Clarity Systems announced the launch of Clarity 6 Legal Edition 2.0, a newly enhanced budgeting, planning, and reporting software solution for professional services organizations. With new functionality and features, Clarity 6 Legal Edition 2.0 has sophisticated capabilities that extend beyond budgeting to include financial variance reporting and analysis. Variance analysis of data such as billings, expenses, compensation and hours at the timekeeper level are now easily accessed and compared in real time. This offers professionals the flexibility to conduct variance analysis and reporting across multiple scenarios or over periods of time. Clarity 6 Legal Edition 2.0 also allows users to drill down from a report to a single transaction and view invoice/expense details or attach user commentary to a specific field.
These enhancements are specifically designed to meet the complex performance management needs of professional services firms. Since the initial launch of Clarity 6 Legal Edition in June 2007, approximately two dozen firms have increased efficiency and flexibility with the software solution. Out-of-the-box, the software is pre-defined to meet most of the specific needs of the industry, ensuring a fast implementation and immediate results.
â€œClarity Systems is committed to improving financial processes and providing professional services organizations with clear insight into their corporate performance,â€ said Paul Hill , COO at Clarity Systems. â€œClarity 6 Legal Edition 2.0 reflects our mission to provide professionals with the most comprehensive and innovative solution for improved financial performance in the industry.â€
Clarity Systemsâ€™ expertise in providing legal vertical solutions is strengthened by its partnership with Thomson Elite , a leading provider of financial and practice management systems to professional services markets worldwide. Clarity 6 Legal Edition 2.0 integrates with Elite Enterprise databases, ensuring seamless integration among legal firmsâ€™ financial processes.
â€œClarity software helps Thomson Elite â€™s customers achieve success in business planning and budgeting as well as business plan management,â€ said John Callahan, director of product management, Business Intelligence, Thomson Elite. â€œWith Clarity 6 Legal Edition 2.0, we deliver a solution built around legal market best practices that is flexible enough to support a firmâ€™s unique planning and reporting requirements.â€