Delivering measurable value with AI

Today’s CFOs need more than cost-cutting measures—they need solutions that align with their strategies to drive real business value.

Wolters Kluwer ELM Solutions provides AI-powered legal spend management solutions proven to address spend leakage at the source. Up to 20% improvements in billing guideline compliance deliver up to 10% savings on legal spend. Actionable insights extend the value of your data, identifying opportunities to further strengthen financial control for 2025 and beyond.

According to the recent EY AI Pulse Survey*:

77%

of leaders investing in AI are seeing improvements in operational efficiencies.

54%

of leaders are seeing improvements in employee productivity.

73%

of leaders are seeing improvements in competitive advantages.

Our AI helps CFOs achieve their goals with savings that pay for the solution for immediate savings and long-term financial stability.

Reduce spend leakage. Optimize resource allocation. Enable smarter financial decisions.

*New EY research finds AI investment is surging, with senior leaders seeing more positive ROI as hype continues to become reality | EY - US
Total spend management
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. 

 

Calculating the savings and ROI

AI-enabled bill review can help legal departments reduce costs and maximize efficiencies. To illustrate, let us assume that a legal department:

Oversees $20 million in annual outside legal spend

Reviews and processes 10,000 legal invoices annually

Manages approximately 1,800 legal matters that involve outside counsel

Employs 20 full-time in-house counsel

Assuming the above figures are constant over one year, check out the range of estimated savings and ROI you can expect with LegalVIEW BillAnalyzer:

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Why it matters

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Achieve sustainable cost savings
Save up to 10% on legal spend by improving billing compliance and eliminating spend leakage.
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Enhance financial control
Gain visibility into legal spend for better resource allocation and budget management.
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Mitigate financial risks
Reduce financial exposure by ensuring accurate billing and preventing unnecessary expenses.
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Maximize AI ROI
Low-risk, high-reward AI delivers proven savings and operational efficiency.
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Support strategic decisions
Use data-driven insights to drive both immediate savings and long-term financial growth.

Don't just hear it from us

TyMetrix 360 e-billing
"TyMetrix 360° isn’t just a technology to process invoices. It’s a way to improve the relationships between your law firms and clients."

 

“ELM Solutions business intelligence is an extremely powerful tool that offers the flexibility that a legal department needs to more strategically manage its financial operations. The ability to customize reports and dashboards to our various internal clients’ needs is very valuable to the way we do business.”

– Marsh & McLennan Companies




“We have easily seen 5-10% ROI just on enforcing our billing guidelines, creating the automated rules, having the bills audited as they come in, and pointing things out to the attorneys who then can take advantage of that. Now, they can just go in and click a button, make the change, and the firm gets paid.”

– PNC Bank

Passport enterprise legal management
"Our attorneys, our users, we live in Outlook. So to be able to approve an invoice, to be able to work within your matters within Outlook – that sealed the deal for us."

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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.

  • Compliance-led savings
  • Enhanced cost control
  • Optimized allocation of resources
  • Clear visibility into spending patterns
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