Wolters Kluwer ELM Solutions Podcast Examines LegalVIEW BillAnalyzer’s Influence on Spend Management Practices in the Legal Industry
In honor of LegalVIEW BillAnalyzer’s five-year anniversary, ELM Solutions experts discuss the growth of the solution’s AI algorithm
In the podcast,
“The AI algorithm powering LegalVIEW BillAnalyzer has benefitted enormously from five years of use by legal experts spanning a number of different enterprises and industries,” Solomon says. “We look forward to expanding the market-leading insights and nuance offered by our AI even further over the next five years to come and would like to thank all of the clients and ELM Solutions employees who have already joined us on this journey.”
In addition to LegalVIEW BillAnalyzer, AI also drives ELM Solutions’ LegalVIEW Predictive Insights module, which uses predictive budgets and cycle times to help legal departments select the best law firm for a given matter. Both solutions leverage data from ELM Solutions LegalVIEW database, already the most comprehensive legal spend database in the world before crossing the threshold of more than
ELM Solutions, part of Wolters Kluwer GRC, is the market-leading global provider of enterprise legal spend and matter management, contract lifecycle management and legal analytics solutions. The company provides a comprehensive suite of tools that address the growing needs of corporate legal operations departments to increase operational efficiency and reduce costs. Corporate legal and insurance claims departments trust its innovative technology and end-to-end customer experience to drive world-class business outcomes. The other legal solutions business of Wolters Kluwer GRC is
About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2021 annual revenues of
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(Including Wolters Kluwer ELM Solutions,
Senior Director,
Governance, Risk & Compliance Division
Wolters Kluwer
Office +44 20 3197 6586
Paul.Lyon@wolterskluwer.com
Frank Ready
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Governance, Risk & Compliance Division
Wolters Kluwer
717-205-3647
Frank.Ready@wolterskluwer.com
Source: Wolters Kluwer