What is legal bill review management software?
Legal bill review management software automates the process of reviewing legal invoices to ensure compliance with billing guidelines. It helps legal departments and law firms control costs, detect billing errors, and improve billing accuracy.
Save Time, Money, and Sanity on Your Legal Bill Review Process
In a world of overcomplicated invoice line items and legal billing codes, we make it simple.
AI-Driven Bill Review Technology + Audit Experts = 97%+ Invoice Accuracy.
More accuracy and fewer errors mean:
- Better insights into your data
- Elevated vendor relationships
- Lower expenses
- More time back for value-driving projects
Uncover the Benefits of Expert-Driven Legal Bill Review Management Software
Unmatched visibility into legal spend and law firm performance with cutting-edge analytics and dashboards – to not just collect data, but take action.
- AI-driven technology plus spend experts ensure that even nuanced line items are captured and accounted for.
- Less line items to review means more recovery time for your team to focus on their most strategic matters
- Improved legal billing compliance and repeatable cost savings
- Real, meaningful results and decision-driving analytics for better resource allocation, workload distribution, and reporting
Every team has to review invoices.
The best are using Mitratech Managed Bill Review to save time and money.
Legal Bill Review Use Cases For Your Team
Unsure of where to begin on your legal bill review journey? Dive into the following peer-tested use cases and applications:
Streamline the Invoice Approval Process
By automating the review process, Managed Bill Review allows legal departments to approve or reject invoices quickly, reducing administrative burden and speed up the payment process time.
Gather Data-Driven Insights on Legal Spend
Managed Bill Review provides detailed analytics and reporting on legal spend, enabling your team to make data-driven decisions surrounding outside counsel performance and resource allocation.
Improve Budget Forecasting
With real-time insights into legal billing trends, Managed Bill Review can help your legal department improve its budget forecasting and better manage financial planning across multiple matters or cases.
Ensure Adherence to Alternative Fee Arrangements (AFAs)
Managed Bill Review helps monitor compliance with alternative fee arrangements, ensuring that negotiated AFAs are accurately reflected in invoices and preventing unexpected costs.
Control Billing Costs and Drive Guideline Compliance
Managed Bill Review ensures that outside counsel’s invoices comply with billing guidelines, helping corporate legal teams control costs by identifying errors, overcharges, or non-compliant entries in legal bills.
Mitratech has helped customers worldwide reduce annual costs and save hours on invoice review.
2-3FACHER ROI
von Kunden berichtet
$4.5B
in den bisher überprüften Daten über Rechtskosten
97%
Vorhersagegenauigkeit mit AI + ML-Kategorisierungstechnologie
Ready to get the full picture of your legal spend and billing guidelines?
Eliminate Compromise with the Market’s Leading Legal Bill Review Management Software Suite
Matter management
Die am weitesten verbreitete und ausgereifte Software für die Verwaltung von Rechtsangelegenheiten und die elektronische Rechnungsstellung, die von den komplexesten Rechtsteams auf der ganzen Welt genutzt wird.
Inter-connected data and analytics platform
The PlatoBI Legal Spend Dashboard provides a comprehensive view of legal expenses by highlighting key metrics and trends.
eBilling
Reichen Sie elektronische Rechnungen ein, übermitteln Sie Zeitnehmerinformationen und Tarife, erfassen Sie Verhandlungen, arbeiten Sie gemeinsam an Budgets und vieles mehr. Verbessern Sie die Genauigkeit der Rechnungsdaten um über 70 % durch maschinelles Lernen und kontextbezogene Erkenntnisse.
Inter-connected Data & Analytics Platform Unlocks Deeper Insights and the Potential of Your Data
In Mitratech’s MBR, the PlatoBI Legal Spend Dashboard provides a comprehensive view of legal expenses by highlighting key metrics and trends. This allows legal teams to make informed decisions and optimize costs based on metrics such as– amount billed, cases billed, invoice count, processing time, and more.
Erfahren Sie mehr über das PlatoBI Legal Spend Dashboard
Frequently-Asked Questions About Legal Bill Review Management Software
Legal bill review solutions combine intelligent invoice review software with legal experts, adding human context to the equation to capture even nuanced line items and guideline inconsistencies.
The software uses automated algorithms and AI to analyze legal bills against predefined guidelines. It flags discrepancies, suggests adjustments, and provides detailed reports for review, streamlining the entire billing process.
Key features include automated invoice analysis, AI-driven insights, customizable billing guidelines, detailed reporting, integration with existing systems, user-friendly interface, and real-time monitoring.
Yes, most legal bill review management software solutions offer customizable features to align with specific billing guidelines, organizational needs, and integration requirements.
