If you’re a kid with an algorithm and a dream, chances are you may be asking yourself: Is now a good time to stick a toe into the fast-paced world of e-billing?

The short answer is that yes, demand for such technology from legal departments is strong, especially the insights into matter spend and overall efficiency that can be attained by analyzing financial data. But that doesn’t necessarily guarantee a winning hand for startups, who will likely have to live the long shadows of the market’s more established companies .

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