NASHVILLE, TN– (November 17, 2021) -- Quovant, the leader in strategic legal spend management technology solutions and trusted advisor to Fortune 500 and Global 2000 companies, today announces the creation of an executive-level innovation role and welcomes industry thought leader, Misty Price, as Senior Vice President of Innovation. Misty’s onboarding marks the company’s fifth notable hire in less than five months, including two executive team members, a remarkable achievement and testament to the company’s growth trajectory.
The speed of business is accelerating. Chief Legal Officers and Chief Risk Officers must synthesize rapidly changing markets into a vision for aligning outside counsel with the business strategy of the organization. Both corporate legal and risk departments not only need actionable data and analytics to make better business decisions faster, but they need a partner that brings these solutions in differentiating and innovative ways.
This is Quovant. With the creation of an executive innovation role, Quovant affirms its position as an innovative partner to the legal and risk clients they serve. Quovant plans significant expansion and enhancement of its unique, tech-enabled services approach that leverages machine learning, business intelligence, and human capital to unlock the value of the legal spend and workflow data to make it actionable.
Prior to joining Quovant, Misty’s impressive career includes roles as the Chief Operating Officer and Director of Analytics for Testan Law as well as several roles in innovation and analytics within Marsh USA. In her role as SVP of Innovation for Quovant, Misty will be responsible for defining and driving innovative solutions that accelerate Quovant’s capabilities to deliver transformational integration, analytics and improved outcomes.
Misty Price comments: “I am thrilled to be joining Quovant at this time of incredible growth and also for the opportunity to be part of a company that not only believes in innovation but is actually investing in it. I know, because we have the support of leadership, that we will be able to create some incredibly unique products and services that clients have been seeking. I am eager to see the tremendous value we can add to their organizations.”
Bill Horne, CEO of Quovant, comments: “We are proud of the caliber and growth across Quovant’s leadership and of our commitment to innovation. It has always been our objective to continuously push the envelope to evolve as a company, and I know that Misty’s contributions to our innovation programs will do just that while expanding the value we deliver for many of the world’s most respected companies.”
Quovant has helped some of the world’s most recognized brands – including over 20 percent of the Fortune 500 analyze outside legal spend and law firm performance. Quovant’s suite of software and services helps streamline matter (or claims) management, invoice review and payment processes while uncovering actionable insights and analytics that lead to more informed, data-driven decisions, operational efficiencies, and cost savings. Clients can choose from a turnkey, cloud-based legal spend solution or tap Quovant’s experienced team powered by proven technology to do it all for them. Learn more at Quovant.com.