Clarity Systems launches Clarity 6.1 Legal Edition



    New edition of corporate performance management solution provides
    comprehensive planning, forecasting and financial reporting for the legal
    industry

    LAS VEGAS, June 26 /CNW/ - Clarity Systems, a leader in corporate
performance management (CPM) solutions, today announced the launch of Clarity
6.1 Legal Edition, a solution designed to help professional services
organizations better perform and manage their budgeting and forecasting
activities. The new release is being showcased at the annual 2007 Thomson
Elite User Conference being held at the Wynn Las Vegas from June 26 to
June 28.
    As part of the highly functional Clarity 6.1 software solution, the Legal
Edition includes sophisticated capabilities such as predefined data models,
advanced acquisition forecasting and modeling functionality, business
intelligence dashboards, and a complete financial reporting package. These
enhancements are specifically designed to meet the complex performance
management needs of law and other professional services firms.
    "Clarity 6.1 Legal Edition has helped us to organize our budget and
allows us to standardize and maintain a common budgeting process," says Julie
Rosenberg, Controller at Hodgson Russ. "Previously when someone had a question
about the budget it was a matter of pulling out physical files or pulling up
spreadsheets to confirm what the numbers mean and where they came from. Now
everything is right at our fingertips. With Clarity, we can breakdown all
information by practice area and department to compare budgets to actuals,
analyze profitability, and conduct cost analysis."

    
    Some of the new features in Clarity 6.1 Legal Edition include:

    Predefined data models

      -  Provides pre-defined planning data models that represent best
         practices of the legal industry
      -  Offers easy configuration to meet a firm's specific planning and
         reporting requirements
      -  Multi-currency support

    Advanced acquisition forecasting and modeling

      -  Streamlines 'what-if' modeling to effortlessly generate financial
         alternatives using different parameters
      -  Flexibility to copy, alter data and report variances between
         multiple versions

    Business Intelligence (BI) dashboards

      -  Designs executive dashboards and supports interactive charts and
         graphs with Clarity Visualizer
      -  Creates profitability reports to review a firm's profitability
         across practices or clients

    Full reporting package

      -  Comes with a series of out-of-the-box reports including client,
         timekeeper, analytical and profit and loss reports
      -  Performs ad-hoc financial analysis and financial statutory reporting
      -  Includes drill-through capabilities to access supporting details and
         actual transitions to investigate and understand variances
      -  Creates and distributes highly formatted financial statements
    

    Clarity Systems' expertise in providing legal vertical solutions is
strengthened by their reseller partnership with Thomson Elite, a leading
provider of financial and practice management systems to professional services
markets. The Clarity 6.1 Legal Edition solution connects to Elite Enterprise
and Elite 3E databases ensuring a legal firm's budgeting and forecasting
processes seamlessly feed into each other.
    "Clarity software helps Thomson Elite's customers in their everyday
operations," said John Callahan, director, market segments at Thomson Elite.
"With Clarity 6.1 Legal Edition, we are providing legal firms easy to use
planning solutions with intuitive features, helping them remain efficient,
capture more hours and spend more time on practicing law."
    "Our knowledge in the operations and management of legal and professional
services organizations is evident in the functionality of Clarity 6.1 Legal
Edition," said Paul Hill, COO at Clarity Systems. "The software offers
integrated, out-of-the box solutions necessary to ensure the development of
effective plans for law firms."

    About Clarity 6.1 Legal Edition

    Clarity 6.1 Legal Edition is a comprehensive planning, forecasting and
financial reporting application for the legal vertical. The Legal Edition
leverages the functionality of the Clarity 6.1 software solution to offer
additional capabilities that meet the unique needs of the legal and
professional services industry. It offers easy collaboration during the
budgeting cycle, real time aggregations, driver based budgeting, top down
planning through global assumptions, and bottom up adjustments by regional
offices as well as other processes necessary to create successful plans for
law firms.

    About Clarity Systems

    Clarity Systems delivers superior CPM software solutions, training,
consulting, and advisory services for financial budgeting, planning,
reporting, consolidation, and analytics to a large client base across North
America. With a rich feature set, Clarity 6 is a unified application that
offers the flexibility, security, and control needed to meet compliance
requirements, make more informed business decisions, and ensure better
corporate responsibility. As a Branham 300 top 100 IT company, Clarity Systems
continues to experience a large growth in revenue, expand its client base, and
lead the industry as the CPM solutions' specialist. For more information on
Clarity, please visit our website at www.claritysystems.com or call us toll
free at 1-877-410-5070.





For further information:

For further information: Joanna Bonos, Communications Specialist,
Clarity Systems Limited, (416) 250-5500 ext. 250, Toll free: 1-877-410-5070
ext. 250, pr@claritysystems.com

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CLARITY SYSTEMS LIMITED

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