6 Ways to Sell a Legal Management Software Solution to Executives | Mitratech Holdings, Inc

0


Reduce costs and maximize value with accurate electronic invoicing and expense analysis

How much money is wasted on inaccurate electronic invoicing information and control? Benefit from greater accuracy and detailed control of external advice spending. A good legal management solution allows the simplified creation of detailed records for each step of the invoicing and payment process, apply billing guidelines while keeping flexibility in your agreements. Meanwhile, you can integrate your legal management tool seamlessly with complaints and PA systems.

Even better, discover the real value provided by an outside lawyer by analyzing how their costs compare to results, thus increasing your confidence in selecting companies for future projects.

Legal management softwareStreamline and speed up your processes

Increase operational efficiency and staff time savings. Example: get as much as 75% of your time back when opening and assigning new topics.

Create an established standard for every legal issue within your system. This allows teams to compare cases and complaints against each other to gain insight into every moving item in a file. This may include practice area, subject type, budget, and much more.

Improve risk mitigation

Reducing the number and cost of regulatory non-compliance incidents can certainly boost your company’s reputation. And preserve its bottom line.

A leading legal management software solution enables businesses to avoid disputes and reduce fraudulent claims payments by 10% by ensuring and standardizing best legal practices.

Create a single, secure source of truth

Gather easy to lose, potentially critical information and documents in a single repository. For even the simplest legal questions may require the use of information which today may be widely dispersed.

Make sure documents, clauses, and other key data are centralized and consistent for all users. Mitratech solutions give you a single source of truth that you control access to and that meets the highest data security standards in the industry.

Leverage analytics and reports for better results

Never start a business again or achieve results without relying on data-driven insights. Capture tendencies, seen forecasts, and predict spend all from easy-to-configure reporting dashboards, increasing confidence in every decision and creating long-term value for the entire organization.

Staff can generate reports in a fraction of the previous time and use that information to answer complex questions and generate more favorable results.

Legal management softwareImprove the way Legal serves the whole business

Ask management: “The involvement of the legal in other areas of the company resurrected Where fallen in the past 5 years? ” Chances are, this will increase as the complexities of compliance and regulation continue to grow for every business.

Purchasing, IT, finance and human resources are just a few of the departments that work with the legal department on a daily basis. It is more critical than ever to have a system in place that allows other business units to access and apply legal best practices, and so that managers have visibility on all tasks or questions related to law in the company … even outside the legal department!

Get the at the right size legal management software solution

Something to keep in mind for prospective adopters when investigating legal management software vendors? To ensure that the solutions they are evaluating are the right size for their business need. This is the “Goldilocks dilemma” – which system best suits the needs of an organization, not just today but in the future.


Share.

Comments are closed.