Having worked with Corporate Counsel for the last 10 years, I have always watched the spend management applications. Having worked with law firm billing departments for the last 12 years, I have been involved in enough electronic billing. Now Advologix has launched a product for Corporate Counsel that has spend management and can accept electronic billing. Within each Matter, you can manage both the documents, milestones, events and you can manage your spend with outside counsel. AdvologixGC is aimed at the mid size corporate counsel but as it is built on the force.com it can scale to any size firm and in my opinion is also priced where it will fit into the small corporate counsel budget.
I have a sample database up and operational and I have been involved in a demo of the next product. With the pricing and features, it is an application that will be looked at by many Corporate Counsel.