The startup's platform will be adopted by one of Japan's biggest energy companies
Women-led, Melbourne-headquartered legaltech startup Xakia Technologies has made its debut in the Japanese legaltech market with its in-house legal hub Xakia.
The platform will be adopted by the legal department at JERA Co., Inc, which Xakia Technologies said is one of the biggest energy companies in Japan.
“In a rapidly changing environment, adopting a simplistic, easy to implement and innovative matter management system such as Xakia was a top priority for us,” said Sawako Ohgi, general manager of the strategic legal unit at JERA’s legal group.
The Xakia platform is characterised by four key features: legal matter management, legal intake and triage, legal spend and external counsel management, and legal data analytics and reporting. The system has been designed to support the Japanese language, and can be configured to support more languages like English, Spanish, French, Danish, Dutch and Portuguese (Brazil), Xakia Technologies said.
“Xakia is about optimising our resources and improving the efficiency in our operations through strategic insights. We can now see what work is coming in, from what department, the type of work, the volume of work, the complexity of the work, the risk assessment, and that is really helpful for us because it helps us to allocate our resources,” Ohgi said.
She explained that the platform streamlines processes for more than 15 members of JERA’s legal team.
“We’re delighted that JERA chose Xakia to facilitate its vision for an efficient and impactful legal department. In addition to streamlining JERA’s workflows to manage its legal workloads, deadlines and priorities, Xakia’s data analytics power its interactive dashboards and reporting,” Xakia Technologies CEO Jodie Baker said.
Xakia is currently being utilised by Australian companies Wesfarmers, Virgin Australia, Transurban and Optus as well.
Established in 2016, Xakia Technologies has expanded its reach to 14 countries, including the US.