Predict smart sourcing decisions with AI
See clearly. Spend wisely.
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.
Why it matters
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
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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.