“We’ve always conducted a cash-based profitability analysis with a focus on reporting past performance. With Spotlight we’re able to analyze profitability from both a cash-based and accrual-based perspective, giving us a clear picture of past profitability, an insight into future profitability, and the analytical tools necessary to improve profitability and price matters more effectively.”
By incorporating the legacy Redwood™ accrual-based profitability model, Spotlight analytics delivers valuable insights into past performance and provides the detailed analytics necessary to effectively manage and forecast firm profitability.
Better Understand Your Business
Actionable data and forward-looking analytics provide unique understanding of what is happening behind the curtain.
Identify Improvement Opportunities
Easily identify areas of improvement by drilling into multiple data sources and then define the steps for corrective action. Deliver customizable views of performance by matters, individuals, practice areas, offices or across the firm.
Build the Profit Model
With a best practice allocation model, and easy-to-use web-based administration tool, Spotlight makes building your profitability model easy to import expense records, FTEs, and standard hours and map ledger accounts.
