Tag: Automation

Join Preston Clark, a former in-house attorney and the founder of SimpleDocs, for a free weekly webinar to explore the latest strategies and best practices in contract automation.

Contract management automation is a comprehensive method of automatically creating a contract with the help of data saved on an enterprise's system and other fundamental inputs required to create a detailed contract. With the help of contract management automation tools, companies can establish a legal contract automation system to reduce their team's workload and boost productivity. 

Contract review automation technology examines and evaluates a contract's important clauses using artificial intelligence (AI) and machine learning. And by doing this, the automation software streamlines the contract review procedure, making it simpler than utilizing a human approach to screen contracts for mistakes and potential threats. 

Contract automation refers to the process of streamlining admin tasks, reducing business overhead, and providing an overview of all contracts. The technology-assisted process enables legal and non-legal teams of an organization to use software to draft and review contracts while saving the time of conducting the task manually and reducing errors and discrepancies.