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Managed Bill Review

Acquired by Mitratech on Jan 19, 2022


Overview

Mitratech Managed Bill Review (MBR) is a managed service for reviewing and validating outside counsel invoices. The service combines automated invoice analysis with review by experienced billing professionals to support consistent application of billing guidelines and defensible compliance decisions. It is designed to help legal teams obtain structured, reliable invoice data while maintaining established law firm relationships.

Key Features and Functions include:

  • Automated Invoice Analysis
    Uses machine learning to categorize invoice line items and identify potential guideline exceptions or anomalies for review.

  • Human-Led Invoice Review
    Experienced billing reviewers assess flagged and nuanced line items, applying judgment where automated rules alone may be insufficient.

  • Billing Guideline Enforcement
    Supports consistent application of client billing guidelines across matters and firms, with documented review outcomes.

  • Invoice Data Quality and Structuring
    Machine learning is used to improve the accuracy and consistency of invoice data captured for reporting and analysis; Mitratech reports significant improvements in data accuracy through this process.

  • Benchmarking and Spend Context
    Provides access to proprietary benchmarking data to compare rates, staffing patterns, and billing behaviors across comparable matters and organizations.

  • Program Design and Ongoing Support
    Billing specialists work with legal teams to establish, monitor, and refine outside counsel billing review processes over time.

Mitratech Managed Bill Review was formerly known as Quovant and became part of Mitratech following its acquisition in 2022.

 
 
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HEADQUARTERS
US
LANGUAGES
English
OFFICES
US
X-Twitter
YEAR FOUNDED
1987
REGIONS SERVED
North America,
Europe,
Global,
Latin America
Latest Funding Round
Latest Funding Round
Total Funding Amount
Total Funding Amount
Areas of Use
TARGET AUDIENCE
Corporate Legal
TYPE OF USER
PRACTICE AREAS
Value Proposition
Value Proposition

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