In the run up to its event sponsorship of LawTech Futures in April, revenue optimisation specialist Nexum Software will be running a series of webinars exploring its Revenuetion concept.
The webinars will examine some of the major financial challenges facing law firms, including extended lock-up, growing WIP, rising write-offs, and reduced credit, and set out how nexumRevenuetion is already successfully addressing these for Top 100 law firms.
The audience will gain insight into how a ‘revenuetionary’ balance of technology, process and approach can transform revenue policies, offering potential improvement of up to 40% across key metrics such as cash collection, debtor days, realization and bad debt.
The webinars will also highlight The Lab initiative, a low-cost, tightly controlled ‘proof of concept’ project. Nexum consultants work with a small, cross-functional group of client stakeholders to experiment and reengineer around revenue management and the WIP to cash process; with software, methodology and mindset proven at a micro level, the group then collaborates to roll it out at a macro level.
The next webinar is this Friday (8 February from 11am) and the series runs through until 8th March. Full webinar dates and registration details can be found at http://www.therevenuetion.com/webinars/