Wolters Kluwer’s ELM Solutions just announced CHS Inc, a large US 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.”
According to Wolters Kluwer 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.”
“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.”
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.
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.