Global News
Quovant, a next generation legal spend and matter management solution provider, today announced the release of Pivot™ version 2.0, 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 an inability to get new features and functionality from old-line providers.
Built from the ground up using today’s tools and design approaches, and developed for the 21st century, 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 offering 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”, said Iffergan.
“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:
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