Leading midsized US law firm Hirschler has implemented BigHand to automate its budgeting and forecasting, making the process more efficient, accurate and productive.
The finance team chose BigHand Budgeting and Forecasting, following an upgrade of their existing practice management solution to set the firm up for financial success in any economic landscape. Due to system integration compatibility and pricing, BigHand Budgeting & Forecasting was the top choice.
Ebie Cullen, Controller at Hirschler, reflects, “In the current economic landscape, it’s really important to have accurate budgeting to stay competitive, and a tool like BigHand Budgeting and Forecasting is invaluable to streamlining the process. One of the things that drew us to this product is how timekeeper focused some of the features are. The solution can give us a holistic view of what each timekeeper has brought into the firm historically and what they need to bring in to meet our financial goals for the year.”
Creating a fully automated budgeting process, the software allows for secure budget entry and management by line item. Staff can securely enter budgets for only their areas of responsibility, which frees up management and improves accountability.
Ebie adds, “Easily configurable rules around compensation makes budgeting for compensation much more efficient. The tool is easy to use and will help us remain agile with any reforecasting needed in the year.”
Before retiring, their former controller handled most of the budgeting process in various Excel spreadsheets and workbooks. To provide historical data and create the budget for the year was a slow, manual undertaking.
“2023-year end was challenging with our previous controller retiring, but BigHand made the budget process possible by streamlining and automating data from multiple sources.” says, Ebie.
Ebie concludes, “The implementation process was smooth, and BigHand was always there to help. The team at BigHand is extremely knowledgeable and that level of care in customer service goes a long way.”
To see how BigHand Budgeting & Forecasting can support your firm, book time with one of our specialists.