Elite 3E Review - why 4.7 stars?

Elite 3E Review
ITQlick Score: 92/100
ITQlick Rating:
Pricing: 4.8/10 - average cost
Category: Professional Services Automation -> Elite 3E review
Ranking:Ranked 1 out of 109 Professional Services Automation systems
Company: Thomson Reuters Elite
Typical customers: Small, medium and large size businesses
Platforms: Desktop
Links: Elite 3E pricing, Elite 3E alternatives
Shlomi LaviShlomi Lavi / updated: Jun 04, 2024

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What is Elite 3E?

Elite 3E Professional Services Automation software is a comprehensive software solution that is designed to meet the needs of professional service firms. It is a platform that enables firms to manage their financial, client, and project data from one centralized system. Elite 3E is a product of Thomson Reuters, a global provider of information, technology, and business solutions.

The software is tailored to meet the needs of law firms, accounting firms, consulting firms, and other professional service firms. Elite 3E is designed to streamline various aspects of service delivery, including project management, billing, financial management, and reporting. It is a highly scalable platform that can be customized to meet the unique needs of different organizations.

One of the most notable features of Elite 3E is its powerful project management capabilities. The platform provides firms with tools to manage all aspects of their projects, including budgeting, resource allocation, task scheduling, and performance tracking. The software also offers real-time visibility into project status and performance, enabling firms to make informed decisions and adjustments as necessary.

Another key feature of Elite 3E is its billing and financial management capabilities. The platform provides firms with tools to manage their billing processes, including time and expense tracking, invoicing, and payment processing. The software also offers advanced financial management capabilities, such as cash management, general ledger, and financial reporting.

Elite 3E also offers advanced reporting and analytics capabilities. The platform provides firms with a range of customizable reports that can be used to monitor performance, identify trends, and make informed decisions. The software also offers data visualization tools that enable firms to explore their data in a more interactive and meaningful way.

Elite 3E was established in 2011 and is headquartered in New York City, New York. The platform has since become a leading provider of professional services automation software, serving thousands of organizations around the world. The company has over 1,000 employees, including a team of experienced developers and customer support professionals.

In conclusion, Elite 3E Professional Services Automation software is a comprehensive software solution designed to meet the unique needs of professional service firms. Its powerful project management capabilities, billing and financial management features, and advanced reporting and analytics tools make it a must-have for firms looking to streamline their operations and enhance their service delivery. Established in 2011, Elite 3E has quickly become a trusted provider of professional services automation software, serving organizations around the world from its headquarters in New York City.



Who is it best for?

Elite 3E Professional Services Automation software is designed to serve professional service firms such as law firms, accounting firms, consulting firms, and other similar organizations. These firms typically have complex business processes and require robust software solutions to manage their financial, project, and client data.

Here are five examples of customers that use Elite 3E Professional Services Automation software:

  1. Deloitte: One of the largest consulting and accounting firms in the world, Deloitte uses Elite 3E to manage their financial operations and streamline their service delivery. The platform has helped Deloitte to improve their billing processes and gain better insights into their financial performance.

  2. Hogan Lovells: A global law firm with over 50 offices worldwide, Hogan Lovells uses Elite 3E to manage their financial and project data. The platform has helped the firm to improve their project management capabilities and enhance their overall service delivery.

  3. Alvarez & Marsal: A leading consulting firm that specializes in restructuring and turnaround management, Alvarez & Marsal uses Elite 3E to manage their financial operations and billing processes. The platform has helped the firm to automate their billing processes and improve their financial reporting capabilities.

  4. Shearman & Sterling: A global law firm with over 850 lawyers across 22 offices worldwide, Shearman & Sterling uses Elite 3E to manage their financial and project data. The platform has helped the firm to improve their billing processes and gain better insights into their financial performance.

  5. Crowe: A leading accounting and consulting firm with over 4,000 employees, Crowe uses Elite 3E to manage their financial and project data. The platform has helped the firm to streamline their billing processes and improve their financial reporting capabilities.

In addition to these examples, Elite 3E serves thousands of other organizations across various industries and geographies. The platform is known for its flexibility and scalability, which allows it to meet the unique needs of different organizations.

Main features and functionalities

Elite 3E Professional Services Automation software can help your business in several ways. Here are some of the ways that the platform can benefit your organization:

  1. Improved project management: Elite 3E provides powerful project management tools that can help you manage all aspects of your projects, including budgeting, resource allocation, task scheduling, and performance tracking. The platform offers real-time visibility into project status and performance, enabling you to make informed decisions and adjustments as necessary.

  2. Streamlined billing and financial management: Elite 3E can help you streamline your billing and financial management processes. The platform provides tools to manage time and expense tracking, invoicing, and payment processing. It also offers advanced financial management capabilities, such as cash management, general ledger, and financial reporting.

  3. Enhanced reporting and analytics: Elite 3E offers advanced reporting and analytics capabilities, enabling you to monitor performance, identify trends, and make informed decisions. The platform provides customizable reports that can be used to explore your data in a more interactive and meaningful way.

  4. Increased efficiency: By centralizing your financial, project, and client data, Elite 3E can help you improve your operational efficiency. The platform offers automated workflows, reducing the need for manual data entry and minimizing errors.

  5. Scalability: Elite 3E is a highly scalable platform that can be customized to meet the unique needs of different organizations. The platform can grow with your business, providing you with the tools you need to manage your operations as you expand.

In conclusion, Elite 3E Professional Services Automation software can help your business by improving project management, streamlining billing and financial management processes, enhancing reporting and analytics, increasing efficiency, and providing scalability. 

What is the actual cost?

Pricing is not available publicly. However, you can call the company or submit your email and a sales representative will contact you within one business day.

ITQlick pricing score is 4.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Elite 3E. You can also find here pricing information from Elite 3E's website.

Pros

  • Elite 3E PSA has deep integration with Elite financial management systems, providing a seamless flow of data between the two systems. This integration can help reduce errors and improve overall efficiency in financial management.
  • Elite 3E PSA offers a robust time and expense management system that allows for easy tracking and reporting of billable hours and expenses. The system also offers real-time visibility into project status, helping to improve project management and resource allocation.
  • Elite 3E PSA offers customizable workflows and reporting, allowing organizations to tailor the system to their specific needs. This flexibility can help organizations streamline their processes and improve overall efficiency.

Cons

  • Due to its advanced features and capabilities, Elite 3E PSA may have a steeper learning curve compared to some of its competitors, which could potentially slow down adoption and impact user adoption.
  • While Elite 3E PSA offers deep integration with Elite financial management systems, it may have limited third-party integrations compared to some of its competitors, which could limit its overall flexibility and interoperability.

How it stacks up?

Access a head to head analysis of Elite 3E vs alternative software solutions.
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Q-Flow A...
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NetSuite...
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85/100
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20

Frequently Asked Questions (FAQs)

Is it the best Professional Services Automation system?

Elite 3E is ranked 1 out of 109 software in their category (Professional Services Automation systems).

How they are rated on ITQlick?

The rating of Elite 3E is 4.7 stars out of 5 and the total score is 92 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Elite 3E makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently Elite 3E can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Elite 3E and alternatives?

Is Elite 3E right for you or your business?

Legal practitioners seeking a professional services automation system that helps broaden strategic visibility over clients, data, and business operations will align with Elite 3E. With Elite End-users can simplify and boost firm-wide compliance.

List of categories

Team Collaboration
Practice Management
Workflow Management
Accounting & Finance

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.