ContractPodAi - Company of the Year - Legal

Company: ContractPodAi, London, UK
Entry Submitted By: Kickstand Communications
Company Description: ContractPodAi Cloud is the one legal platform that streamlines and simplifies all your in-house legal processes, from the simplest to the most complex. Well-established as the leader in end-to-end contract lifecycle management, ContractPodAi harnesses the unrivaled AI power of IBM Watson and Microsoft Azure for leading corporations around the world.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Legal - Medium-size

Nomination Title: ContractPodAi

ContractPodAi is an award-winning legal tech company and leader in AI-powered contract lifecycle management (CLM) solutions. One of the world’s fastest growing legal tech companies, ContractPodAi is a solution which is built “for lawyers by lawyers” used by in-house legal departments at global enterprises including AIG, Technicolor and Cigna.

ContractPodAi’s is a leading end-to-end contract lifecycle management solution. In the past, our product has been unique in that it is the only CLM solution with AI technology infused throughout the end-to-end system. A unique example is the multidimensional elements of AI used across the end-to-end platform. The AI increases value of the CLM for users as it solves diverse, complex business use-cases for corporate legal teams. Gartner awarded ContractPodAi the “Cool Vendor” designation in 2019 for our depth of AI integration throughout the application. As a comparison, all other CLM solutions embed AI to help in one or two areas.

ContractPodAi Cloud amplifies business’s readiness through our partnerships with complementary technology providers including IBM, Microsoft, DocuSign, and Salesforce. ContractPodAi® is headquartered in London and has global offices in San Francisco, New York, Glasgow, Chicago, Sydney, Mumbai, and Toronto. More information is available at ContractPodAi.com.

In early 2021, ContractPodAi launched ContractPodAi Cloud - one legal platform that streamlines and simplifies all in-house legal processes, from the simplest to the most complex. Our platform’s robust, intuitive, and easy-to-use capabilities have been extended to handle the entire, end-to-end legal lifecycle – any use-case, any document type, any scenario. Building on the strength of ContractPodAi’s end-to-end contract lifecycle management (CLM) solution, this no-code platform allows teams to manage any legal scenario, process, or document. Instead of investing in a multitude of disconnected point solutions, in-house legal teams rely on a single platform for any legal process, for example from claims to RFP review to IP portfolio management.

The platform offers simple, guided forms and templates to create a legal application from scratch in minutes - what otherwise previously may have taken hours of consideration. Across both pre-built applications and configurable applications, the platform leverages an embedded toolkit of AI functionality like document review, cognitive search, and advanced analytics solutionized for each use case. Pre-built applications contain tailored AI data models tuned to the objective of each module, helping in-house counsel address any legal task they need to deliver, from buy-and sell-side contracting, to compliance requirements, to corporate governance.

ContractPodAi developed this product with a fully revamped user interface based on modern legal design thinking. We wanted the legal technology experience to be seamless – for legal and non-legal users alike. Not only does that organically drive adoption for greater impact for our customers, but it also makes the everyday experience enjoyable and premium.

ContractPodAi’s innovative approach extends to the value customers can expect to receive through the no-risk digital transformation delivery model. Our outcomes-based pricing pins a customer’s payment to our achievement of mutually-defined and measurable implementation outcomes.

One of the many reasons we have launched this product is feedback from our customers. We work closely with our in-house legal team customer base, who have made it clear to us they want to handle all things legal in one platform. This is because it saves them the constant IT overhead and challenges of integrating and maintaining multiple systems. As ContractPodAi’s customer base is in-house corporate legal departments, most general counsel (GCs) prefer one singular platform where they can centralise, consolidate and digitize all their legal assets.

ContractPodAi is well-established as a leader in CLM, however, this pivotal shift towards platformization is an industry-pioneering transition for our business and in legal technology. We are the only legal technology provider that has taken the power of IBM Watson and built proprietary AI on top of it to offer a unique product that comes with a wide range of legal AI that can address a number of legal scenarios.

-ContractPodAi Cloud brochure attached - see details on features
-Read our customer reviews on Capterra: https://capterra.ca
-We have placed in “Visionary” quadrant in the 2021 Gartner Magic Quadrant for Contract Lifecycle -Management – see full report at https://www.gartner.com/document/4001421