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What is OnitX Legal Spend Management?

Take control of your legal spending by ensuring thorough tracking and transparency, supported by premier industry knowledge. With OnitX Legal Spend Management, you can effectively align your expenditures and transform the Legal department into a key, collaborative partner within your organization. This legal spend management solution empowers you to make strategic decisions regarding legal relationships, budgets, reserves, accruals, and risk assessments, helping you to avoid unforeseen costs in both the immediate and distant future. Optimize invoice management through a centralized platform designed for seamless submission, evaluation, and approval workflows. Establish and enforce billing standards to rigorously examine invoices while simultaneously overseeing authorized timekeepers and their respective rates—all from a single, centralized location. Harness AI-driven analytics to evaluate invoices, track performance against financial goals, and identify trends in your dealings with external law firms and service providers, which ultimately leads to more informed strategic choices for your legal operations. This holistic strategy not only boosts transparency but also cultivates trust and operational efficiency within your legal spending practices, paving the way for a more effective management system. By adopting these practices, you can position your legal team to better support the broader goals of your organization.

What is Milliman Datalytics-Defense?

The AI-driven legal spend management solution stands out in the market due to its remarkable analytical features. It uncovers patterns and inconsistencies in litigation costs, showcasing effective methodologies while revealing potential areas for enhancement. The innovative e-billing platform, Milliman Datalytics-Defense®, utilizes AI to evaluate your firm's operational effectiveness, streamlining the invoice review process by identifying questionable charges, reducing unnecessary expenses, and highlighting best practices across the organization. Developed by actuaries with significant experience in the insurance industry, this solution provides a profound understanding of the field's complexities. With our focus on insurance, you can have confidence in the capabilities of our product. The Datalytics-Defense solution effectively consolidates fee and expense data from all vendors involved in the claims process and employs proprietary data-mining techniques to extract critical insights from defense counsel invoices, ultimately improving decision-making and operational efficiency. By merging advanced analytics with a dedicated focus on the insurance sector, our solution not only enhances financial performance but also empowers firms to adapt to evolving market challenges, ensuring long-term sustainability and success.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
BusyLamp
Duck Creek Suite
Onit Catalyst for Contracts
Onit Catalyst for ELM
OnitX Contract Lifecycle Management
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Matter Management

Integrations Supported

Amazon Web Services (AWS)
BusyLamp
Duck Creek Suite
Onit Catalyst for Contracts
Onit Catalyst for ELM
OnitX Contract Lifecycle Management
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Matter Management

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

Onit

Date Founded

2011

Company Location

United States

Company Website

www.onit.com/legal-spend-management/

Company Facts

Organization Name

Milliman

Company Location

United States

Company Website

www.milliman.com/en/products/Datalytics-Defense

Categories and Features

Legal Spend Management

Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management

Categories and Features

Legal Spend Management

Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management

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