Commercial Agreements

Commercial Agreements

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.

THE THOUGHTTRACE PLATFORM

How it Works

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Separate & Classify

Fast and efficient document separation and classification provides visibility into your obligations and opportunities saving you time to do your job.
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Review & Report

Understand obligations, opportunities, and data quickly and accurately so you can prioritize due diligence based upon risk.
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Group & Organize

ThoughtTrace automates the tedious and error prone task of grouping and organizing information & data found within your contracts, saving you valuable time.
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Extract & Analyze

ThoughtTrace's automated contract data extraction and analytics create complete transparency. The software extracts thousands of provisions & critical data elements.

Reduce Manual Contract Analysis

Reduce Manual Contract Analysis

Automated Analysis of Key Clauses

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.

Focus on the Critical Details

Focus on the Critical Details

Ensure Proper Scheduling, Quality Controls, and Terms and Warranties

ThoughtTrace™ surfaces critical information hidden in agreements through human-assisted artificial intelligence, to avoid delays and unnecessary costs.

Contract Risk Management

Contract Risk Management

Never again use the excuse that your organization is too busy and lacks the funds to manage risk across your contracts.

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.

  • Finally enable your Contract Management personnel, Legal Department, CFO to access the most pertinent information regarding contract risk across the organization
  • Identify and analyze your most important rights and obligations surrounding indemnity, limitations of liability, assignment, change of control, intellectual property rights and license grants, termination for convenience, term, audits, etc.
  • Save your company the hassle of contracting with an outsourcing legal company, spending hundreds of thousands to six figures to manually review your documents
  • Save your financial resources so that you can spend it wisely, where needed, after ThoughtTrace™ has provided your people with the areas that need attention

Ready? We Thought So.

Contact Us

Contact Us

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