October 15, 2008
Mitratech Launches ‘Go Green’ Initiative to Boost the Environmentally-Friendly Impact of Its Electronic Collaboration and E-Billing Product, Collaborati(R) Spend Management (CSM)
Mitratech, a leading provider of software solutions for organizations to manage matters, risks, and ensure compliance, today announced the launch of its "Go Green" initiative, encouraging legal organizations to reduce unnecessary paper usage and waste using CSM.
CSM enables legal organizations to operate with greater environmental responsibility by eliminating roughly three-quarters of a ton in paper invoices for the typical legal department on an annual basis.
To further the green benefits of its CSM product, Mitratech is donating 1% of CSM revenues towards green charities focused on protecting and serving the environment. This year's recipient is TreePeople, a Los Angeles-based non-profit organization dedicated to helping nature heal our cities through urban forestry and environmental education. Founded in 1973, TreePeople has initiated numerous large-scale public and youth education programs, making TreePeople one of the largest environmental educators in the U.S.
As a member of TreePeople's Corporate Forestry program, Mitratech will be planting and caring for 40 trees in Pan Pacific Park in Los Angeles. The company will engage approximately 80 volunteers, comprised of employees and their families, for a planting event from 9 am - noon on Saturday, October 18, 2008.
"Since the release of CSM, we have witnessed an incredible adoption rate in both organizations looking to e-bill for the first time as well as those replacing competitive systems," said Afshin Behnia, President and CEO of Mitratech. "Our Go Green program helps legal departments move away from paper-intensive operations to better comply with corporate green policies. As we expand CSM beyond e-billing to include rate, budget, and matter collaboration, we will further increase its earth-friendly benefits, helping legal departments operate more effectively and responsibly."
"TreePeople is pleased to work with business leaders such as Mitratech," says TreePeople Annual Fund Director Kelley Skumautz. "By planting trees together, we're improving air quality, giving residents and city buildings places of shade, and reversing the waste of water by harvesting, cleaning and storing rainwater."
In its commitment to the environment, Mitratech will continue to donate a portion of its CSM revenues to green organizations annually.
TreePeople is a nonprofit organization serving the public for over three decades. They offer sustainable solutions to urban ecosystem problems, focusing on: training and supporting communities to plant and care for trees; educating school children and adults about the environment and; working with government agencies on critical water issues. To volunteer, donate, or learn more, visit: www.treepeople.org.
About Collaborati(R) Spend Management (CSM)
Collaborati Spend Management helps organizations strategically manage legal costs to proactively contribute to the bottom-line. The e-billing and vendor collaboration system helps enforce billing guidelines and streamline invoice workflows for significant efficiency gains. Corporate legal departments benefit from a highly secure, accountable collaborative workspace that facilitates receiving, managing, and validating legal invoices. Senior management gain a total view of outside legal expenditures. Counsel can assess vendor performance against spend to ensure receiving the highest level of service possible.
Mitratech provides market-leading Collaborative Accountability Applications for businesses and their trusted partners. With team-oriented domain applications in legal process automation, governance, risk, compliance and security, Mitratech's TeamConnect Collaborative Accountability Suite improves transparency of financial reporting, reduces exposure to risk, and boosts operating discipline, information security and the efficiency of enterprise processes. Our Collaborati browser application also meets the accountability and collaboration needs of proliferating extraprise teams, wherein vendors, partners and service providers often have to be included in sensitive teamwork projects such as electronic billing, legal hold and collaborative budgeting, or those which expose your business to liability. For more information, please visit http://www.mitratech.com.