Improve deal velocity with AI assisted contract reviews

Contract Reviews are key to any organization (both during pre-execution and post-execution) in order to understand what obligations the organization is getting into and if there are any risks associated.

Most organizations are still adopting manual review process to surface the risks and this not only involves a large amount of time but is also inefficient. Also, 75% of the budget spent by Fortune 1000 companies towards contract reviews is just spent in marking up contracts with semantically similar language.

Using AI assisted contract review tools like Smart Contract Analytics can help organizations to reduce the legal costs and improve overall efficiency while speeding up the deal velocity.

For more information please referĀ

Leave a Reply

Your email address will not be published. Required fields are marked *