*
  • Register and Subscribe to Supply Chain Newsletter. Win free books!!
  • Earn $20 or more by registering & inviting Supply Chain Professionals.
  • Blog your operations management, technology views & opinions.
  • Already registered? Login with remember me selected to hide this form.

ADERANT Enhances Business Management Solution

ADERANT Expert Release 7.5 Includes Comprehensive Global Financial and Statutory Reporting, Ebilling Functionality and New Windows Vista-Compatible User Interface

Orlando, FL - August 20, 2007 – ADERANT, a global provider of business and financial management software for professional services organizations, today announced at International Legal Technology Association's (ILTA's) 30th Annual Educational Conference an enhanced version of its business management solution for law firms, ADERANT Expert. Formerly codenamed "Pinehurst," ADERANT Expert Release 7.5 includes comprehensive new global financial and statutory reporting, ebilling functionality, and a new Microsoft Windows Vista-compatible user interface. Release 7.5 also includes several client-requested enhancements.

"We are very excited about ADERANT Expert Release 7.5 and feel many of the features - its new multi-book capability, in particular-will help streamline our internal business operations," said Robert Carey, Assistant Director Business Information Systems for Skadden, Arps, Slate, Meagher & Flom, LLP. "With offices in 21 countries there is no doubt this will be a big benefit to our firm in terms of better managing our global operations and local accounting practices."

"ADERANT Expert Release 7.5 addresses some of the most pressing challenges faced by law firms today, such as effectively managing global operations and meeting the E-Commerce demands of their clients," said Michael Kohlsdorf, President and Chief Executive Officer for ADERANT. "Our latest release provides global law firms with a comprehensive solution that meets all their local statutory and financial reporting requirements. Additionally it provides all firms with powerful ebilling capabilities. These enhancements demonstrate how ADERANT is committed to listening-and responding-to the needs our clients."

Support Global Operations
ADERANT Expert Release 7.5 includes comprehensive functionality designed to meet the statutory and financial reporting needs of law firms with global operations. Firms can meet all local requirements, no matter how complex, without impacting internal global operational reporting.

ADERANT Expert's chart of account structure has been expanded to allow for the association and organization of unlimited charts. Each distinct chart structure can be associated with a book or multiple books, providing firms with the ability to transact and report in multiple account formats. Additionally, firms can prepare, draft, post, allocate, and cancel credit notes.

These new capabilities allow firms to adhere to local generally accepted accounting and tax recording rules, comply with FASB and IASB standards, and still generate accurate financial reports on their global operations.

Streamline Ebilling
In response to the growing client demand for e-commerce, ADERANT Expert Release 7.5 includes powerful functionality for the creation and processing of ebills and the management of ebilling support data. Firms can produce both a client-facing invoice as well as an electronic bill during the prebill edit cycle, which ensures that both documents are created using the same instance of billing data.

ADERANT Expert Release 7.5 also includes a robust rules engine to help firms comply with matter terms and reduce the number of post-submission issues and rejections. E-bills are automatically screened and validated based on firm-defined rules before electronic invoices are sent. This provides firms with greater flexibility over the release and posting of e-bills and increases the Insight billing personnel have into the disposition of e-bills.

Additionally, the application fully supports the LEDES XML Version 2 standard. The Legal Electronic Data Exchange Standard, or LEDES™, file format is the legal industry's open standard for the electronic exchange of data, especially billing information.

Microsoft Windows Vista-Compatible User Interface
Release 7.5 also includes a new graphical user interface that is compatible with Microsoft Windows Vista and Microsoft Office 2007. The new user interface provides a clean, consistent look and feel throughout all ADERANT Expert applications.

The enhanced interface also improves ADERANT Expert's usability. It makes use of new icons, buttons, fonts, and color pallets as well as gradients, highlight contrasts, and visual artifacts to improve information visibility and make functionality more easily accessible.

The application will be generally available October 31, 2007.

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 largest and most prominent service organizations in the world, including Clifford Chance, Computer Sciences Corporation, Greenberg Traurig, Clayton Utz, Deloitte Consulting, Macleod Dixon LLP, Mayer Brown Rowe & Maw LLP, Skadden Arps and Winston & Strawn. ADERANT also has offices in Asia Pacific and Europe.

Product News