Elite today (12 August) announced that demand for cloud migration rose sharply in 2025, with a 75% increase in SaaS subscription usage. Momentum for Elite’s invoice management solution, Elite Payments by Tranch, is also said to be accelerating, with a threefold increase in monthly transactions since January. Five new firms recently adopted Elite Payments, including Clark Hill, Gentry Locke, and Greenspoon Marder.
Elite also announced 3E product updates: Elite Payments is now natively embedded in 3E; later this year customers will gain new ways to access near real time, centralised data through a data lake in customers’ Microsoft Fabric instance that is fully managed by Elite; and next year Elite will introduce an AI assistant to review proformas.
Speaking to Legal IT Insider at ILTACON 2025, Elite’s CEO Mark Dorman said: “This announcement is really about the cloud momentum we’re seeing, and by cloud we mean our SaaS multi-tenant platform. We’re seeing great momentum as well as adoption.”
Elite acquired payments platform Tranch earlier this year and Dorman said Elite Payments is now embedded, commenting, “that’s because we’re SaaS native and there is no rebuild required.”
With regard to customers being able to access their data in near real team through Microsoft Fabric, Dorman said that they will get easy access to their data via a dashboard and that Elite will also support firms if they have Power BI.
The AI agent for proformas out next year will also be embedded in the platform, Dorman said, reducing a significant amount of back and forth. This is being announced now as part of Elite’s new quarterly updates and Dorman said: “A big advantage of our cloud platform is that every quarter we can innovate on that and embed AI across the workflow. The next level is an agentic experience embedded in the workflow, not some separate application.”
Elite is still developing its on premises software and 3.2 comes out in Autumn. Dorman said: “Each firm has its own journey to the cloud and we will continue to update and support. The opportunity for the cloud is all the new technology and capabilities that you can take advantage of immediately.”
Chief product officer Elisabet Hardy told us: “People are moving to the cloud at a much higher speed and the separation of what you can do on premises and in the cloud is widening so much faster. Maybe before people didn’t see enough proof points but now the proof points are there and it’s really exciting. The next step is for people to think about how they want to leverage the technology in a way that you couldn’t do before because you were busy maintaining and integrating your application.”
In a statement Jen Fante, COO/CFO of Greenspoon Marder said: “We see substantial value in leveraging 3E in the cloud, with its continuous enhancements, and updates that don’t require full system upgrades. These tools not only streamline our operations but also empower us to deliver even more efficient and tailored client services.”