Legal operations need attorneys and legal technology solutions like ELM software to help general counsel manage their everyday activities and offer legal advice. The objective is to automate the legal process, implement transparency, and reduce costs by introducing efficiency in the process. The system must assist different users with varying roles to be compliant with organizational and legislative requirements.
ContractPrime ELM software includes features like in-house matter management software, legal spend management and contract management software . Contract workflow software can manage business processes, by simple drag and drop, as visualized by power users and business unit managers. Department specific solutions like HR contract management software , billing solution to legal document management software are available on Microsoft 365. DMS enables organizations to manage all documents in a centralized location with security as recommended by the governance team.
CLM is the core feature of ELM for legal department to track all contracts from start to execution. Legal document automation will assemble documents from templates and the information collected from end users. Approval workflow can be customized based on contract properties and other metadata. Contract software enables legal teams to extract and monitor key dates, obligation, risks and deliverables. Generate reports to monitor the KPI and contract performance.
Matter management will enable an organization to handle all legal requests from initiation to finish. This includes legal self-service, AI powered chat to answer commonly asked questions from the knowledge base and case management software. Tasks, deadlines, documents, and bundling are available in the collaboration platform. External law firms can be invited, and their legal expenses are managed against the budget for practice area, department, and expense type.
PageLightPrime ELM software can be customized to meet department specific needs and integrated with enterprise solutions like ERP, CRM, and HR applications. Data collection and information lifecycle can be configured to meet different compliance and regulatory requirements, such as GDPR, PDPA and CCPA.
Enterprise Legal Management Software
Legal operations need attorneys and legal technology solutions like ELM software to help general counsel manage their everyday activities and offer legal advice. The objective is to automate the legal process, implement transparency, and reduce costs by introducing efficiency in the process. The system must assist different users with varying roles to be compliant with organizational and legislative requirements.
ContractPrime ELM software includes features like in-house matter management software, legal spend management and contract management software . Contract workflow software can manage business processes, by simple drag and drop, as visualized by power users and business unit managers. Department specific solutions like HR contract management software , billing solution to legal document management software are available on Microsoft 365. DMS enables organizations to manage all documents in a centralized location with security as recommended by the governance team.
CLM is the core feature of ELM for legal department to track all contracts from start to execution. Legal document automation will assemble documents from templates and the information collected from end users. Approval workflow can be customized based on contract properties and other metadata. Contract software enables legal teams to extract and monitor key dates, obligation, risks and deliverables. Generate reports to monitor the KPI and contract performance.
Matter management will enable an organization to handle all legal requests from initiation to finish. This includes legal self-service, AI powered chat to answer commonly asked questions from the knowledge base and case management software. Tasks, deadlines, documents, and bundling are available in the collaboration platform. External law firms can be invited, and their legal expenses are managed against the budget for practice area, department, and expense type.
PageLightPrime ELM software can be customized to meet department specific needs and integrated with enterprise solutions like ERP, CRM, and HR applications. Data collection and information lifecycle can be configured to meet different compliance and regulatory requirements, such as GDPR, PDPA and CCPA.
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