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Redbrick Solutions Announce the Next Generation of Financial Analysis Solutions for Law Firms
23 February 2016

Source : http://www.legalitprofessionals.com/UK-News/redbrick-solutions-announce-the-next-generation-of-financial-analysis-solutions-for-law-firms.html

Redbrick Business Intelligence is the next generation of innovative, dynamic, intelligent and integrated financial analysis solutions designed specifically for UK law firms. Delivered by Redbrick Solutions, the innovative providers of ConveyanceLink, the first pay per transaction case management solution.

Redbrick Business Intelligence moves beyond the traditional law firm accounting software used by cashiers today by delivering customisable, easy to understand, business critical analysis to key members of staff and management by providing an up to the minute view on profitability and productivity across the whole business or targeted sections of the business in the most efficient and comprehensive way possible.

Redbrick Business Intelligence covers the full spectrum of financial management requirements including:

– Client and Business Accounting
– Billing and Productivity Management
– Financial and Analytical Reporting

‘Redbrick Business Intelligence is going to revolutionise the way law firm managers run their business’ says Martin MacDuff, Managing Director of Redbrick Solutions, ‘Never before have key decision makers had access to the level of analytical financial information we are now able to provide at the click of a button. Now the law firm can see exactly which areas are their most profitable, ensure fee earners are billing correctly and identify business critical issues immediately. Fee earners profitability will increase because Redbrick Business Intelligence will automatically ensure they are passing on all disbursements, time costs for copying, emails and telephone calls and will not allow them to run a client file in an unprofitable manner. The cashier will benefit from Redbrick Business Intelligence’s many automated functions, saving them time and allowing them to focus on more important issues.’

Redbrick Business Intelligence can be used as a stand alone financial analysis tool for back office staff and business managers or can be integrated with Redbrick Solutions front office solution Redbrick Practice Management for further time and cost savings, removing the need for duplication and potentially costly errors.

Key Benefits of Redbrick Business Intelligence include:

– Entire practice can be managed with minimal effortDramatic improvement in effectiveness and efficiencies
-Material time saving
– Increase fee earning and profitability
– Organised, professional environment
– Structured, comprehensive reporting and information management
– Financial disciplines and controls required by the SRA
– Managing productivity of staff and colleagues
– Improved service to clients
– Quantifiable return on investment
– Significantly improves cashflow

For more information please contact jhodges@redbricksolutions.co.uk or call 0845 166 2629