Wolters Kluwer’s ELM Solutions, the market-leading provider of enterprise legal spend and matter management, contract lifecycle management, and legal analytics solutions, has earned two Best in Biz Awards. The Best in Biz Awards are the only independent business awards program judged by prominent editors and reporters from top-tier publications in North America. Of all the Best in Biz award winners this year, Wolters Kluwer was number two on the list of companies that received the most awards.
Wolters Kluwer’s ELM Solutions earned a silver award for Most Innovative Service of the Year for LegalVIEW® BillAnalyzer, an AI-enabled bill review service that frees up in-house attorneys’ time to focus on higher value work, improves billing guideline compliance, and delivers savings in legal spend over traditional invoice review processes. The company’s Technical Operations team received a bronze Technology Department of the Year award for significantly improving customer experience and reducing costs.
Since 2011, Best in Biz Awards’ entrants have included both notable startups and recognizable global brands. With more than 700 submissions, the ninth annual program attracted a record number of entries from an impressive array of public and private companies of all sizes, regions and industries in the U.S. and Canada.
“We are honored to add two Best in Biz awards to an expanding list of market recognition this year,” said Jonah Paransky, Executive Vice President and General Manager for Wolters Kluwer’s ELM Solutions. “These accolades demonstrate our success in providing customers with innovative technology solutions and services that enable them to achieve world class-business outcomes.”
Wolters Kluwer’s ELM Solutions is the market-leading global provider of enterprise legal spend and matter management, contract lifecycle management and legal analytics solutions. We provide a comprehensive suite of tools that address the growing needs of corporate legal operations departments to increase operational efficiency and reduce costs. Corporate legal and insurance claims departments trust our innovative technology and end-to-end customer experience to drive world-class business outcomes. The award-winning products include Passport®, the highest rated ELM solution in the latest Hyperion MarketView™ Legal Market Intelligence Report; TyMetrix® 360°, the industry’s leading SaaS-based e-billing and matter management solution; CLM Matrix, named a “strong performer” in the 2019 Q1 CLM Forrester Wave report; and the LegalVIEW® portfolio of legal analytics solutions based upon the industry’s largest and most comprehensive legal spend database, with more than $130 billion in invoices.
About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.
Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2018 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 18,600 people worldwide.