ContractPodAi - Company of the Year - Legal

Company: ContractPodAi, London, UK
Entry Submitted By: Kickstand Communications
Company Description: A pioneer in the tech transformation space, ContractPodAi® is one of the world’s fastest growing legal tech companies. Customers include some of the world's largest and highly regarded corporations. ContractPodAi is an award-winning, easy to use, intuitive contract creation and lifecycle management solution aimed at corporate legal departments.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Legal - Medium

Nomination Title: ContractPodAi

A pioneer in the legal digital transformation space, ContractPodAi® is now one of the world’s fastest growing legal tech companies. ContractPodAi is an award-winning, easy to use and intuitive end-to-end contract lifecycle management (CLM) solution aimed at corporate legal departments. It enables users to assemble, automate, approve, digitally sign and manage all their contracts and documents from one place.

Our purpose is to be the leading contract management solution providing market leading AI technology to help in-house corporate legal teams. Our intent is to automate the mundane tasks, provide powerful insights using the AI engines, and help attorneys improve the quality, risk level assessments, and compliance of their contracts. We built our business in deep collaboration with in-house counsel and that’s where we maintain our focus. Organizations worldwide trust ContractPodAi to improve efficiency and fundamentally change how they do business. Customers include some of the world’s largest and most highly regarded corporations.

Our platform is built in partnership with some of the most trusted technologies in the industry including IBM Watson AI, Microsoft Azure AI, DocuSign and Salesforce. ContractPodAi is headquartered in London and has global offices in San Francisco, New York, Chicago, Sydney, Glasgow, Mumbai and Toronto.

Designed by lawyers for lawyers, ContractPodAi’s end-to-end contract management solution breaks through the AI industry. ContractPodAi is one of the world’s most robust CLM technologies, providing corporate legal counsels with a platform that provides end-to-end contract management capabilities like a smart contract repository, contract automation, document e-signatures, seamless workflows, third party contract review, negotiating and collaboration tools, and as of fall 2020, AI-based analytics.

In 2020, ContractPodAi launched Legal DeepSights: the first metrics-based dashboard in the market to help legal teams quantifiably measure their achievements and their alignment with critical business-wide outcomes. Legal DeepSights enables general counsel and leaders of legal functions to set and track results against their own metrics-based team goals, while quantifying the value they bring to their organizations to support overall business goals.

Legal DeepSights Features

Overall, in-house legal teams benefit from the following Legal DeepSights dashboards:

Key Performance Indicators: Insight into how well a legal team is performing against their individualized team goals and desired business outcomes, including tracking improvement against their own benchmarks over time.

Digital Transformation Journey: A detailed view of an organization’s adoption of and impact from legal technology – including views for teams outside of legal.

Contract Risk Analytics: A risk profile of a company’s contract portfolio, including drivers of risk and how to reduce the risk.

Obligation Analytics: A window into the obligations and metadata across all contracts, with options to filter and specify down to key sub-groups of contracts (e.g., by supplier, customer).

With this release, ContractPodAi takes legal analytics to the next level - beyond just contract-specific analytics and dashboarding that is standard in the market today. Instead, it pushes the industry envelope towards providing insight into a legal teams’ processes and achievements as a function. Through this, ContractPodAi is expressing full confidence and support for legal transformations within the industry. Legal DeepSights creates full transparency around the value of legal tech adoption, providing clients a quantified view of their own return on investment from their ContractPodAi platform.

ContractPodAi offers customers intelligent AI functionality, built on the trusted IBM Watson, and Microsoft Azure AI platforms, right out-of-the box. It’s about amplifying the impact of your legal excellence through the power of trusted artificial intelligence. A big part of whether CLM technology is successful within a company is its adoption with the business users, and legal team. Unlike most other CLM providers, with ContractPodAi, a client success manager (CSM) supports every customer. Digital transformation is a challenge for any industry, and legal is no exception. Ultimately, we believe that contracting should be fast, easy, and intelligent. ContractPodAi is there to support you every step of the way.

-Company website: https://contractpodai.com
-Legal DeepSights Fact Sheet (attached to entry)