Legal Hold Module

Managing legal spend can be a challenge, with complex billing rules, hidden costs, and the constant need for compliance. Ascent’s Advanced eBilling module is designed to tackle these pain points by automating invoice processing, enforcing billing guidelines, and providing real-time insights into your financial performance.

With Ascent, you can eliminate billing errors, reduce administrative burden, and gain full control over your legal budgets. Empower your team to make smarter financial decisions while staying compliant and efficient.

Contract Management module interface

STREAMLINE LEGAL HOLD COMMUNICATIONS

Maximize Accuracy with Automated Invoice Review

  • Save Time: Automatically send legal hold notices to custodians with pre-built templates.
  • Ensure Consistency: Standardize notifications to reduce errors and maintain compliance.
  • Track Acknowledgements: Monitor who has received and acknowledged the notice in real time.

SPEND TRANSPARENCY

Complete Visibility Over Your Legal Budget

  • Monitor Progress: Track custodian responses and completion of assigned tasks.
  • Proactive Oversight: Identify non-compliant custodians and address gaps promptly.
  • Centralized Records: Maintain all custodian data and communications in one place.
Contract Management module interface
Contract Management module interface

DEFENSIBLE AUDIT TRAIL

Simplify Compliance with a Robust Audit Trail

  • Ensure Accountability: Automatically log every action related to the legal hold process.
  • Facilitate Audits: Provide regulators and legal teams with detailed and defensible records.
  • Minimize Risks: Protect your organization against claims of non-compliance.

REMINDERS & ESCALATIONS

Never Let a Legal Hold Slip Through the Cracks

  • Automate Follow-Ups: Schedule automated reminders for custodians who haven’t responded.
  • Manage Escalations: Flag and escalate overdue tasks to ensure timely resolution.
  • Stay Organized: Eliminate the need for manual tracking with intelligent automation.
Contract Management module interface

Request a demo today and experience a seamless transformation in your legal and corporate governance operations with Ascent.

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