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Improving deal velocity is crucial for closing deals faster and driving business growth. Efficient contract management can significantly enhance the speed of deal closure and reduce bottlenecks.
AI Contract Review provides the solution.
Delays in contract reviews and negotiations can significantly slow down deal closures. Ensuring quick and accurate contract management is essential for improving deal velocity.
By using ThoughtRiver, you can ensure all contracts are quickly and accurately reviewed, minimising delays and speeding up the deal closure process, thereby enhancing overall deal velocity.
"The platform reviewed complex agreements in less than 3 mins at an accuracy level of above 90%. The same contract took qualified lawyers 4 hours to review at an average accuracy rate of 86%."
Joe Stephenson - Partner and Head of Technology at Shoosmiths