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What is MRI Contract Intelligence?

Tackle the intricate nature of contracts by uncovering critical insights hidden within corporate and legal documents, while identifying potential areas for cost savings and improved profitability. Contracts are fundamental to any organization, but the complexity of these agreements, coupled with cumbersome manual processes, often complicates the tracking and management of key terms and responsibilities. With MRI Contract Intelligence, the data extraction and contract analysis process is simplified, significantly reducing the risk of expensive revenue losses and revealing valuable insights contained in various papers. Our cutting-edge machine learning and optical character recognition technologies have been meticulously honed using vast datasets, enabling them to process contracts and retrieve information with enhanced speed and accuracy compared to conventional techniques. Leverage AI to emphasize important dates, financial details, clauses, and other critical elements, all while offering direct citations from the original documents, ensuring a detailed understanding of your contractual commitments. This groundbreaking method not only improves operational efficiency but also equips businesses with the tools to make strategic decisions based on precise and easily accessible information, fostering a more proactive approach to contract management. As a result, organizations can not only safeguard their interests but also unlock new avenues for growth and success.

What is August?

August functions as an all-encompassing legal AI platform designed to support law firms in streamlining vital workflows and boosting operational productivity by merging drafting, review, collaboration, and business processes into a single, unified interface. This cutting-edge tool enables lawyers to create, review, redline, and manage documents through AI that is tailored to fit each firm's specific precedents, templates, and style preferences, thereby ensuring that all outcomes align with established legal standards. A standout feature is its tabular document review capability, which efficiently extracts and compares essential data from large volumes of files, complemented by AI-assisted clause drafting that allows users to modify and refine contracts directly in widely used software such as Microsoft Word. Additionally, it includes an intelligent assistant that can address questions across various documents, summarize content while offering references, and generate client-appropriate communication materials, greatly reducing the time attorneys spend on research and preliminary reviews. By incorporating these advanced functionalities, August not only optimizes workflows but also significantly increases the productivity of legal teams, allowing them to focus on more strategic tasks. Ultimately, this innovative platform transforms the way legal professionals operate, setting a new standard for efficiency in the legal industry.

Media

Media

Integrations Supported

MRI Software
Microsoft Excel
Microsoft Outlook
Microsoft SharePoint
Microsoft Word
NetDocuments

Integrations Supported

MRI Software
Microsoft Excel
Microsoft Outlook
Microsoft SharePoint
Microsoft Word
NetDocuments

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

www.mrisoftware.com/products/contract-intelligence/

Company Facts

Organization Name

August Law

Company Location

United States

Company Website

www.august.law/

Categories and Features

Categories and Features

Legal Research

AI / Machine Learning
Annotations
Brief Analytics
Case Alerts
Case Law Research
Change Tracking
Data Visualization
Filtering
Query Suggestions
Search History
Self-Service Search
Statutes Research
Tax Law Research
Third-Party Analysis Integration

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