Continuous spend management
Gain real-time AI-driven insights into in progress legal work, ensuring proactive decision-making and cost and scope control. Track matters effortlessly with data directly from your law firm's billing system.
See legal work whilst its taking place
See how your law firms are performing with Apperio's continuous visibility of line item time entries, direct from your law firms' practice management systems.
- Ensure scope and costs stay aligned by setting meaningful KPIs that you can monitor and be alerted on
- Ensure you are not being over-charged and improve your trust in law firm billing
- Focus on value-based conversations instead of being limited to just querying invoices
- Strengthen your relationships and improve collaboration with outside counsel
Achieve deep cost savings from strategic, long-term change
Apperio provides the data you need to analyse historic spending patterns and drive long-term cost savings.
- Use accurate, current data to make informed and faster strategic decisions.
- Identify similar recurring matters that could be delivered by different vendors or through AFA.
- Analyse typical volumes of work for panel reviews and identify key metrics for monitoring law firm performance.
- Track the immediate impact of your improvements and iterate on these to achieve long-term cost savings
Interact with your data in natural language using GenAI
Get meaningful insights from your data without requiring technical knowledge.
- Ask continuous in progress data questions in natural language and get instant results
- Avoid budget surprises with continuously updated in-progress legal spend data and alerts
- Track KPI trends, scope and performance. Build alerts and reports to drive better decisions and outcomes
- Use the latest AI to forecast and alert based on continuous data
Manage the cost, scope and progress of large matters and projects whilst they are in progress
Prevent matters from spiraling out of control with unexpected costs and budget overruns.
- Group related matters from multiple firms using your own reporting structures
- Manage the ongoing costs, scope and budgets for complex and unpredictable projects, even when billed infrequently.
- Measure and optimise the ideal proportion of fixed-fee vs hourly-billed matters for each project.
- Take a proactive management approach to monitor costs and keep projects on track
Forecast, budget and report on spend
Understand your current and historical legal spend, across all vendors to forecast and accurately budget for future expenditure.
- Remove the perception of legal spend being a ‘black box’ with total oversight of your ongoing and historical costs.
- Drill down and report consistently on spend by practice area, department, law firm, fee-earner, project, region and more.
- Take corrective actions where necessary to stay within budgets and prevent unexpected overspend.
- Create reliable budgets and forecast your future costs with confidence
See how Apperio
can help you
GenAI insights and predictive forecasting on unique continuous data direct from law firms time and billing systems opens up new opportunities for control and collaboration.
Analyze your data using natural language GenAI
- Ask your data questions using natural language
- AI built drill down reports saved into insight board
- Set thresholds on KPI’s to alert you to take action
- Use AI to forecast trends and identify risks of overspend
Spend Overview
- Monitor your spend by matter, or law firm, with visibility of total spend liability (both real accruals/WIP, and billed) continuously
- Drill down into months, or law firms, right down to the actual ledger of line item time entries direct from your law firms time and billing systems
- See advanced continuous data for both billed and in progress work such as actual rates and staffing to proactively manage matters as they are in progress
Matter and Budget Management.
- Set budgets for individual matters or rolled up projects and track how your spend is performing against them, to control costs and forecast effectively.
- Gain insights on your historic and in-progress projects, from the amount of work done to the details of invoices and individual time entries
A legal team has a specific focus – and it isn’t necessarily finance. They have a piece of work and they have to get it done. As a finance professional, I have to know what costs I’m looking at. With Apperio, we have the data to work together.
Latest news and resources
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