BusyLamp is Onit‘s modern legal spend management solution built for European corporate legal departments. It allows Legal to centrally manage a team’s legal billing and spend, track outside counsel and legal vendor costs, automate invoice reviews, and streamline the vendor sourcing process—generating powerful insights that allow for enhanced strategic decision making. Spend Management: • Easily manage your team's legal billing and spending in one central location. • Monitor accruals, review pre-billing work-in-progress, and control spending with automated alerts and configurable budget thresholds. Invoice Review: • Deploy configurable workflows and keep stakeholders informed with reminders and notifications. • Quickly identify non-compliance with billing guidelines, agreed rates, and other fee agreements. Vendor Sourcing: • Create and share RFPs with legal service providers and set vendor selection criteria to gain quality submissions. • Assess suppliers and find cost-effective options by controlling submission rounds, automating evaluation workflows, and utilizing data comparison tools. Reporting & Analytics: • Configure dashboards to track legal spend and performance metrics. • Automate requests for budgets and legal staffing plans. • Improve decision-making with standardized or personalized cost reports for any request. Security & Support: • Enjoy robust data privacy features, including geographic data segregation options, automated data classification, retention tools, and banking-grade encryption. • Get dedicated multilingual support and comprehensive onboarding training for all customers and law firms.