ThoughtRiver
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About
ThoughtRiver is an advanced AI-driven platform designed to streamline contract review, editing, and approval processes in the legal field. It automates routine tasks, significantly reduces review time, and increases accuracy and efficiency, allowing legal teams to focus on more complex matters. Users can leverage a customizable framework that suits various industry needs, with tools for contract health reporting, risk assessment, and negotiation insights, all backed by impressive accuracy statistics. ThoughtRiver encourages collaboration within existing workflows and provides a personalized approach to contract management, making it a pivotal resource for legal operations across multiple sectors.
Platform
Task
Features
• high accuracy rate (up to 97%)
• digital issue lists for flagged risks
• automated markup and editing suggestions
• searchable contract database
• quick contract review time (average 8 min)
FAQs
What industries can benefit from ThoughtRiver?
ThoughtRiver serves various industries including legal services, financial services, engineering, healthcare, and more.
How does ThoughtRiver enhance accuracy in contract reviews?
The platform undergoes rigorous testing three times a week against 750,000 data points, ensuring high accuracy and daily updates from in-house legal experts.
Can ThoughtRiver integrate into existing workflows?
Yes, ThoughtRiver integrates seamlessly into platforms like Microsoft Word and Teams, enhancing user experience without disrupting existing processes.
Pricing Plans
Standard
GBP19500.00 / per year• Automated contract analysis
• Pre-trained AI questions
• Custom playbooks
• Integration with Microsoft Word and Teams
• Contract management dashboard
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