SOURCE: Mitratech

Mitratech

January 12, 2011 07:00 ET

Mitratech Expands International Reach With the Opening of Canadian Offices

Mitratech TeamConnect Legal and GRC Management Solutions Will Provide Canadian Organizations Greater Control Over Legal Expenditures, Visibility Into Performance, Improve Operating Discipline, and Compliance Oversight

LOS ANGELES, CA--(Marketwire - January 12, 2011) - Mitratech, the leader in Collaborative Accountability applications including matter management, e-Billing, and GRC management automation, today announced the opening of offices in Toronto, Ontario and St. John, New Brunswick, Canada. The new office in Ontario will be primarily focused on business acquisition and growth, while the office in New Brunswick will house local Canadian services and technical staff to support Mitratech's growing client community. Mitratech TeamConnect solutions will better enable Canadian corporate legal departments to navigate cost cutting and consolidation; provincial, national, and foreign regulations; increased workloads and globalization issues.

"Our offices in Canada will enable Mitratech to work more closely with Canadian corporate legal departments and provide Fortune 500 best practices that can also address their unique needs," said Daniel P. Welch, Senior Vice President of Sales and Operations. "Mitratech is the proven and premier platform for addressing the needs of legal and GRC operations management around the globe, and we are excited about the company's continued growth and development into Canada."

As the fastest-growing legal operations platform world-wide, Mitratech TeamConnect is already used by leading Fortune 500 legal departments and an impressive network of law firms that includes 99% of the AMLaw 100 and 93% of the AmLaw Global. With users in more than 150 countries, TeamConnect is uniquely positioned to provide full visibility into global matters (litigation, transactions, and contracts), risks, expenses, performance, and compliance issues that are imperative to Canadian corporate legal departments. Key features for the international organization include:

  • Localized User Experience: Users can designate local currencies and date/time formats, and the system flexibly manages local government assigned IDs, addresses and postal codes, telephone number conventions, and numerical conventions.
  • International Matter Management and e-Billing: A command center for legal operations, offering the ability to lead team efforts, coordinate tasks and direct how resources are utilized while maintaining deep visibility into legal spend and measuring the value conferred by outside counsel.
  • Support for VAT and Other International Taxes: Responds to EU VAT Directive for e-Billing and manages foreign taxes.
  • Multi-Currency Features: The ability to view and manage budgets, financials, rates, and expenses in a variety of currencies. Executive Dashboards easily aggregate multi-currency data across global offices and present a complete view of expenses in the desired currency.
  • Platform Flexibility and Reporting: Addresses each country manager's unique "must-haves" in terms of system needs and reporting requirements while ensuring that standard workflows, rules, and business processes cross borders smoothly and seamlessly.
  • Governance, Risk, and Compliance Management: A centralized system to manage local and global regulations; policies and procedures; loss, events, and investigations; as well as anti-trust, ethics, export controls, information security and privacy, data loss prevention (DLP), records retention, and HR-related issues.

For more information on customer use cases, access Mitratech's customer case study articles and podcasts at http://www.mitratech.com/resources/case-studies.

About Mitratech
Mitratech provides market-leading Collaborative Accountability Applications for businesses and their trusted partners. With team-oriented domain applications in legal process automation, governance, risk, compliance and security, Mitratech's TeamConnect Collaborative Accountability Suite improves transparency of financial reporting, reduces exposure to risk, sharpens operating discipline, and improves information security and the efficiency of enterprise processes. Our Collaborati browser application also meets the accountability and collaboration needs of proliferating extraprise teams, wherein vendors, partners and service providers often have to be included in sensitive teamwork projects such as electronic billing, legal hold and collaborative budgeting, or those which expose your business to liability. To learn more, visit http://www.mitratech.com.

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