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TOTAL PRACTICE SOLUTIONS

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Given the changes in the economic environment... 
the Excel user interface was a key differentiator.

Dan Watson, Controller, Vorys
 

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Redwood Analytics® Budgeting

Optimize your law firm budgeting and move from static data to an automated, cost-effective solution with Redwood Budgeting, powered by Satori Group, the industry’s leader in technology. This online application helps you take a collaborative approach by connecting the key departments that drive your firm’s financial performance. Redwood Budgeting enables you to make sound strategic business decisions based on complete, accurate and timely financial information.

Benefits

Performance management is critical to law firms in today’s constantly shifting business landscape. Use the online Redwood Budgeting, powered by Satori Group’s industry leading Satori Planning, to ensure that your budget has firmwide visibility and a consistent set of values and formula results?“one version of the truth.” This helps firm management respond to challenges and opportunities quickly and effectively.

Achieve comprehensive budgeting—your way.

Produce detailed budgets including all vital elements. Use an approach that works for your firm?for example, historical or zero-base methodology. Factor in all elements that contribute to your firm’s budgeting, such as revenue, accounts receivable and payable, cash flow, capital expenditures, salaries and benefits.

Increase budgeting efficiency.

Consolidate your process, eliminate manual work and leverage your firm’s existing skills and knowledge. Integrate budgeting with your core systems and make the most of the application’s familiar front end, built on the Microsoft® Excel® tools that firms customarily use for budgeting spreadsheets.

Plan in real time—gain flexibility and control.

With V-i-Performance Planning, your input flows to results right away. The application allows for frequent forecasting, if desired, but also drives efficiency and control to reduce the overall time spent on budgeting.

Collaborate productively with your colleagues.

Every professional in your firm who needs to provide input can contribute to the budgeting process using secure Web access with Excel® as the front end.

Improve your bottom line.

Redwood Budgeting helps you target rapid value realization and a high return on investment. The revenue module uses a projected accrual, hours-based budgeting into cash forecasts method. The Expense module allows you to enter data, design what-if scenarios and perform variance analysis.

Actionable

You can easily adjust your plan and successfully address changes in market conditions through Forecasting.  Forecasting automates and streamlines the process of viewing variances to actuals throughout the year and supporting rapid action to capitalize on opportunities.

How can we help your firm? For more information about our solutions for law firms:

For more information


One version of the truth…
For more information contact us at:

Call 630.371.4559 or email us now

For more information


One version of the truth…
For more information contact us at:

Call 630.371.4559 or email us now

Learn More

Learn More