NEXUM Technology

NEXUM Technology
"Financial Health Check Monitor for your business"

Wednesday 20 March 2013

What can your word power win you?


What can your word power win you?

Nexum Software is marking its event sponsorship of this year's LawTech Futures with the release of a new gaming app. The revenue management specialist, who will be promoting its 'Revenuetionary' approach to law firm financial fitness at the event, has today launched Word Patroller for iPhone.

The game’s 'making words under pressure' format will appeal to fans of App Store classics SpellTower and Boggle while an added competitive element should make for a healthy download rate in the lead up to the show.

"It's a fun, brain-training style game that everyone can enjoy but we thought we'd encourage plenty of participation by running a couple of competitions around LawTech Futures”, explains Nexum’s Jim Stanley.  “These are open to law firm staff, and we'll have one competition running from now until 28th April for those not able to attend the show on the 30th; and the other taking place on the day itself especially for delegates.

Both will work exactly the same way with the highest validated score winning its owner the latest iPad. You'll have to download the game to see what it's all about but one tip I can share with you is to look out for opportunities to spell 'Nexum' and 'Revenuetion' - they'll do wonders for your score!"

To enter the first competition, gamers should email a screenshot of their High Scores page to scores@therevenuetion.com no later than midday

on April 28th. (Press Power and Home buttons together for the screen grab.) There is no limit on how many times the High Scores page can be submitted. To enter the second competition, LawTech Futures' delegates should visit the Nexum stand to present their High Scores page no later than 6pm on 30th April.

To download the game, visit the App Store and search for ‘Word Patroller’ or click here to download from the Apple App store.








John Mullins invites you to his round table discussion: Tackling the financial fitness challenge

John Mullins invites you to his round table discussion: Tackling the financial fitness challenge 

Thursday 9th May or Wednesday 12th June, 9.30am, Law Society

It’s little surprise that fiscal hygiene and financial fitness are at the top of today’s practice agenda. Firm failures, flat revenues, rising costs, increasing competition and price pressure, lending restrictions, delayed distributions, these are just some of the factors coming together to create the perfect storm for UK law firms. It’s the tight ships that will have the best chance of riding that storm successfully, those that are proactively and effectively managing cash, WIP and debt to improve working capital and drive down lock-up.

Led by former COO and CFO of Herbert Smith Freehills John Mullins, the session will explore the current legal landscape and examine practical strategies for:

·       Improving WIP management
·       Increasing billing and collection realisation
·       Limiting write-offs
·       Improving matter profitability
·       Reducing bad debt
·       Accelerating cash to offset interest payments
·       Boosting PEP

As part of the discussion John will share a case study from a Top 20 firm, explaining how it successfully reduced debtor days by 20% in less than six months, achieved a £10m cash acceleration in the same timeframe, and is on track to cut three weeks from its lock-up figures. The aim is to highlight that there are proven methodologies – a potent mix of new thinking, technique and technology – for tackling the financial fitness challenge.

We hope that you can make one of the two planned sessions and look forward to welcoming you. Please note that as places are limited, we will be operating on a first come, first served basis. If you are unable to come but wish to pass the invitation to a colleague, feel free to do so.

Dates: Thursday 9th May or Wednesday 12th June 
(Please indicate preference in RSVP)

Start: 9.30am Registration and Coffee
Finish: 12.30pm Concluding Remarks and Lunch
Location: The Law Society, Chancery Lane, London WC2A 1PL 

RSVP: To book your place please email either email me at sleach@nexumsoftware.com or call me direct on  0845 226 8184



Kind Regards,

Susannah


Susannah Leach
Business Development Manager