OnitX Legal Spend Management Description
Manage your legal expenses with industry-leading insights and complete transparency. OnitX Legal Spend Management will keep your expenses on track and help you establish Legal as an important partner in your company. Onit's software for legal spend management allows you to make data-driven choices about legal partnerships, accruals and reserves, risk assessments, and a budget that is free of surprises. Manage invoices by submitting, reviewing, and approving them in a single collaboration tool. Create and enforce billing policies to analyze invoices, and track authorized timekeepers and rate in one place. Analyze invoices using AI recommendations, compare performance to budgets, and view trends in your matter-portfolio from your external law firms or vendors.
OnitX Legal Spend Management Alternatives
PSOhub
You can create standalone projects easily or use your favorite CRM to do it in one click. All project details are available at a glance. You can also plan your resources using built-in Gantt charts. You can assign tasks, visualize progress of projects, increase team collaboration, reduce waste, and break down projects into organized tasks. PSOhub's Task Manager allows you to eliminate spreadsheets and make everything online. Self-driving time tracking allows you to bill clients more accurately and spend less time on timesheets. PSOhub makes it possible to stop making assumptions about resource allocation. Real-time insight allows you to manage your team and see what is ahead. PSOhub automates the invoicing process by automatically entering data. It's never been easier to bill clients and get paid.
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Coyote Analytics
Your law firm's profits and expenses must be analyzed in order to remain profitable. Integrating a reliable, intuitive, and accurate financial reporting system with law firm account software can reduce or eliminate human error. This will allow you to identify the areas that are performing well and those that need improvement. You can establish, manage, meet and exceed your firm's financial goals. This includes tracking profitability for the firm, timekeepers, practice areas and client matters.
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TyMetrix 360
Legal billing can be simplified and matters managed more efficiently with TyMetrix® 360deg. TyMetrix®, 360deg allows you to manage everything, from invoices and matters to budgets and rates. It's all in one, ready-built, simple-to-use, and easy-to-learn solution. To improve staff efficiency, streamline legal matters management. To improve the outcome of your matter and to reduce costs, strengthen collaboration with outside counsel. Easy-to-use reports that give real-time visibility to legal spend and other performance metrics can improve decision-making. System support costs can be reduced and total cost of ownership can be decreased. Invoice testing rules that detect billing errors and enforce compliance to billing guidelines automatically catch them. Multi-currency support available for more than 180 currencies, credit note handling and other VAT compliance features. You can instantly get an overview of your legal spend and other key performance indicator (KPIs) with more than 30 standard reports.
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CounselLink
LexisNexis®, CounselLink®, is the most popular cloud-based legal management software that allows corporate legal departments to have 100% visibility into all matters. This helps them to control costs, maximize productivity and make better decisions. You can improve the predictability of legal spending by having complete visibility into both print and electronic invoices, down to the line item detail, so you have total control over every penny spent by your department. SmartReview rules engine saves time and automatically adjusts charges to meet your billing guidelines. To improve the efficiency and effectiveness of your legal department, collect, organize, track and audit all legal work. As you work together on budgets and assign law firms, you can strengthen your relationships with them. You can also rate and score law companies to objectively and consistently assess their performance.
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Company Details
Company:
Onit
Year Founded:
2011
Headquarters:
United States
Website:
www.onit.com/legal-spend-management/
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Product Details
Platforms
SaaS
Type of Training
Documentation
Live Online
Webinars
In Person
Videos
Customer Support
Phone Support
Online
OnitX Legal Spend Management Features and Options
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