Mitratech clients reduce legal costs and improve
strategic action

Mitratech’s TeamConnect Legal Suite is a comprehensive legal operating system, tailored to the business needs of Fortune 500 companies’ corporate legal departments, staff counsel offices, and government agencies.  TeamConnect is comprised of a number of modules, including: Matter Management, Collaborative Spend Management, Electronic Invoicing, Vendor Management, Financial & Cost Management, Executive Dashboard, Entity Management, and Records Management.  These solutions deliver unique business benefits for legal departments looking to better align with corporate strategies and reduce legal costs.

• Matter Management
• Collaborative Spend Management
• Electronic Invoicing
• Vendor Management
• Financial & Cost Management
• Executive Dashboard
• Entity Management
• Records Management

Matter Management

• Reduce legal expenses by more than 20% with integrated electronic invoicing and vendor management solutions.
• Centralize global operations and connect teams with Web-based anytime, anywhere access.
• Improve strategic action and high-level decision-making with enterprise-wide visibility.
• Report across legal management functions for a holistic view of performance.
• Collaborate with internal clients and business units to improve service delivery.
• Access meaningful information through management, regulatory, and operational reports.
• Improve the consistency of your operations by standardizing processes and implementing best practices.
• Synchronize process workflows to ensure that all parties work towards corporate goals.
• Automate routine tasks to reduce redundancies in work effort, eliminate time-consuming manual tasks, and focus on core activities.
• Capture and reuse the expertise of every individual on your team.
• Automate your legal department according to your IT resources and priorities; TeamConnect Legal is available in both perpetual license and onDemand models.

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Collaborative Spend Management

Electronic Invoicing

• Connect with 100% of your law firms to reduce the time associated with invoice submission and review.
• Reduce outside legal spend and improve vendor relationships.
• Gain a clear view into legal spend and allocate resources strategically.
• Ensure that you never overpay by automatically enforcing your billing guidelines.
• Collaborate with outside counsel without compromising your corporate security and firewall policies.
• Improve consistency, usability, and workflows with a single application for matter management, electronic invoicing, and vendor management.
• Ensure the security and confidentiality of your invoice information with one-way encrypted passwords, role-based user access control, and strict session management.

Vendor Management

• Better forecast performance with status reports from outside counsel.
• Improve outside counsel performance by consistently retaining the right law firms at the right price.
• Improve vendor relations and business value through real-time and on-going benchmarks.

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Financial & Cost Management

• Automate a comprehensive financial management strategy that tracks time, fees, expenses, and settlements.
• Improve and enforce budgeting to control rising expenditure.
• Better forecast budgets and proactively track accrued costs.
• Access actionable information and deliver meaningful reports on costs with support for multiple currencies.
• Communicate costs to clients in real-time.
• Gain greater control and efficiency through a sophisticated chargeback model that automatically prepares chargeback time for clients.
• Track the value of services delivered through accurate, reliable reports

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Executive Dashboard

• Leverage business analytics to monitor your legal department’s performance.
• Link legal initiative to corporate strategy.
• Improve agility with real-time access to trustworthy information.
• Stay connected with your legal department’s highest profile cases.
• Make better decisions and get better improved results with accurate and reliable trending data.
• Extend dashboard features to your legal staff for improved communication.
• Benefit from the flexibility to change with evolving business concerns.

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Entity Management

• Improve efficiency by automating your corporate governance operations.
• Gain a clear view into parent, subsidiary, stock, and tax information.
• Reduce fines and ensure compliance with accurate and trustworthy corporate records.
• Ensure your corporate health with easy access to entity information.
• Grow responsibly by supporting your on-going M&A activities.

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Records Management

• Ensure compliance through systematic policy enforcement and secure automation of the record management lifecycle.
• Reduce risks by effectively managing records according to statutes and regulations – from identification to classification, archiving, and potential disposal.
• Improve communication by better managing record circulation and accessibility.
• Reduce operational costs by automating routine tasks to focus on core activities.
• Improve the speed and accuracy of your record search.

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