Compare BigHand Business Intelligence vs. NaviPlan

BigHand Business Intelligence, powered by Iridium, is a cutting-edge financial business intelligence solution designed specifically for law firms, featuring role-based reporting that presents the appropriate financial information to the relevant individuals through user-friendly dashboards. This adaptable data warehouse eliminates the need for manual reporting, enhancing data visibility from the overall firm level down to individual clients and specific cases. With self-service analytics, users can access pertinent metrics using their preferred visualization tools, allowing for greater control and flexibility. This solution empowers users to enhance cash flow and profitability by providing immediate financial insights. It aggregates crucial financial and operational metrics from various business systems, presenting data as a unified source of truth for the firm's overall performance and profitability. Users can swiftly obtain the answers they require, and the system facilitates the delivery of actionable data to those who need it most, including options for no-code ad hoc reporting to accommodate firms with limited resources. Additionally, it offers both traditional data storage solutions and sophisticated analytical functionalities to meet diverse business needs. This comprehensive approach ensures that law firms can make informed financial decisions quickly and effectively.

NaviPlan® is built upon the industry's most accurate calculation engine for financial planning, enabling firms to tailor their offerings to a wide range of clients, from those seeking simple goals-based assessments to those requiring intricate cash flow analyses. Whether addressing straightforward goals or crafting complex retirement income plans and estate strategies, NaviPlan provides financial advisors with the tools necessary to effectively assist any client who enters their office. It harnesses the power of precise calculations across countless scenarios, encompassing business planning, stock options, insurance advice, in-depth tax evaluation, estate planning, cash flow management, budgeting, Monte Carlo simulations, and retirement strategies. The tax planning software from NaviPlan, built on this top-tier calculation engine, supplies advisors with an array of comprehensive tax tools, including projections for both federal and state taxes, ensuring they can meet the diverse needs of their clientele. This versatility allows financial professionals to enhance their service offerings significantly, making NaviPlan an indispensable resource in the financial advisory landscape.