Continental Europe News
Wolters Kluwer’s ELM Solutions is sponsoring this week’s General Counsel 2018 Roundtable, being held in Geneva. The event, organized by Drive Innovation Insights, will bring together Europe’s leading general counsels to discuss major industry issues, including the need to embrace digitization and how to deal with “hyper-regulation”, focusing on new compliance obligations with General Data Protection Regulation (GDPR) and European Public Prosecutor Office Regulation.
Notably, Sandeep Sacheti, Vice President of Customer Information Management & Operational Excellence for Wolters Kluwer Governance, Risk & Compliance Division, will take part in a panel on the “Future Artificial Intelligence & Blockchain Revolutions for General Counsel”, asking whether we are at the dawn of robot lawyers and predictive justice. He will be joined by Cameron Craig, Deputy General Counsel and Group Head of Data Privacy and Digital, Group Legal, at HSBC.
Other topics up for discussion include mitigating Brexit’s legal impact by March 29, 2019, and how to meet demanding Board expectations by driving innovation in legal teams through agile and collaborative ways of working. Regulators presenting at the conference will include Peter-Jozsef Csonka, Head of General Criminal Law and Judicial Training for The European Commission.
Sacheti leads a team that combines market research and analytics to identify customer trends, drive product development, sales, service and operational excellence across all core processes. Before joining Wolters Kluwer, Sacheti was the head of business risk and analytics U.S. banking for UBS, where he devised a strategy that enabled financial advisors to make analytical-driven recommendations to lower the cost of debt for clients. Previously, he served in a number of roles at American Express, where, under his leadership, the commercially underwritten portfolio doubled.
Sacheti received his Doctorate from the University of California, Berkeley. He also holds more than 20 patents in decision science, fraud verification and identification and has published extensively on these subjects.
Last year Wolters Kluwer’s ELM Solutions launched Passport Office Companion, a unique modular architecture and state-of-the-art web-based module for the Passport platform. Office Companion enables legal professionals to manage their legal workflows directly from the familiar Microsoft Office Suite of products. By eliminating the need for employees to switch between multiple systems to do their work, Office Companion saves time and increases productivity for employees.
In January 2018 Wolters Kluwer’s ELM Solutions also announced it has added comprehensive spend management capabilities to its award-winning Passport Office Companion solution.
Passport Office Companion’s new spend management capabilities include invoice review, adjustment, approval, and rejection as well as the ability to drill down into details of an invoice at the line item. In addition, other key features, including invoice summary information and adjustment history are included to easily provide visibility and management of invoices.
In addition, Passport Office Companion offers users the ability to connect seamlessly to legal document management systems in addition to the native document functionality within Passport, further simplifying the user experience and increasing efficiency of users.
In November 2017, Hyperion Research, the legal industry's premier source of independent market research and advisory services, honored Passport with a number of its highest accolades as an “Advanced Solution” in the analyst firm’s updated release of its “MarketView Report for Enterprise Legal Management (ELM).”
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