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Wolters Kluwer ELM Solutions has launched TyMetrix360 Analytics, a new feature set for its TyMetrix360 platform, integrating Microsoft Power BI to deliver advanced data analysis and reporting capabilities. This enhancement empowers corporate legal departments to gain deeper insights into legal spend and matter management, enabling faster, data-driven strategic decisions.
TyMetrix360 Analytics leverages Microsoft Power BI for advanced reporting.
Offers customizable data visualizations to track legal spend trends.
Interactive executive summaries enable quick metric comparisons.
Configurable reports tailored to stakeholder needs enhance efficiency.
Role-based access ensures secure, authorized data visibility.
Supports corporate legal teams in making strategic, data-driven decisions.
TyMetrix360 Analytics introduces robust data visualization tools, powered by Microsoft Power BI, allowing corporate legal departments to interpret complex legal spend data through customizable charts, graphs, and tables. These visualizations help identify trends and patterns in legal costs, providing clarity for strategic decision-making. “Legal professionals are increasingly using data-driven approach to drive deeper insight into their legal matters and spend. Wolters Kluwer ELM Solutions continues to invest in innovative software and solutions that help our customers improve strategic decision-making, bolster efficiency, and realize greater value across their organizations,” said Raja Sengupta, Executive Vice President and General Manager of Wolters Kluwer ELM Solutions.
The platform’s interactive executive summaries enable users to drill down into specific spend categories or compare metrics swiftly, streamlining the analysis process. Additionally, TyMetrix360 Analytics offers configurable out-of-the-box (OOTB) reports, allowing legal teams to tailor outputs to meet diverse stakeholder requirements. This flexibility ensures that reports align with specific business needs, enhancing operational efficiency and strategic planning.
Security is a cornerstone of TyMetrix360 Analytics, with role-based access controls ensuring that sensitive data and key performance indicators are visible only to authorized users. This feature supports compliance and data governance, making the platform suitable for corporate legal departments handling sensitive financial and operational data.
By integrating Microsoft Power BI, TyMetrix360 Analytics transforms how legal teams manage and analyze data, fostering smarter, faster, and more strategic decisions. Wolters Kluwer’s commitment to innovation positions TyMetrix360 as a leading solution for enterprise legal management, driving efficiency and value across organizations.
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.
Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
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