Analytics software, compared
Most law firms choose between spreadsheets, a BI suite, a planning platform and an enterprise data platform. Each is right for something. This page sets them against the questions law firms actually ask, and shows what each needs before the first answer.
Excel or Google Sheets, with exports pasted in and formulas rebuilt each period. Suits a one-off question that will not come back.
Business intelligence tools for modelling data, building dashboards and sharing reports. Suits an organisation standardising reporting across many teams.
Platforms for budgeting, forecasting and scenario planning, connected to the ledger and other systems. Suits a finance team replacing spreadsheet budgeting across the organisation.
Platforms that integrate an organisation's systems into one governed model and build applications and AI on top of it. Suits a programme to connect many systems across the whole organisation.
Reads the exports law firms already produce and answers the questions below, with every figure computed by our tools and checked. Set up for you within a week.
| Time to the first answer | What it needs | Who builds it | Where “why” comes from | |
|---|---|---|---|---|
| Spreadsheets | Hours, and the same hours again every month | An analyst's time each period | An analyst, by hand, every period | Whatever the analyst builds that month, checked by whoever has time |
| BI suites | Usually days to weeks: a data model built, measures written in the tool's own language, reports designed | A clean data source or warehouse, a data model, and someone who can write the tool's measures | A BI developer or analyst, often in a central data team | A dashboard shows what changed; explaining why is usually a new report someone builds |
| FP&A and planning platforms | Usually months: models built, the ledger and other systems integrated, often with an implementation partner | Model builders, integration with the ERP or general ledger, and an implementation project | Certified model builders, internal or from a partner | Built to produce the plan; explaining the month's variance often goes back to a spreadsheet |
| Enterprise data platforms | Usually weeks to months: sources integrated, a data model or ontology built, then applications on top | Integration work across source systems, a data model, and engineers who build and maintain it | Data engineers, often with the vendor's own engineers or a partner | Possible once the model is built, as an application someone designs for it |
| Covirage | Minutes on a file you already export; set up for you within a week | The exports your systems already produce. No warehouse, no modelling language, no data team | We map the columns once and set the dashboard up for you | An explain block splits every change into its causes; the lines sum to the change, and each opens to its rows |
These are typical patterns, not a verdict on any product. Each kind of tool is right for somebody; the table shows who does the work before law firms get an answer.
| The question | The measure | What Covirage returns |
|---|---|---|
| Which clients are going quiet? | Dormant clients, by prior fees | Clients past their own matter-opening gap, by prior-year fees, with the relationship partner. |
| Which clients use one practice group where similar clients use four? | Practice areas per client against norm | Practice groups per client against the norm for its size and sector, with the fee gap. |
| Where is realisation falling, and on whose matters? | Realisation by client | Fees billed over standard value by client and matter, with the write-offs listed. |
| Who owes us the most, for the longest? | Lock-up by client | Work in progress and debtor days by client, with the ones above threshold and their trend. |
| How dependent are we on a few partners' books? | Partner book concentration | Fees by originating partner, top-five share and the effective number of partners. |
| Which clients came through a referral from another group? | Cross-referral | Matters opened by referral between practice groups, by referring and receiving group. |
Every one is an export your systems already produce. Every way data can arrive is listed on the upload page.
Practice area gaps per client. Reports run by partner and practice. No report lists, per client, the practices it does not use.
Realisation per client over time. A write-off here, a courtesy discount there, and a client is at 74 percent that was at 92 three years ago.
Cross-referral. Origination credit is tracked carefully. Who introduces colleagues to their clients is not.
Each page sets out what the product is built for, where it is strong, and when a lighter option fits better.
Alteryx alternatives · Domo alternatives · Palantir Foundry alternatives
Databricks AI/BI alternatives · Looker alternatives · Metabase alternatives · Power BI alternatives · Qlik Sense alternatives · Sigma alternatives · Sisense alternatives · Tableau alternatives · Zoho Analytics alternatives
Adaptive Planning alternatives · Anaplan alternatives · Pigment alternatives · Planful alternatives · Vena alternatives
It depends on what is in place. With a warehouse and a data team, a BI suite or a data platform gives the most control. With exports and a question that recurs every month, a tool that reads the files and answers the question directly gets there sooner. The table on this page sets the options side by side for the questions law firms ask.
Not to start. The measures on this page are computed from exports law firms already produce: practice management system, matter intake records, billing, time and billing. A warehouse helps when many systems must be joined continuously; it is not a prerequisite for the first answer.
It varies by approach: usually days to weeks: a data model built, measures written in the tool's own language, reports designed for a BI suite, usually months: models built, the ledger and other systems integrated, often with an implementation partner for a planning platform, and minutes on a file with Covirage, set up for you within a week.
In Covirage the AI model never does the arithmetic. It chooses the measure and explains the result; our tools compute every figure and check that the totals reconcile before anything is shown.
Asset managers · Commercial banking · Compliance · Construction and building materials · Consulting and advisory · Customer service · Distributors · Education · Finance and FP&A teams · Financial services · FMCG and CPG brands · Foodservice distributors · Freight brokers and 3PLs · Healthcare and med-tech · Hospitality · Industrial distributors · Industrial manufacturers · Insurance brokers · Investment banking · Oil and gas services · Pharma · Procurement · Retail banking · SaaS · Sales teams · Shipping and logistics · Sports · Supply chain · Tax and accounting · Telecoms and connectivity · Trading · Wealth managers
Bring an export you already produce. The data map opens next, every column mapped once, and the first question is answered in minutes. Free, in your browser, no account. Or talk to us and we will set it up for you.