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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 Crosby?

Crosby is a forward-thinking law firm that leverages hybrid AI technology to optimize the effectiveness of contract review and negotiation, merging the strengths of AI agents with the knowledge of legal experts. This innovative strategy effectively tackles common legal challenges, including Master Service Agreements (MSAs), Data Processing Agreements (DPAs), Non-Disclosure Agreements (NDAs), Statements of Work (SOWs), order forms, and terms negotiation, by allowing AI to handle the processing and redaction of standard clauses, while legal professionals concentrate on more complex or ambiguous matters, frequently delivering redlines in under an hour. Furthermore, Crosby integrates effortlessly into existing workflows through platforms such as Slack, email, or CRM triggers and incorporates adaptive Knowledge Agents that tailor themselves to the unique terms of your business, reducing repetitive tasks and improving consistency over time. The platform also gathers benchmark data from a wide array of deals, providing comparative insights that help refine contract terms. Its pricing structure is transparent, based on the number of documents rather than hourly fees, distinguishing it from traditional law firms. By functioning more like a deal execution engine than a typical legal service provider, Crosby enables sales, go-to-market (GTM), and legal teams to handle contract workloads with enhanced speed, reliability, and fewer delays, ultimately streamlining the entire process for improved productivity. This exceptional combination of technology and legal skill not only showcases Crosby's innovative approach but also solidifies its status as a frontrunner in the realm of contemporary legal solutions. Moreover, the firm’s commitment to continuous improvement ensures it remains adept at meeting the evolving needs of its clients in an ever-changing landscape.

Media

Media

Integrations Supported

MRI Software
Microsoft Excel
Slack

Integrations Supported

MRI Software
Microsoft Excel
Slack

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

Crosby

Company Location

United States

Company Website

crosby.ai/

Categories and Features

Categories and Features

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