Intellistat Matter Planning & Pricing enables law firms to plan, track, and manage matters for all fee arrangements. The application enables users to create multiple what-if budget scenarios as they staff an engagement opportunity. With the what-if functionality, firms have the capability they need to analyze the expected profitability of a matter and then ultimately track the actuals costs against one or more budget scenarios. By tracking the matter budgets against actuals, the firm can monitor progress of each engagement and be alerted (via dashboard alerts, scheduled or triggered email summaries) when approaching key milestones and budgetary thresholds. Tracks all financial data associated with matter budgets (and actuals) from Leverage, Revenue, and Realization to Cost and Margin.
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