Anything legal departments can do to squeeze extra money from programs instead of reducing headcount is a win for everyone. A well-crafted invoice review program can save money, while addressing some the biggest budgetary and spend reporting challenges.
A disciplined and programmatic approach to legal invoice review helps legal teams:
- Identify and reduce guidelines violations, waste, and overpayment in invoices;
- Bridge gaps between legal spend management, legal operations goals, and legal service providers to create uniform partnerships;
- Improve data quality, rules enforcement, and uniformity of data to transform reporting into actionable insights.