Made By
EbreviaReleased On
2011-10-24
eBrevia's DraftPro is an AI-powered contract review and management software that automates and streamlines the analysis of legal documents. This solution significantly reduces the time and effort required for contract review while improving accuracy, making it particularly valuable for legal teams and organizations handling large volumes of contracts.
Key features:
- Automated Data Extraction: Quickly extracts key provisions and data points from thousands of documents, reducing time and potential inaccuracies associated with manual contract review.
- Speed and Time Savings: Potentially halves the time required for contract review tasks compared to manual processes.
- Accuracy Improvement: Achieves 10-60% higher accuracy than manual review processes.
- Self-Training Capability: Allows non-technical professionals to train the software to extract custom terms and provisions, enhancing flexibility and adaptability to specific business needs.
- Pre-Trained Provisions Library: Comes equipped with an extensive library of pre-trained provisions for automated data extraction, covering many common concepts and data points.
- Fast Document Scanning: Capable of scanning over 50 documents within a minute, facilitating rapid review and analysis.
- Secure and Connected: Features bank-grade security with powerful encryption and SOC 2 Type 2 Certification, ensuring data protection and compliance.
- Customizable Integration: Offers customization options through an open API, allowing seamless integration with existing systems and workflows.
How it works:
1. DraftPro combines natural language processing (NLP) technology with machine learning algorithms.
2. The software draws from a vast repository of legal documents to recognize language patterns and identify key concepts.
3. Users interact with DraftPro through a web-based platform.
4. Organizations can choose between cloud-based deployment or on-premise installation.
5. The platform is designed for intuitive use, allowing for same-day deployment and easy training by non-technical staff.
Integrations:
Open API for integration with various systems and platforms
Use of AI:
DraftPro utilizes machine learning and natural language processing to understand and interpret human language within large datasets of legal documents. This AI foundation enables the software to efficiently recognize language patterns and identify key concepts in contracts.
Target users:
- Legal teams
- Law firms
- Organizations in real estate, insurance, finance, and corporate mergers and acquisitions
- Any organization handling a significant volume of contracts
How to access:
DraftPro is available as a web-based platform with options for cloud-based deployment or on-premise installation. Users can interact with the software through this platform, which is designed for easy deployment and training by non-technical staff.
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