VENDOR MANAGEMENT
Engage the right vendor for every matter
With data and AI within your existing workflows.
Profiles
Centralize your vendor data in a system of record
- See financial and non-financial KPI performance in real time
- Set commercial terms, including rates and discounts
- Store important documents such as engagement letters
Rules of Engagement
Establish and enforce your rules of engagement
- Specify conditions under which each vendor can be engaged
- Enforce approval workflows for engaging off-panel vendors
- Set monetary thresholds for requiring competitive bidding
Competitive Bidding
Run RFPs to select the highest-value vendors
- Create reusable templates for different matter types
- Invite vendors to participate in controlled auctions
- Select winners and automatically enforce agreed terms
Selection
Get insights and recommendations at matter creation
- Guide your attorneys to the most appropriate vendors
- Make decisions that are both informed and governed
- Benefit from data aggregated across Brightflag customers
Assessment
Assess and compare vendors with a 360-degree view
- Create visibility into your most important relationships
- Drive review meetings and panel refreshes with data
- Avoid time-consuming data collection and manipulation
