The combination of innovative e-billing, matter and performance management tools in the CT TyMetrix 360° application and the powerful vendor relationship management resources of the our VenCore™ platform gives customers the ability to manage their law firms, claims and legal vendors holistically, without having to manage multiple tools.
Hartford, Conn. and San Diego, CA (PRWEB) March 7, 2008
CT TyMetrix, the global leader in Web-based law department management solutions, and CaseRev, Inc, an online community of claims and legal organizations and their vendors, today announce their alignment to create an integrated solution to manage networks of law firms, claims and legal vendors.
Claims professionals are often focused on cost control. CT TyMetrix already provides value to its claims customers by helping control outside counsel spend. CaseRev's VenCore™ platform helps claims organizations manage their claims vendor supply chain. Together, the two companies will jointly develop integrated solutions that will allow users to upload and administer their own law firm and vendor panels, select from a deep directory of new service providers, and improve the management of work product, communication workflow, and invoices from within the CT TyMetrix 360° technology platform.
"Having tools and technologies that manage the entire ecosystem of outside service providers is critical to claims management and legal organizations," said Steve Pratt, founder and CEO of CaseRev, Inc. "The combination of innovative e-billing, matter and performance management tools in the CT TyMetrix 360° application and the powerful vendor relationship management resources of the our VenCore™ platform gives customers the ability to manage their law firms, claims and legal vendors holistically, without having to manage multiple tools."
Through this strategic partnership, CT TyMetrix users will be able to access a directory of claims attorneys and vendors on an as-needed basis for the matters with which they're working. They will have access to CaseRev's community from within the integrated CT TyMetrix matter management, legal spend management and document management platform.
"CT TyMetrix leads the insurance market in the spend and collaborative case management technology," said John Weber, general manager of CT TyMetrix. "The potential of extending the capabilities of the CT TyMetrix 360° platform with third-party modules like CaseRev's VenCore application is tremendous, and will only enhance the overall capabilities of our solution moving forward."
The first offerings resulting from this partnership are expected by mid-2008.
CT TyMetrix, part of CT, is the market leader in Web-based management solutions, including e-billing, matter management and performance metrics, for corporate law departments and claims organizations. For more information, please visit http://www.cttymetrix.com.
CT, a Wolters Kluwer business, provides intelligent software and service solutions that empower legal professionals to more effectively manage dynamic information, speed workflows and make critical decisions. CT is the market leader for corporate compliance and governance services and solutions, including solutions for managing statutory representation, corporate transactions, and jurisdictional and securities compliance; UCC products and services for corporate due diligence, secured lending, bankruptcy, and real estate, among other areas; matter management and e-billing applications, litigation support software, and electronic discovery; and innovative trademark research offerings. CT is based in New York City. For more information, please visit http://www.ctlegalsolutions.com.
About Wolters Kluwer
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,544 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit http://www.wolterskluwer.com for information about our market positions, customers, brands, and organization.
About CaseRev, Inc.
CaseRev is a unique blend of community, lead-generation and workflow software, used by customers to identify, select, rate and connect with their industry's best vendors.
CaseRev's VenCore™ platform drives supply chain control, metrics, transparency, compliance and efficiencies -- and transforms supply chains into competitive assets.
The VenCore™ platform helps customers better manage the companies they hire. CaseRev's community helps vendors get new business while all community participants benefit from a more efficient way of making and receiving assignments, sharing work product and deadlines, and managing their relationships.
Participation in the CaseRev community generates insights into the performance of customers, their networks and the entire community. CaseRev, Inc. is headquartered in San Diego, CA VenCore™ is a trademark of CaseRev, Inc. For additional information, please visit http://www.caserev.com, call (800) 791-1120.