ELM Solutions
Empowering corporate legal operations with comprehensive spend and matter management.
Executive Summary
ELM Solutions by Wolters Kluwer offers a comprehensive suite of tools designed to meet the evolving needs of corporate legal operations departments. This platform empowers legal teams to efficiently manage legal spend, streamline matter management, and ensure compliance with internal and external billing guidelines. By centralizing critical legal data and automating key processes, ELM Solutions helps organizations gain greater control and visibility over their legal operations. The solution integrates advanced capabilities such as AI-powered legal bill review through LegalVIEW BillAnalyzer, which leverages patented artificial intelligence to identify non-compliance and potential cost savings. It also facilitates enhanced collaboration among in-house counsel and external law firms, ensuring consistent application of e-billing guidelines and pricing agreements. Ultimately, ELM Solutions enables corporate legal departments to optimize their operational efficiency, reduce legal costs, mitigate risks, and make data-driven decisions to improve overall legal department performance.
Use Cases
- Legal Spend Management
- Matter Management
- Legal Bill Review and Compliance
- Corporate Legal Collaboration
Features
Visibility
- Matter Management Visibility: Gain a comprehensive view of all legal matters, their status, and associated costs.
- Legal Spend Analytics: Visualize legal spend patterns, identify trends, and monitor budget adherence across departments and vendors.
Intelligence
- AI-Powered Bill Review: Automate the review of legal invoices against predefined rules and e-billing guidelines using patented AI.
- Predictive Spend Forecasting: Leverage historical data to forecast future legal spend and identify potential financial risks.
Technical Specifications
- Deployment
- Hybrid
- API Available
- Yes
Security & Compliance
Certifications: SOC 2, GDPR
Encryption: Data at rest and in transit is encrypted using industry-standard protocols.
Pricing
- Model
- Contact sales for custom pricing
- Starting Price
- Contact sales
- Target Customer
- Enterprise
- Contract Type
- Annual
About Wolters Kluwer
Wolters Kluwer N.V. is a Dutch multinational company. It provides information, software, and AI solutions for professionals in healthcare, tax, accounting, finance, legal, and compliance sectors.