Malbek Unveils Generative AI Functionality to Streamline Contract Insights and Recommendations

ChatGPT will empowers users with deeper insights to streamline negotiation time and shorten review cycles.

Malbek, the most cutting-edge, AI-fueled contract lifecycle management (CLM) platform, announced the release of its new Generative AI capabilities to streamline contract insights and assist with contract recommendations.

AiThority Interview : AiThority Interview with Shaun McGirr, Field CDO at Dataiku

The new functionality featuring ChatGPT (powered by OpenAI’s GPT3) will help Legal, Executive, and Business users alike to easily comprehend the language used in contracts, make revisions, seamlessly accept or reject redlines, and make custom requests – all in plain English. This powerful new feature empowers users to streamline negotiation time and shorten review cycles.

“In the past few months, ChatGPT has been everywhere” said Hemanth Puttaswamy, CEO of Malbek. “The buzz around Generative Artificial Intelligence is undeniable, but businesses want to know whether this tech will actually help them. This is truly a unique innovation that will transform the contracting process, saving users time and making it easier for them to do business.”

Read More Interview: AiThority Interview with Mario Ciabarra, Founder and CEO of Quantum Metric

Malbek is sponsoring at Legalweek, one of Legal industry’s premier events in New York City. The event will take place March 20-23 at the New York Hilton Midtown. Attendees will have the opportunity to see the technology in action at booth 2109 and learn how it can benefit their organization.

“Balancing tolerance for risk and the need for speed, we’re thrilled to be able to demonstrate how this innovation can be a staple in your business,” added Matt Patel, COO of Malbek.

 Latest Interview Insights : AiThority Interview with Jessica Stafford, SVP of Consumer Solutions at Cox Automotive

 [To share your insights with us, please write to sghosh@martechseries.com]