Donnelley Financial Solutions, a leading risk and compliance company, announced the launch of ContractTracker, an Al-powered software that can review documents for key contractual language and data in minutes. Part of DFIN’s eBrevia platform, ContractTracker helps small and medium-sized businesses (SMBs) better understand the details of contracts with greater accuracy and speed.
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With ContractTracker, SMBs can securely manage, store, review and extract critical data from their agreements and contracts involving vendors, NDAs, licenses, l**** and more, up to 90 percent faster while increasing accuracy. This gives companies more time to dedicate to what matters most — running their business.
“Now, for the first time, small and medium-sized businesses can take advantage of an AI-powered automated contract management solution that was previously out of reach,” said Craig Clay, president of global capital markets, DFIN. “ContractTracker helps businesses quickly identify and track key information contained in contracts while saving precious time and money.”
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Additional Benefits
- Make Better Decisions: With ContractTracker, businesses can now uncover hidden clauses, costs, and opportunities, and make better-informed business decisions that lessen risk and help them build better relationships with customers, vendors, partners and third parties.
- Easy set up: With an easy and intuitive set up, it is simple to use and onboard in minutes. Contracts can be seamlessly dragged and dropped into the system.
- Data visualization: An intuitive dashboard along with search and filtering capabilities quickly surface and track contractual data. Data can be exported to reports in multiple formats.
- Cost effective: Accessible for business owners, executives, and in-house attorneys who need to scan hundreds of contracts.
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