HOUSTON, July 5, 2021 – Hyperion Research, the legal industry’s premier source of independent market research and advisory services, has recognized BusyLamp — Onit’s end-to-end legal spend management solution built for European corporate legal departments — as an Enterprise Legal Management Advanced Solution in its newly released MarketView™ Report, which incorporates more than 500 hours of industry benchmarking, interviews, client references and vendor briefings.
Hyperion’s MarketView™ Report is the only independent analyst-based research of the legal solutions market, serving General Counsel and Legal Operations leaders to make the best software decisions to meet their operational needs.
BusyLamp, the legal operations software provider that helps in-house legal departments reduce their legal costs and operate more efficiently, secured “market leader” and “highly innovative” VendorViewTM Special Recognitions for its following capabilities:
- International invoicing: BusyLamp demonstrates a deep understanding of international invoicing requirements, going beyond VAT and withholding capabilities to deliver regional-specific tax solutions.
- Data privacy: Robust data privacy features include geographic data segregation options as well as automated data classification and retention tools.
- Sourcing application: Electronic RFP tool tailored to the unique needs of legal simplifies the vendor selection and procurement process.
- Modular ELM: Flexible architecture enables customers to de-couple e-billing and matter management systems in support of best-of-breed solution approach.
“Legal teams today face an increasingly complex set of global e-billing and matter-management challenges,” said Phil Henderson, Senior Director at Hyperion Research. “Busylamp excels in this environment with a comprehensive set of international tax and data privacy capabilities.”
BusyLamp was also presented with an Advanced Solution Badge as an ELM Advanced Solution Provider.
Dr Manuel Meder, BusyLamp co-founder and joint CEO, said: “It is a real source of pride for the BusyLamp team to achieve such independent recognition by Hyperion. In particular, we are really pleased to see that our strength in the internationalisation of our legal spend management and matter management software has been highlighted for a special merit. We have worked really hard in this area to ensure that we stand out from other vendors so that our clients can use our software globally.”
The full MarketView report is available for download on the Hyperion Research website.
About Onit
Onit is the leading provider of legal workflow solutions for enterprise legal management (ELM) and contract lifecycle management (CLM). Onit’s comprehensive product portfolio customizes AI-driven workflows for managing matters, spend, vendors and contracts. With Onit, companies can evolve the legal department’s role as a business protector and transform it into a business driver that materially influences the enterprise by improving operational and cost efficiency while simultaneously contributing to faster revenue generation and business growth.
The Onit portfolio of products also includes SimpleLegal, AXDRAFT, BusyLamp and SecureDocs. Learn more at onitprostg.wpengine.com.
Media contacts
Mike Nadeau, [email protected]
