SOURCE: Quovant


November 02, 2015 09:50 ET

Legal Spend and Matter Management Market Hinges on Pivot™

Quovant Releases Pivot v2.0

NASHVILLE, TN--(Marketwired - November 02, 2015) - Quovant, a next generation legal spend and matter management solution provider, announced today the release of Pivot™ v2.0, the most innovative legal spend management and matter management solution for the corporate legal, risk and claims marketplace. Pivot was built specifically to meet law department demand for something better than the dated technology, frustrating support, and limited functionality of old-line provider solutions.

Built from the ground up using today's tools and design approaches and developed for the 21stcentury, Pivot is intended to pick up where old-line providers leave off. Combining both technology and services on-demand, Pivot is a one of a kind legal spend management and matter management solution that incorporates core functionality and then extends it in innovative and creative ways. That's different!

"Law departments have long been frustrated with options for legal spend and matter management, and are actively seeking innovation," said Eyal Iffergan, President of Hyperion Global Partners, a leading business and technology consulting firm. "Our Hyperion Research 2015 survey of GC's and LDO's found that fewer than a quarter believe their current vendors deliver either value or innovation. In the face of rapid consolidation in the ELM market, the introduction of next generation solutions that offer practical solutions for operational performance management and -- dare we say -- ROI, will be more than welcome."

"Pivot v2.0 marks a sharp departure from past generations of legal spend management and matter management technology, and realizes the marketplace's vision for simple, intuitive, stable, and built to perform solutions," said Nicky Mukerji, Chief Information Officer at Quovant. "Quovant had one mission in developing Pivot: to pick up where old-line providers left off and stem the rising tide of dissatisfaction in the marketplace. Pivot v2.0 builds on the success of its predecessor and sets a benchmark for a marketplace where, according to HyperionGP, more than 77% of legal departments are dissatisfied with their corporate legal technology provider."

Enhancements to Pivot in Quovant's version 2.0 release include:

  • Ability to request services "on the fly" from Quovant experts, or your consultant/expert of choice
  • Deeper and more integrated matter management workflow capabilities
  • Analytics in Pivot IQ™ now include more than 200+ fields to drag and drop from and adding more daily
  • Expanded KPI widgets that can now be integrated into automated workflow
  • Expanded Google-like search capabilities from every screen
  • More "Quick Action" tools and the ability to configure more
  • More dashboard and context widgets adding to the available pallet of more than 150 widgets

Coming Soon:

  • Optional add-ons from world-class experts -- a single click away

Pivot v2.0, because somebody had to do it.

About Quovant

Quovant is a premier legal spend and matter management solutions provider focused on developing technology and delivering services to corporate legal departments, claims and risk departments in the US and Europe. Quovant addresses matter management, e-billing and spend management software needs with the added ability to include the human element when needed. From fully automated legal e-billing, to legal spend workflow and analytics, outside counsel management technology and services, and everything in between, Quovant picks up where traditional corporate legal technology providers leave off.

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