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What is Conduent Legal Invoice Analytics?

More than 50% of a legal department's budget is often directed toward external law firms, driving many organizations to meticulously audit invoice payments that may consist of thousands of line items annually. By improving compliance measures and reducing instances of overpayment, clients can realize cost savings ranging from 5% to 10% on their expenditures for outside counsel. Moreover, optimizing the invoice review process has the potential to reduce the time dedicated to this task by nearly 80%. This efficiency not only provides reliable data but also empowers law departments to extract strategic insights that can lead to additional savings. Additionally, it can effectively minimize overspending on outside counsel by as much as 10%, guaranteeing a positive return on investment from the outset through thorough billing evaluations and expedited payment procedures. The implementation of automated invoice analysis alleviates the workload on legal department personnel while also cutting down the time typically required for these evaluations by up to 80%, thereby enhancing efficiency and cost-effectiveness in legal expenditures. In summary, such organized strategies can profoundly reshape the financial dynamics within legal departments, fostering a more sustainable approach to managing legal costs.

What is Accurate Legal Billing?

Accurate Legal Billing Software is a cloud-based solution equipped with AI features that assists law firms in generating and submitting invoices that fully adhere to their clients' billing requirements. This innovative software includes capabilities for multilingual and multi-currency invoice preparation, enhancing its versatility for diverse clientele. Furthermore, it offers tools for budget creation and tracking, daily activity documentation, performance metrics for law firms, and allows for seamless conversion of invoices into various standard formats. The platform automates billing reviews and simplifies the process of obtaining approvals for any discrepancies. Users can efficiently transmit necessary entries directly to claim adjusters, ensuring prompt communication and resolution. ALB 2.0 serves as an invoice cleansing tool that integrates smoothly with the main ALB platform, ensuring that all invoices generated are compliant and free from reductions imposed by legal bill review vendors, thereby streamlining the billing process for law offices. With its comprehensive features, this software ultimately enhances operational efficiency and client satisfaction in legal billing practices.

Media

Media

Integrations Supported

V-Person
aarwinMEP

Integrations Supported

V-Person
aarwinMEP

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$30 per user per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Conduent

Date Founded

2017

Company Location

United States

Company Website

www.conduent.com/solution/legal-operations-solutions/legal-invoice-analytics/

Company Facts

Organization Name

Accurate Legal Billing

Date Founded

2018

Company Location

United States

Company Website

accuratelegalbilling.com

Categories and Features

Legal Billing

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking

Categories and Features

Legal Billing

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking

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