Managing legal invoices is an administrative nightmare for legal and accounting teams already stretched to the limit. However, buried in this perpetually burdensome cycle is an often-overlooked opportunity for organizations to capture millions of dollars in cost savings annually.
During this event legal operations experts from Cardinal Health and UBS discuss their structured approach to invoice management that controls costs and mitigates expensive mistakes. The conversation covers best practices for assessing invoice workflows to eliminate overpayments, enhance partnership reciprocity, outsource contract enforcement, and reduce unnecessary penalties.
- Tactics for consistently identifying violations and overpayments to reduce expenditures
- Ways to improve invoice monitoring and data quality for more accurate insights
- Methods to improve enforcement through transparency and consistency in billing guidelines
- Strategies for tracking and monitoring partner reciprocity to maximize value with vendors