Contract review software - does it work?
It can take hours to review a contract. With Artificial Intelligence and Machine Learning, you can get answers in minutes. Highlighting and flagging parts that are critical to your business when recognizing clauses and legal concepts, as well as detecting deviations and ascriptions.
Contract review tools highlight important clauses, warn when something is missing, and flag deal-breakers. All in less than a minute. As a result, you can forward this feedback to your customer the very same day. No more gridlock.
You also get rid of obvious deal-breakers before you start wasting money and time waiting for your lawyers, and they in turn, get a cleaned-up contract that allows them to focus on providing you with cost-efficient and value-adding expert advice.