Better Budgeting & Legal Spend Management
Make every dollar of your legal department budget count with:
- Real-time spend and budget tracking at the overall, practice area, vendor, and matter levels
- In-depth reporting and dashboards that put your legal team in the driver’s seat when it comes to financial planning
- Outside counsel benchmarking capabilities to ensure matters are resources to the best, most cost-effective firms every time
Automated Legal Invoice Review, Powered by AI
Legal departments save time and money by automating legal invoice review with Brightflag. Our patented AI enables:
- Consistent invoice line item classification that ensures accurate review of every invoice
- Automated outside counsel billing guideline application to ensure your legal department only pays for compliant work
- AI-generated invoice summaries sent straight to reviewers’ email inboxes for easy review and approval
Streamlined Accruals & Monthly Close
Accruals collection and reporting doesn’t have to be a painstaking process. Brightflag’s legal reporting and financial management software enables:
- Automated accruals reminders and scheduled accruals reports that save time and ensure nothing falls through the cracks
- Easy review, adjustments, and approvals directly in the platform to ensure complete accuracy before submission to Finance
- Accrual collection and reporting dates configured to your financial close calendar so you never miss a deadline