact management system that had limited relationship management, reporting and analytic capabilities. "We struggled with being able to combine internal and external knowledge in order to connect the dots and understand who knows whom and who knows what," added Googins. Determined to identify a technology that consultants would actually use and trust, the firm undertook an extensive search for a new CRM solution. Of critical concern was finding a package tailored to the business model of the professional services industry that could integrate seamlessly with the firm's personal information manager (PIM (1) (Protocol Independent Multicast) A multicast routing protocol endorsed by the IETF. Used in conjunction with an existing unicast routing protocol, it comes in two flavors: Dense Mode (PIM-DM) is used when recipients in the target group are in a concentrated ), which consultants use heavily. "We knew that many CRM projects fail because the technology isn't accessible where users 'live' - in their PIM," explained Dan Plowden, Director of Finance and Planning at The Brattle Group. "So a key consideration was finding a product that would integrate with our PIM, Novell GroupWise GroupWise is a cross-platform collaborative software product from Novell, Inc. offering e-mail, calendaring, instant messaging and document management. Summary GroupWise can operate on a number of server and workstation platforms. ." The firm looked at a host of products including Microsoft CRM, Siebel, Saleslogix and Onyx. However it became immediately clear to the evaluation team that those packages were not suited to the consulting industry. "They had nothing to do with how we sell," said Plowden. "If we selected any of them we would have taken advantage of only 20 percent of their functionality and paid for a product 80 percent of which we wouldn't use." In contrast, The Brattle Group found InterAction to deliver precisely the functionality needed, in an environment consultants would feel comfortable using. "We feel that Interface Software understands the drivers in our industry as well as our corporate needs and the needs of our professionals," said Googins. "InterAction has tremendous functionality and flexibility, and with its strong GroupWise integration, we can make it look familiar to users." In particular, the product's ability to track and manage the complex relationships between people, companies and engagements was a compelling differentiator from the other, more generic CRM products the firm considered. For instance, InterAction's Who Knows Whom(TM) feature instantly reveals who else in the firm has a relationship with a particular contact. Relationship Map(TM) enables users to identify and leverage the extended network of relationships that exist among firm members, colleagues and other contacts known to the firm. "These features fit how we look at our universe of contacts," said Plowden. "We want everyone in the firm to be able to access information about people, relationships and the projects we are working on." Also compelling was InterAction's ability to deliver a central repository of client information, without taking away users' ability to control their own contacts. Consultants can determine exactly what information they want to share with the firm and what they'd like to keep confidential. Moreover, they can determine if they want contact updates made in InterAction to flow down to their own contacts in GroupWise. "InterAction walks the fine line between delivering a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. corporate asset while maintaining user control," said Plowden. "This will be a big plus for bringing people on board and buying into the system." Finally, The Brattle Group's software evaluation team found InterAction's data quality tools far superior to those of other products. The system provides built-in tools and data change management workflow, enabling data stewards to identify, sort, cleanse and edit out-of-date or inaccurate data efficiently and on an ongoing basis. "With better data quality, our consultants will have higher confidence in the CRM system and greater comfort in sharing information," said Plowden. "The Brattle Group has done its due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. in the CRM selection process, focusing on the critical issues for consulting firms like PIM integration, usability, relationship intelligence, data quality, security and control," said Barry Solomon, Interface Software's executive vice president. "We are delighted that they found InterAction to be the superior product and look forward to being a partner in the firm's success." About LexisNexis and LexisNexis Interface Software LexisNexis(R) (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc (NYSE NYSE See: New York Stock Exchange :ENL Noun 1. ENL - an inflammatory complication of leprosy that results in painful skin lesions on the arms and legs and face erythema nodosum leprosum Hansen's disease, leprosy - chronic granulomatous communicable disease occurring in tropical and subtropical )(NYSE:RUK RUK Reserviupseerikoulu (Hamina, Finland, Reserve Officers' School) RUK Are You Kidding? ) (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis Lexis® An online legal information service that provides the full text of opinions and statutes in electronic format. Subscribers use their personal computers to search the Lexis database for relevant cases. They may download or print the legal information they retrieve. (R) and Nexis(R) research services, the company includes some of the world's most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, JurisClasseur, Abeledo-Perrot and Orac. LexisNexis Interface Software is the leading provider of CRM solutions enabling professional services firms and similar relationship-based organizations to create the Relationship Intelligence they need to generate new business and enhance client service. Its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , LexisNexis InterAction, is a flexible and uniquely designed platform that delivers this Relationship Intelligence throughout the organization, quickly, efficiently and cost-effectively. Relationship Intelligence is a firm-wide asset that reveals the unique and complex connections between people, companies, relationships, experience and expertise, empowering professionals to leverage who and what they know to uncover new revenue opportunities, differentiate themselves from the competition and enhance client service. InterAction is internet-enabled, allowing professionals to view information however they choose--through knowledge management platforms, corporate portals, intranets, extranets and wireless devices. For more information please visit our Web site at www.interfacesoftware.com. About The Brattle Group The Brattle Group provides economic consulting services and expert testimony Testimony about a scientific, technical, or professional issue given by a person qualified to testify because of familiarity with the subject or special training in the field. to corporations, 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]
InterAction, InterAction Opportunities, InterAction Matters, InterAction Engagements, Watch List, Who Knows Whom and Relationship Map are trademarks of Interface Software, Inc. and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only. |
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