juniorPartner Module Four
MANAGEMENT
The Management Module is designed to give larger firms with several partners and many authors more detailed information relating to both the firm's performance and individual author's performances, it includes analysis of fees by client and type of work as well as by author.
When used in conjunction with the profit and loss report from the CashBook and the A/R Aged Balances, Management reports should provide everything the larger firm needs for regular analysis of its performance and to assist planning for the future.
Reports Include
WIP ANALYSIS
ATTENDANCE ANALYSIS
FEES ANALYSIS
YEAR TO DATE WIP & FEES ANALYSIS
FEES & TIME ANALYSIS BY FILE TYPE
(eg conveyancing, matrimonial, immigration etc.) Determine where the income is coming from for Insurers as well as Practice Management.
TOP CLIENT BY FEES
Identify your top fee generating clients.
TOP CLIENT BY OPEN FILES
Which clients bring in the most work? Though not necessarily the most income.
MISSING TIME SHEET REPORTS
No more lost time sheets or authors forgetting to hand in their time sheets..
AUTHOR PERFORMANCE REPORTS
Track and compare author performance both in terms of Time recorded and subsequently billed and in terms of Fees posted.
WIP AGED BALANCES
To shorten the billing cycle, you should be billing monthly and have minimal aged WIP balances. These reports help you keep on top of slow billers.
WIP CONTROL BALANCES
The firm's most important current asset. It's absolutely essential that a busy firm scrutinises WIP balances from month to month. These WIP control reports ensure there's no gaps in WIP accounting anywhere.
