CHICAGO, Ill.--(BUSINESS WIRE)--HBR Consulting is pleased to announce that Latham & Watkins LLP is deploying its SpendConnect platform (http://www.spendconnect.com/), a procurement management technology solution. Latham joins approximately one-third of the largest law firms in selecting SpendConnect to assist with managing expenses and third-party contracts on a global basis.
LeeAnn Black, Chief Operating Officer at Latham & Watkins, says: “Our deployment of SpendConnect is aligned with our focus on maximizing operational efficiencies. The ability to have ongoing visibility into our spend and supplier relationships is paramount to achieve this goal and SpendConnect’s ability to automate spend analytics will help drive further operational efficiencies.”
“Law firms like Latham & Watkins are continually seeking new, innovative strategies to further reduce costs and create efficiencies,” adds Chris Petrini-Poli, HBR Consulting’s CEO.
SpendConnect is a technology-based solution for law firms created and developed by HBR Consulting, the leading business and technology operations consultancy in the legal industry. SpendConnect provides law firms with spend analytics, contract management, budget reporting and other supplier relationship tools that allow firms to make more informed decisions that impact their bottom line.
“SpendConnect is helping law firms advance the way they look at expenses and value supplier relationships by combining the expertise of procurement professionals with dynamic dashboards that better organize and manage all aspects of third-party expenses,” says Scott Springer, director of SpendConnect.
“SpendConnect is a powerful product which allows us to visualize our global spend in a comprehensive way,” says Eric Goldreich, Director of Global Procurement at Latham & Watkins. “SpendConnect’s intuitive, drill down capabilities provide the ease of use we need for both our procurement professionals as well as our executive management team.”
SpendConnect is a technology based solution that integrates financial, headcount, contract, and supplier data sources enabling users to make more informed decisions that impact the bottom-line. SpendConnect has been designed from the ground-up with input from leading law firms to provide a collaborative, graphically rich, and user-friendly experience specific to your business. SpendConnect can be completely customized and deployed in a cost effective approach that best fits your needs. At SpendConnect, we have deep experience with clients across financial, legal, and other professional service industries. SpendConnect has successfully helped clients maximize third-party relationships, leveraging proven cost-reduction strategies, based upon each firm's unique situation and requirements, to achieve measurable and sustainable savings in an accelerated timeframe. For more information, visit www.spendconnect.com.
About HBR Consulting
HBR Consulting is internationally recognized as the leading business and technology operations consultancy in the legal industry. Formally the consulting arm of Thomson Reuters, HBR Consulting continues to expand on its foundation as a leading provider of consulting services to the legal industry. With more than three decades of experience, HBR Consulting helps law firms and corporate law departments plan, implement and measure business, information and technology initiatives with a specific focus on increasing operational efficiency and effectiveness. For more information, visit www.hbrconsulting.com.