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What is EAS Expense Allocation System?

Consistently ensure precise allocations by automatically calculating and implementing sharing percentages solely for funds permitted to incur costs. Enhance the efficiency of accounts payable throughout the organization, allowing for effortless access to detailed expense reports. Utilizing EAS can help avoid penalties associated with misallocations and streamline allocation policies, ensuring that all expenses are in accordance with fund agreements and disclosures. The traditional approach to distributing expenses among various funds tends to be convoluted and ambiguous. Moreover, complex allocations done through Excel often carry hidden inaccuracies due to a lack of stringent controls. Such misallocation issues can pose significant risks for asset managers, potentially causing delays in reimbursements or improper allocations that could compromise their financial stability. By adopting automated solutions, organizations can greatly improve both the accuracy and transparency of their expense management processes, ultimately fostering a more reliable financial environment. Furthermore, this transition not only mitigates the risk of errors but also enhances overall operational efficiency, enabling asset managers to focus on more strategic initiatives.

What is BigHand Resource Management?

BigHand Resource Management acts as an all-encompassing platform for law firms, facilitating the efficient distribution of legal tasks and resources while assisting in identifying available staff, forecasting usage rates, and planning career advancements for lawyers. This cutting-edge tool delivers instant insights on team availability and related costs, boosts profitability for legal cases, and promotes diversity, equity, and inclusion through equitable task allocation. Users can track capacity at both the individual attorney level and across various practice groups within the firm. Additionally, it supports strategic work distribution by considering factors such as client requirements, vacation schedules, profitability, and DEI goals. Lawyers are also empowered to evaluate their performance against crucial metrics and targets, cultivating a sense of accountability for their roles. The platform further includes a searchable database of attorney competencies, industry knowledge, established networks, and language skills, while offering a transparent overview of current expenditure rates and projected distributions compared to matter budgets, ultimately assisting partners in managing matters more efficiently. By integrating these functionalities, BigHand Resource Management enhances operational workflows and aligns with the long-term strategic objectives of the firm, ensuring sustainable growth and improved effectiveness in legal practice. Moreover, it creates an environment where both individual lawyers and the firm as a whole can thrive through informed decision-making and proactive management.

Media

Media

Integrations Supported

Integrations Supported

.NET
Microsoft Office 2021
Visual Studio

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IntegriDATA

Date Founded

2002

Company Location

United States

Company Website

integri-data.com/products/eas-fund-expense-allocation-system/

Company Facts

Organization Name

BigHand

Date Founded

1995

Company Location

United Kingdom

Company Website

www.bighand.com/en-us/our-solutions/resource-management/

Categories and Features

Hedge Fund

Not specified

Categories and Features

Legal

Not specified

Resource Management

Not specified

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