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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 Luminance?

Luminance employs a combination of supervised and unsupervised machine learning methods in its document assessment workflow. Available via the cloud, Luminance is engineered for smooth operation, automatically interpreting and analyzing a variety of documents. The platform provides legal experts with AI-driven insights through a range of interactive tools that highlight crucial data points and anomalies. Luminance Diligence, in particular, is designed for corporate lawyers, supporting over 25 types of contract evaluations, including M&A due diligence, real estate issues, compliance with regulations, and document redaction. By harnessing sophisticated machine learning technology, legal professionals utilizing Luminance Diligence can perform rapid and comprehensive contract analyses, achieving insights previously unattainable. Furthermore, Luminance Discovery acts as an all-encompassing eDiscovery tool, utilizing artificial intelligence to transform how attorneys approach investigations, litigation, and arbitration. This platform includes advanced data ingestion and culling functionalities, improving the efficiency of early case assessments (ECA) and ensuring adherence to court requirements during document production. As a result, Luminance is not just enhancing the legal sector but is also paving the way for a future where technology plays a central role in everyday legal practices. This innovative approach ultimately leads to more effective and efficient legal workflows.

Media

Media

Integrations Supported

Ansarada
HighQ
MRI Software
Microsoft Excel

Integrations Supported

Ansarada
HighQ
MRI Software
Microsoft Excel

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

Luminance

Date Founded

2015

Company Location

United Kingdom

Company Website

www.luminance.com

Categories and Features

Categories and Features

Law Practice Management

Billing & Invoicing
CRM
Calendar Management
Client Portal
Conflict Management
Contract Management
Document Management
Email Management
Legal Case Management
Task Management
Time Tracking
Trust Accounting

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