The ThoughtTrace™ platform uses machine learning and artificial intelligence to read words,
sentences, and paragraphs in supplier agreements and customer contracts just like a human does.
You get results in minutes or hours, not weeks or months which allows you to drive better strategy, decisions, and execution.
ThoughtTrace™ can process thousands of documents in a day and understand every obligation, opportunity, limitation, and risk with over 100 provisions and data elements made visible in an instant.
ThoughtTrace™ surfaces critical information hidden in agreements through human-assisted artificial intelligence, to avoid delays and unnecessary costs.
No matter what your area of business, chances are, your company has many different departments that serve different functions. Most companies have thousands to hundreds of thousands of contracts across their organization that have been negotiated by different groups, with different risk exposure. Legal departments and directors simply don’t have the resources to keep in front of the issue. However, contract risk management is essential to running a risk averse and successful organization. ThoughtTrace™ can help your organization by identifying those areas of risk across your organization in a cost effective manner, freeing your resources to hone in on exposure and handle as they see fit.