Transforming contract analytics into actionable intelligence
Contract Analytics is a highly tedious, labor intensives and error process. Respondents to the 2018 Lexis study demonstrated that 53% of legal departments spend too much time on repetitive tasks. This White Paper examines areas where automation of contract review and analysis are demonstrating measurable efficiency improvements.
Inefficient contract life cycle management processes may cost organizations as much as 9% of their annual turnover. This white paper provides practical guidance relating to what to look for in a contract analytics solution and the use cases it is designed to address.
Contract Analytics is a highly tedious, labor intensives and error process. Respondents to the 2018 Lexis study demonstrated that 53% of legal departments spend too much time on repetitive tasks. This White Paper examines areas where automation of contract review and analysis are demonstrating measurable efficiency improvements.
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