Global News
Global Technology Provider Helps Elite Clients Manage Spend More Strategically
Thomson Reuters Elite, part of Thomson Reuters Legal, today announced that it has formed a new Integration partnership with global technology provider Fraedom. Fraedom’s SaaS solution helps control the depth and breadth of indirect spend by integrating travel and expense management technology with business-to-business payments technology—all through one platform.
Designed to find smarter ways to manage business spend, the Fraedom platform will help clients save money, increase control, free up staff, and ultimately bring direct savings to the bottom line. By ensuring all transactions are visible in the same place, client spend can be managed more intelligently, efficiently, and consistently. The partnership with Fraedom means that Elite clients can also report on spend from a high level through data trends or in greater depth through individual transaction analysis.
“Through clever and secure technology, Fraedom and Elite can share data between their platforms in order to provide customers with the ultimate cloud-based service,” said Kyle Ferguson, CEO, Fraedom. “While Elite continues to be the single point of truth for financial information, it can now be enhanced as daily transaction data flows in from the Fraedom platform, giving clients even greater levels of reporting capabilities.”
“Integrating solutions from Fraedom equips Elite clients with a seamless approach to accurately managing all spend, so they can simplify, automate, and manage the entirety of the travel and expense process,” said Elisabet Hardy, vice president of Product Management at Elite. “Fraedom’s solution makes it easy and convenient for clients to look more strategically at their spending habits, so they can quickly identify improvements and make better-informed decisions firm-wide.”
The Elite Global Strategic Alliance Program provides a one-stop global marketplace that fosters cooperation, streamlines the buy-sell cycle and helps all involved achieve a competitive edge. Elite partners are experienced technology, services and consulting organizations ready to innovate, collaborate and help our clients solve their most pressing business challenges. Visit the Global Strategic Alliance Program to learn more about the benefits of partnering with Elite.
Thomson Reuters Elite offers an end-to-end enterprise business management solution that allows law firms and professional services organizations to run all operational aspects of their firms including business development, risk management, client and matter management, and financial management. Our next-generation technology connects people, tasks, workflows, and business processes and is tailored to help firms and organizations meet organizational requirements and strategic goals.
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