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LegalNovember 30, 2022

Wolters Kluwer ELM Solutions’ innovative AI and workflow solutions celebrated by the 2022 Merit Technology Awards

ELM Solutions’ LegalVIEW BillAnalyzer and Office Companion received top honors

For the second time this year, Wolters Kluwer ELM Solutions’ AI-powered technology and workflow enhancement tools have been recognized by the Merit Awards, an independent awards program judged by a distinguished panel of journalists, executives, entrepreneurs and consultants. The company’s Office Companion module is a gold winner in the enterprise category of the 2022 Merit Technology Awards, while its LegalVIEW BillAnalyzer spend management solution has been honored in the program’s AI category.

Office Companion, a module available for ELM Solutions Passport and TyMetrix 360° matter and spend solutions, allows lawyers to seamlessly access and manage entire matter portfolios, invoices, and documents right within Microsoft Office staples like Outlook, Word, Excel, and PowerPoint. The gold-winning submission emphasized the efficiencies and time savings that lawyers are afforded by Office Companion’s quick file options and detailed matter summary pages.

ELM Solutions is also generating plaudits as a silver winner in the Merit Technology program’s AI category, an honor recognizing the nuance and experience achieved by the AI algorithm underlying the company’s LegalVIEW BillAnalyzer spend management offering. With exposure to billing patterns spanning 225 practice areas located across 20 different industries, LegalVIEW BillAnalyzer streamlines and enhances the review process by scrutinizing each line of a law firm invoice to determine compliance with a corporate legal department’s outside counsel billing guidelines. As a result, clients have saved up to 10% on legal spend while also improving billing guideline compliance by up to 20%.

“Thank you to the judges of the 2022 Merit Technology Awards for recognizing ELM Solutions’ ongoing commitment to providing our clients with truly innovative solutions that improve their workflows and generate boundless new efficiencies,” said Barry Ader, VP Product Management and Marketing at Wolters Kluwer ELM Solutions.

Earlier this year, LegalVIEW BillAnalyzer was recognized alongside ELM Solutions’ Predictive Insights module as a gold-level winner in the business technology category of the 2022 Merit Awards for Business. The company was also bestowed a bronze award in the program’s business innovation category for improvements made to the customer service team behind its Passport legal spend and matter management platform.

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Contacts
Paul Lyon
Paul Lyon

Senior Global Corporate Communications Director: Global Marketing, Communications & Planning

Governance, Risk & Compliance Division
Frank Ready
Frank Ready
Senior Specialist, Corporate Communications, GRC Legal Services
Governance, Risk & Compliance Division
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