SOURCE: Sky Analytics

Sky Analytics

April 09, 2012 08:35 ET

Sky Analytics Launches Second Version of Software to Help Companies Save Millions in Outside Legal Spend

New Proprietary Benchmarking & Enhanced User Interface Helps In-House Counsel Make More Informed Decisions on Legal Expenditures

BOSTON, MA--(Marketwire - Apr 9, 2012) - Building off a successful launch last year, Sky Analytics, a company focused exclusively on outside legal cost control for General Counsel, Chief Financial Officers and senior management, has launched the second version of its innovative legal spend management platform. This new release, developed to further drive transparency in outside legal spend, includes an entirely new user interface and workflow, new reports and tools and enhanced functionality.

Sky Analytics is the only legal spend management software that does not require e-billing integration, allowing any company to get a clear picture of their overall legal spend and quickly identify cost savings opportunities. With its unique features, including a centralized platform to manage outside counsel; the ability to identify matters taking longer than they should; and ability to audit firms and timekeepers that are charging abnormal rates, Sky Analytics provides corporate legal departments with a unique arsenal of tools to make more informed decisions. Clients that have previewed this new platform have been extremely enthusiastic, praising its ease of use and depth of actionable data.

"Sky Analytics saved Ally $1.6 million this year alone," noted James Partridge, Chief Counsel at Ally Financial.

"Sky Analytics is committed to developing state-of-the-art software to help General Counsel efficiently manage their outside legal spend, and with this release, even more tools are available to assist companies in making more informed decisions about how they spend," said Doug Ventola, President of Sky Analytics. "The Sky Analytics software is very simple to use and does not require a cumbersome implementation."

Accompanying the release of its new software platform, Sky Analytics launched a revamped website and redesigned logo, to showcase its rapidly expanding software.

"The new SkyAnalytics.com conveys our message and capabilities in a much simpler and digestible format," noted Chris Bullock, Chief Marketing Officer at Sky Analytics. "Our new branding reflects the state-of-art and cutting edge nature of our software platform."

To schedule an interactive demonstration or a one-week trial implementation: visit learnmore@skyanalytics.com; call +1 617.830.2124, ext. 802; or complete online request form at http://www.skyanalytics.com/try-it/.

Sky Analytics is a Business-to-Business SaaS application that provides corporate legal departments with a set of tools to make informed decisions regarding their legal spend. Sky Analytics is the only legal spend management software that does not require ebilling integration. Visit Sky Analytics online: http://www.skyanalytics.com and follow on Twitter https://twitter.com/LawSpendClarity (#SkyAnalytics).

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