CHS Inc. Looks to Wolters Kluwer’s ELM Solutions for Greater Transparency into Legal Matter and Spend Management
HOUSTON--(BUSINESS WIRE)--May 14, 2018--Wolters Kluwer’s ELM Solutions today announced CHS Inc., a large U.S. farmer and rancher-owned cooperative, has selected its TyMetrix® 360º solution. CHS is utilizing TyMetrix 360º to automate its e-Billing process and gain in-depth visibility into matter and legal spend. The solution also enables CHS to easily share related data and track all documentation associated with a large matter portfolio in a secure and consolidated place which will strengthen collaboration with internal business partners and outside counsel.
“TyMetrix 360º will enable us to gain greater transparency into our matter and legal costs, which will help us manage matters more efficiently. The solution can also grow with us as our business needs evolve,” said Nanci Lilja, Director of Legal Operations at CHS. “The fact that ELM Solutions listens to their clients, incorporates their feedback, and has a clear, customer-centric roadmap, cinched our decision.”
“The role of corporate legal departments within organizations has evolved tremendously in just a few years,” said Barry Ader, Vice President of Product Management and Marketing for Wolters Kluwer’s ELM Solutions. “Legal Operations leaders and their teams are held to increasing levels of accountability and expected to help drive business value. They can rest assured ELM Solutions can help them not only ensure compliance but control costs and collaborate more effectively with law firm partners.”
TyMetrix 360º is an industry-leading, SaaS-based e-Billing and Legal Matter Management solution. It delivers essential features and ready-built functionality to help legal staff manage matters with ease, streamline daily activities, and improve the management of outside counsel billing costs.
Wolters Kluwer’s ELM Solutions is the market-leading provider of enterprise legal spend and matter management and legal analytics solutions. This includes Passport, the highest rated ELM solution in the 2017 Hyperion Marketview™ Legal Market Intelligence Report; TyMetrix® 360°, the industry’s leading SaaS-based e-billing and matter management solution; and the LegalVIEW ® portfolio of legal analytics solutions based upon the industry’s largest and most comprehensive legal spend database, with more than $100 billion in invoices.
About Wolters Kluwer Governance, Risk & Compliance ELM Solutions is part of Wolters Kluwer ’s Governance, Risk & Compliance (GRC) division, which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments.
Wolters Kluwer N.V. (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 2017 annual revenues of €4.4 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 19,000 people worldwide.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180514005183/en/
CONTACT: Wolters Kluwer
Chuck Miller, +1 320-240-5457
Director, External Communications & Brand
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE SMALL BUSINESS PROFESSIONAL SERVICES ACCOUNTING CONSULTING LEGAL
SOURCE: Wolters Kluwer
Copyright Business Wire 2018.
PUB: 05/14/2018 09:00 AM/DISC: 05/14/2018 09:01 AM