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What is ThoughtRiver?

ThoughtRiver's innovative automated platform for contract review has the potential to transform your contract management practices significantly. By automating risk assessment and facilitating AI-driven remediation, our technology simplifies the contracting process, eliminating the need to painstakingly examine every clause for crucial information. Instead, ThoughtRiver efficiently analyzes contracts and offers valuable legal insights. This solution not only enhances lawyers' productivity but also tackles a major concern for CEOs: accelerating the pace of deals. With our platform, organizations can expedite their contracting procedures, resulting in faster contract signings and quicker revenue generation through smart pre-screening of contracts. Experience the transformation by joining the numerous satisfied legal firms and service providers that have already optimized their contracting workflows with ThoughtRiver. Embrace the future of contract management today and witness the impact on your organization’s efficiency.

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.

Media

Media

Integrations Supported

HighQ
Microsoft Word

Integrations Supported

MRI Software
Microsoft Excel

API Availability

API Availability

Pricing Information

Volume based pricing
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

ThoughtRiver

Date Founded

2013

Company Location

United Kingdom

Company Website

www.thoughtriver.com

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

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

Categories and Features

AI Contract Review

Not specified

AI Legal

Not specified

Contract Analysis

Not specified

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Legal Document Management

Access Controls
Archiving & Retention
Contract Management
Document Indexing
Document Tagging
Version Control

Categories and Features

AI Contract Review

Not specified

AI Legal

Not specified

Contract Analysis

Not specified

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