Thomson Reuters Elite
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A Thomson Reuters Elite Case Study
Thompson Hine LLP, a major U.S. corporate law firm with 370 lawyers and over 800 employees, faced slow, error-prone month‑end reporting and unreliable financial data. Static PDFs, complex custom processes, frequent manual balancing and dependence on external consultants left partners without timely, trustworthy visibility into billings, collections, profitability and other KPIs.
The firm implemented Thomson Reuters Elite’s Enterprise Reporting and Analytics Foundation (RAF), integrated with their Enterprise financial system and BusinessObjects, to create a centralized, auditable data warehouse with nightly automated updates and secure, personalized report delivery. As a result, Thompson Hine halved its month‑end close (four days to two), reduced consultant reliance and costs, and gained timely, reliable KPIs that support proactive, data‑driven decisions.
Lincoln Graubard
Manager, Financial Reporting