Mitratech InvoiceIQ
Legal AI Invoice Review
Improve Accuracy and Efficiency to Reduce Legal Spend
Smarter Invoicing, Smoother Operations. What's the Secret Behind AI Invoice Review Software?
Minimize Legal Spend with Less Payment Errors
AI Invoice Review Software uses advanced machine learning to streamline and enhance the accuracy of invoice processing. By applying standardized criteria to every invoice, it reduces discrepancies, ensures compliance, and delivers consistent results.
A standout feature is its ability to analyze line-item descriptions in context, pinpointing errors, inconsistencies, or non-compliant charges with precision. This minimizes manual effort, accelerates approvals, and simplifies workflows for finance and legal teams.
Your Invoice Review Process Doesn’t Need to be Costly, Inefficient, or Time Consuming
AI Invoice Review Software is crucial for reducing legal spend by identifying inefficiencies and minimizing unnecessary costs. It enforces your specific billing policies using automated rules, ensuring consistent compliance and preventing overbilling.
It also provides standardized, granular visibility into your law firms’ activities, giving you a clear view of where time and resources are being allocated. This insight fosters accountability, improves decision-making, and helps optimize legal operations for greater financial control.
Elevating the Invoice Review Process with Machine Learning
Improve Accuracy and Efficiency in the Invoice Review Process
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Time Savings
Leverage Machine Learning technology to automate line item categorization and save your team time.
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10-15% Cost Savings
Enforce billing policies with invoice line item recommendations, which allow you to reject or adjust line items and save 10% or more in legal spend annually depending on your billing guidelines.
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98% Accuracy
Use Natural Language Processing that provide consistent categorization for invoice line items, aiding in reporting with precision.
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Book a demo to learn about how Mitratech can reduce legal spend with InvoiceIQ
Request a Demo“By the time an invoice gets to an attorney, that attorney only has to review a small subset of line items that contain warnings or adjustments instead of the entire invoice, which saves a tremendous amount of time.”
Unlock Your Personalized Comparative Dashboard
The Comparative Dashboard allows you to evaluate a law firm’s performance against others by using InvoiceIQ metrics, with the ability to filter and compare firms side-by-side.
Diversity Comparison
Compare the distribution of hours and fees by gender or race for a specific firm and those for multiple firms or preferred firms to see the diversity goals on specific areas, as following widgets in the dashboards:
- Spend by Gender
- Hours by Gender
- Spend by Race
- Hours by Race
Expenses Comparison
Compare expenses by MitraCode for a specific firm and those for multiple firms or preferred firms to see the cost and time spent on specific areas.
Invoice Compliance Comparison
Look at where adjustments are occurring on invoices. These dashboards represent the counts of adjustments rather than the value of them. The dashboard points out areas where a specific firm has more compliance issues than all or a group of firms.
Timekeeper Rates Comparison
Compare billed timekeeper rates for a specific firm and those for multiple firms or preferred firms using the invoice line items. As part of the Vendor comparative dashboard, vendor rates dashboard report provides users a quick overview of metrics, as following widgets in the dashboards:
- Billed Rates by Timekeeper for the last 12 months
- Average Timekeeper Rate by Category for the last 5 Years
Reduce legal spend, enforce billing policies, and get greater visibility into your legal operations.
Request a Demo©2025 Mitratech, Inc. All rights reserved.
©2025 Mitratech, Inc. All rights reserved.