Revenue Planning for Law Firms Leveraging Time-Series Forecasting Models How Law Firms Can Employ Time-Series Forecasting Models to Improve Revenue Planning. Last week, we focused on Type 2 Scenario-Based Models to improve revenue planning for Law Firms (see Revenue Planning for Law Firms Leveraging Scenario-Based Models). This week we will cover Time-Series Forecasting Models. Check…
Driving Successful Revenue Planning for Law Firms with ML Regression Models A closer look at what Data Models will work for your Law Firm. Last week, we introduced six data modeling techniques that law firms can use to improve revenue forecasting (see Financial Foresight: Data-Driven Revenue Models for the Modern Law Firm). In the coming…
Smarter Planning for Law Firms: How Machine Learning is Reshaping Financial Strategy In today’s changing legal landscape where uncertainty is now the new norm, law firms need to be nimble and forward-thinking when navigating and managing their financial health. Finance leaders look to Enterprise Performance Management to provide for financial agility to gain a competitive…
Financial Foresight: Data-Driven Revenue Models for the Modern Law Firm Finding the right modeling approach means choosing one that aligns with the firm’s strategic goals. In my previous article, I underscored the significance of developing a robust revenue planning strategy and emphasized why law firms should seize this opportunity to secure financial sustainability (Building Sustainable…
Financial Foresight: Building Sustainable Revenue Strategies in Legal Services Firms Importance of building a sustainable and accurate revenue strategy In today’s legal climate, financial uncertainty is a pervasive reality that all law firms must acknowledge. The risks are many and not easily manageable. A select few include: Economic Volatility due to rising interest rates, inflation,…
NetSuite 2025 Release 2: Smarter AI, Seamless Planning & Industry-Specific Innovation Twice a year, NetSuite delivers powerful enhancements designed to help businesses scale smarter—and 2025 Release 2 is no exception. This release amplifies the value of the cloud ERP with expanded AI-driven insights, stronger planning tools, and new industry-tailored features that reduce complexity and maximize…
Blueprint 4D 2025 Recap: AI, Innovation & What’s Next for JD Edwards Last week, hundreds of JD Edwards users, experts, and innovators gathered in Las Vegas for BLUEPRINT 4D—and it’s safe to say this year’s theme was loud and clear: AI isn’t just the future—it’s already transforming JDE. From the first keynote to the last…
Blog Credit: Jonathan Feldman, January 27, 2022 (Firing Is a Management Failure. The Talent Crunch Should Drive a Rethinking) What is NetSuite ERP & How Does It Work? In the late 1990s, “cloud” was not a word most people associated with technology. It was certainly not recognized as the future of software. But a few visionaries…
Migrating from an on-premises ERP like JD Edwards to a cloud-based solution like NetSuite offers businesses scalability, cost-efficiency, and modern functionality. However, the transition is complex and requires careful planning to avoid costly missteps. Below are the top 10 mistakes organizations often make during this process and how to avoid them. Insufficient Planning and Strategy…
As businesses grow beyond $10 million in revenue, managing operations efficiently becomes a challenge. At this stage, a well-integrated Enterprise Resource Planning (ERP) system becomes essential for streamlining financials, supply chain, HR, and customer management. But with so many ERP solutions on the market, how do you choose the right one? For small to mid-sized businesses…