Partnership promotes efficiency with customized ELMS offerings
Deloitte partners with Knowliah to accelerate the digitalisation of risk mitigation and contractual compliance in legal functions
Deloitte has entered a partnership with the Belgian software company Knowliah to jointly accelerate and better support the digitalisation of risk mitigation and contractual compliance in legal functions. Through bringing together multi-disciplinary professionals, Knowliah & Deloitte will provide clients with a leading Enterprise Legal Management Solutions (ELMS) practice. A unique cooperation, with a strong eye on the future.
“Deloitte’s advice and expertise in combination with Knowliah as a strategic partner will now help organizations with the implementation of Contract Lifecycle Management and/or Legal Matter Management in a manner that addresses both their business requirements and general industry standards, leading to an increased efficiency in handling contracts through advanced workflows and enhancement of the complete lifecycle of contracts, thereby supporting GRC (Governance Risk & Compliance) requirements”
– Jan Corstens, Partner Deloitte
Accelerate digitalisation of legal industry
The digitalisation of risk mitigation and contractual compliance in legal functions is imminent, and without the right legal technology and strategic advice, organizations are lacking behind. Therefore, Deloitte and Knowliah join forces to accelerate the digitalisation of legal departments and their stakeholders. This partnership is resulting in an end-to-end efficient tooling for handling legal matters in an efficient, compliant and risk mitigating way through combination of Deloitte’s advisory skills and Knowliah’s AI-based software solutions.
Knowliah, a worldwide representative software vendor of legal solutions
Using the latest technologies and tools is key to drive legally compliant and risk related operations. Knowliah has proven its added value for Legal Departments and their stakeholders by developing an Enterprise Legal Management platform, which offers a set of combinable modules in different plans, all based on the specific needs & requirements and digital maturity of the organization.
CEO of Knowliah, Hans Van Heghe, confirms: “Through this Deloitte-Knowliah partnership, organizations can now benefit from the highest expertise in each step of their digital growth path with regards to risk mitigation and contractual compliance, from initial idea or as-is review, to fully benefiting from the most intuitive and advanced enterprise legal management tool in the market. The different modules are based on the daily operations in legal functions: Legal Matter Management, Contract Lifecycle Management, Legal Entity Management, Litigation Management and the Legal Client Portal or Knowledge Hub.”
“Through this Deloitte-Knowliah partnership, organizations can now benefit from the highest expertise in each step of their digital growth path with regards to risk mitigation and contractual compliance, from initial idea or as-is review, to fully benefiting from the most intuitive and advanced enterprise legal management tool in the market”
– Hans Van Heghe, CEO of Knowliah.
Deloitte, the world’s leading professional services firm
Deloitte offers resources with an expertise in requirements definition for contractual operational management, in all its aspects. They prove how digitalisation helps to improve speed, efficiency, risk mitigation and contractual compliance. Together with Knowliah, Deloitte will provide dedicated training for stakeholders, supporting them in using all functionality to its full extent.
“Deloitte’s advice and expertise in combination with Knowliah as a strategic partner will now help organizations with the implementation of Contract Lifecycle Management and/or Legal Matter Management in a manner that addresses both their business requirements and general industry standards, leading to an increased efficiency in handling contracts through advanced workflows and enhancement of the complete lifecycle of contracts, thereby supporting GRC (Governance Risk & Compliance) requirements” – Jan Corstens, Partner Deloitte
A future-oriented cooperation for legal teams and their stakeholders
From diagnosing the existing Enterprise Legal Management Solutions (ELMS) capability until operating and performing ongoing ELMS activities, Deloitte and Knowliah are getting organizations to the next level of efficiency in risk mitigation and compliance of legal functions through implementation of ELMS capabilities. Some immediate results of this partnership are the improvement of contractual compliance and a significant decrease of related risks in legal management.
Jan Corstens, Partner Deloitte, says: “Deloitte’s advice and expertise in combination with Knowliah as a strategic partner will now help organizations with the implementation of Contract Lifecycle Management and/or Legal Matter Management in a manner that addresses both their business requirements and general industry standards, leading to an increased efficiency in handling contracts through advanced workflows and enhancement of the complete lifecycle of contracts, including automated risk mitigation and compliance solutions.”
About Knowliah
Knowliah develops and markets intelligent software solutions for managing unstructured information and knowledge. Specifically in support of risk mitigation and contractual compliance, Knowliah offers the most complete & award-winning Enterprise Legal Management platform. This European (Belgium) based software company has been recognized by Gartner several times in the last couple of years as a Representative Vendor worldwide for its Enterprise Legal Management and Corporate Legal Management solutions. Today, Knowliah supports with its intelligent Enterprise Legal Management platform more than 150 customers with 3.000 legal users worldwide & 20.000 business users in 25 countries. On top of that, the company keeps on growing on an international level, thanks to its multilingual DNA in solutions, user experience and services.
About Deloitte
Deloitte Belgium: A leading audit and consulting practice in Belgium, Deloitte offers value added services in audit, accounting, tax and legal, consulting, financial advisory services, and risk advisory services. In Belgium, Deloitte has more than 5,100 employees in 11 locations across the country, serving national and international companies, from small and middle-sized enterprises, to public sector and non-profit organisations. The turnover reached 635 million euros in the financial year 2021.
Deloitte Belgium BV is the Belgian affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited. Deloitte is focused on client service through a global strategy executed locally in more than 150 countries. With access to the deep intellectual capital in the region of 345,000 people worldwide, our member firms (including their affiliates) deliver services in various professional areas covering audit, tax, consulting, and financial advisory services. Our member firms serve over one-half of the world’s largest companies, as well as large national enterprises, public institutions, and successful, fast-growing global companies. In 2021, DTTL’s turnover reached over $50.2 billion.
Deloitte refers to a Deloitte member firm, one or more of its related entities, or Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each its member firms are legally separate and independent entities. DTTL (also referred).
