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What is LegalVIEW BillAnalyzer?
Elevate your legal bill review procedures by incorporating cutting-edge patented AI solutions alongside the knowledge of legal and data specialists, which will lead to substantial cost savings and enhanced compliance with billing standards. By implementing these strategies, you can achieve a control over legal expenses that offers potential savings of up to 10%, while simultaneously increasing adherence to billing guidelines by as much as 20%. This optimization enables legal professionals to focus on higher-level strategic initiatives that contribute more significantly to their organizations. Furthermore, you will gain critical insights into billing patterns and key performance metrics, which will encourage ongoing improvements in billing practices and the enforcement of compliance measures. Whether you choose to engage our dedicated experts to manage your bill review process or prefer to rely on your internal team, our AI-driven BillAnalyzer services can be customized to fit your distinct needs. By harnessing the power of AI in conjunction with legal acumen, you can proficiently oversee every facet of your legal bill review operations. Our advanced AI technology not only identifies trends within your invoices but also pinpoints potential discrepancies, continuously refining its precision over time. Embracing this combined approach not only simplifies the review process but also equips organizations to exert tighter control over their legal expenses, ultimately enhancing overall financial health. Consequently, your organization can achieve a more efficient and effective legal billing system that supports long-term growth and sustainability.
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.
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
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
Wolters Kluwer
Date Founded
1836
Company Location
Netherlands
Company Website
www.wolterskluwer.com/en/solutions/enterprise-legal-management/legalview-billanalyzer
Company Facts
Organization Name
Conduent
Date Founded
2017
Company Location
United States
Company Website
www.conduent.com/solution/legal-operations-solutions/legal-invoice-analytics/
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