Predict smart sourcing decisions with AI
Balancing cost reductions with operational efficiencies can feel like an impossible but critical balance to maintain for procurement leaders.
Wolters Kluwer ELM Solutions provides AI-powered solutions for legal departments to ease the pain. Our solutions provide the vendor performance and spend data you need to make data-driven decisions that achieve the balance necessary to deliver value to the business.
With 77%* of industry leaders already experiencing efficiency gains from AI, our approach to total spend management delivers insights that put you in control of vendor negotiations, contract oversight, and procurement operations. Workflow automation empowers smarter, faster decisions that enhance sourcing strategies and ensure long-term savings.
Streamline processes. Cut costs. Improve compliance and vendor relationships.
Wolters Kluwer’s approach to total spend management for legal departments combines proven AI-powered solutions, deep domain expertise, and predictive analytics. It gives your business leaders the data clarity they need to establish financial stability, mitigate risk, and make smart sourcing decisions.
By streamlining processes and optimizing operational workflows, we equip your team to make faster, more informed decisions. With a strong commitment to responsible AI and a proven track record of success, our solution gives you greater visibility and control over your data and expenses—driving productivity and long-term financial stability.
Why it matters
Increase cost control
Ensure billing compliance to address spend leakage at the source
Maximize ROI
Align procurement strategies with cost-saving initiatives, delivering a measurable return on investment
Faster decision-making
Act on data that enables quick, informed decisions that keep you ahead of market trends
Operational agility
Ensure your team can adapt to changing market conditions and organizational goals for continuous process improvement
Real-world examples
"We were successful in meeting first-year cost-saving expectations, and measuring key metrics has allowed us to maintain clear, easy-to-read reporting to our key stakeholders to communicate program benefits, outcomes, and greatest points of success."
– PNC Bank
"We're excited about using AI to improve our bill analysis process. An AI engine that looks at the invoices and is constantly learning, backed by a group of legal professionals interpreting that data, is a very powerful combination."
–The Chemours Company
Discover today's best content for procurement professionals
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Ensure that your team is well-positioned to address your legal spend management challenges.
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Access more content
eBook: Achieving optimal efficiency with AI-powered legal bill reviewPodcast: How DHL is using data, annual reviews, and billing guidelines to tackle rate negotiationsInfographic: Control legal costs, advance legal operations excellenceeBook: Is your corporate legal department future-ready?Case study: Commit to compliance to control legal spend at the sourceInfographic: Why Wolters Kluwer ELM Solutions?
We stand by our approach to total spend management and its proven ability to deliver compliance-led savings.
Our team is prepared to personalize your savings potential with a spend analysis.
Request your spend analysis today to understand the three-year cost savings your business can expect from adopting total spend management.
- Transparent vendor management
- Compliance-led savings
- Data-driven rate negotiations and decision-making
- Improved efficiency