Accordion’s Law Firm Profitability Planning Anaplan Accelerator is a fully built P&L planning solution tailored to law firm requirements. The solution incorporates scenario planning across versions for quick comparative reporting. A tops-down historical trending vs. bottoms-up resource plan results in insightful gap analysis for both revenue and expense planning.
Plan Revenue Top Down & Bottom Up by Service Line and Region
Set revenue targets by service line & region
Allocate targets down based on historical trends, along with pricing and growth assumptions
Build a bottoms-up, client-level revenue plan based on existing and expected pipeline and historical billing trends
Account for varied billing structures: time & materials, retainer, fixed fee, etc.
Gain clear visibility into resource/capacity balancing down to the position, location, service line, and sector level
Quickly evaluate baseline, worst-case, and best-case scenarios
Note:Want a closer look? Click on the screenshot to enlarge it.
Manage Workforce Expenses, Capacity, and Revenue by Position
Set hourly revenue, cost targets, and expected billable hours by position (e.g. Partner, Associate, Paralegal), compare against actual rates, and use to drive final revenue and COGS totals
Tag employees based on sector, service line, position, and location and allocate expenses appropriately
Plan employee expenses down to the GL account level based on key assumptions for benefits, taxes, merit rates, etc.
Quickly see and model the impact of new hires, attrits, and transfers on employee expenses
Note:Want a closer look? Click on the screenshot to enlarge it.
Streamline Expense Planning Using Drivers and Assumptions
Promote accountability by deriving expenses based on configurable drivers
Reduce manual planning input and use historical data trends to quickly generate budgets & forecasts
Overlay, adjust, or input directly to GL accounts to supplement a driver-based plan
Note:Want a closer look? Click on the screenshot to enlarge it.
Analyze and Make Decisions with Dynamic Reporting
Review P&L, report on variances, and collect commentary in a clear, concise format
Calculate & report on partner level P&Ls
Easily switch between currencies to view in local or reporting currency
Highlight key metrics that drive the business decisions
Note:Want a closer look? Click on the screenshot to enlarge it.
Accordion's Anaplan Solution Accelerators
In addition to the “P&L Planning (APP)” accelerator featured above, Accordion offers a variety of “Anaplan Accelerators” prebuilt to expedite your deployment process, improve ROI, and reduce implementation risk. Explore them:
Financial Consolidations & Analytics (FC&A)
A fully built financial consolidations solution based on best practices: aggregation, intercompany eliminations, cash flow reporting, non-standard ownership, journal entries, insightful analytics, and flexible FX.
An Anaplan solution tailored for the management and analysis of hospitality industry planning, including: key metric analysis, occupancy rate and price forecast, and P&L reporting.
A dynamic workforce planning and management solution for both top-down and bottom-up planning including: driver-based forecasting, what-if scenario planning, and employee compensation management.
An automated chargeback modeling solution that streamlines the gross-to-net planning process, including: unit trending, calculating distributor fees, returns, and rebates, along with full chargeback and gross-to-net analytics.
An Anaplan solution built for businesses in the real estate sector, including: a high level summary dashboard, detailed key metric analysis, property management, depreciation scheduling, and more.
An Anaplan solution for in-depth asset management for businesses in any sector, including: a high-level summary dashboard, full capital asset planning, detailed expense breakdowns, depreciation scheduling by asset, financing analysis, and more.
A fully built P&L planning solution tailored to the telecom industry, including: subscriber forecasting, ARPU analytics and what if analysis, driver-based telecom expense planning, workforce comp planning, and fully featured comparative reporting.
A title planning solution custom built for the publishing industry, including: gross-to-net ISBN and title series forecasting, historical unit trending, royalty calculations, and full P&L reporting.
An Anaplan solution built for SaaS businesses to easily source CRM data and drive real-time forecasting, including: CRM Integration, opportunity management, renewal management, and ad conversion forecast pipeline summary.
A fully built financial consolidations solution based on best practices: aggregation, intercompany eliminations, cash flow reporting, non-standard ownership, journal entries, insightful analytics, and flexible FX.
Managing Director, Planning Solutions Team Lead | Master Anaplanner
Justin is a Managing Director and the Planning Solutions Team Lead within Accordion’s CFO Technology Practice. He has more than 15 years of experience leading the deployment of forecasting and analytic solutions for companies ranging from PE-backed to Fortune 1000. Justin’s specific expertise is in the Performance Management space, primarily serving Finance team use cases – representative examples being: forecasting, budgeting, strategic planning, EBITDA and profitability management, workforce planning, gross margin optimization, and currency analysis. Read more
Andrew Fahy
Senior Director | Master Anaplanner
Andrew is a Senior Director with over 10 years of finance and consulting experience. Bringing a strong financial background to CPM consulting, he has experience leading large-scale projects for global organizations across consolidations, forecasting & planning, data integration, and analytics. This breadth of experience helps Andrew understand how the various finance functions can fit and work together across a company’s CPM applications to ensure a cohesive solution. Read more
John Wihtol
Director
John Wihtol is a Director, EPM/CPM Technology with more than 15 years of experience in the SAAS industry. He specializes in helping companies implement and optimize cloud-based solutions for business planning and performance management. Read more
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