Enterprise resource planning or ERP uses computer technology to integrate the HR management, logistic, accounting and inventory system. The original purpose of this system is only for manufacturing industry. However as its growth, ERP now does not only help manufacture industry but also other industry models like law firms and other professional services industry. Generally ERP is used to help employees from business planning process, information sharing, decision-making in corporate level. By implementing cloud-based ERP, the productivity and communication between colleagues in the law firm are also improved. There are more benefits you can gain as you implement ERP for your firm. Quoted by Pat VanPutte, here are 4 benefits of ERP for law firms:
Create more transparency as you implementing ERP for law firms
Adapting ERP system means that the members of the firm will know and track any activities easily. This will be the plus point since most law firms are less transparent. The partners are usually less aware about how much they earn per hour, what are their colleague’s status, or how much their salaries are. Once you implement the ERP for law firms, all information will be provided. This will create law firm’s department much better and more transparent.
Improve the Work Efficiency
ERP for law firms can improve the work efficiency within the law firm as all the information are provided automatically. It means you don’t need many people to spread the important information. ERP for law firms does not only delivers the information more accurately, but also rapidly. The positive side you can gain from it is you can save more time and be focus on improving the professional service you offer.
ERP for law firms make the member more independent
Once you utilize the ERP for law firms, all the firm members are able to work remotely. ERP system allows you to outsource paralegal and document preparation yet you can check them in real-time. Each members of the firms have access to generate reports or documents through various platform. With this system, it is possible for the company employ the foreign lawyers to extent the firm swiftly.
Make Decision on a Macro-Level
Resolving a policy making-process in macro-level is sometimes difficult when the company is still using the traditional system. This may happen since usually the important data to develop business metric is not provided. By implementing ERP for law firms, you can merge, record and track the important data easily.