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ThoughtRiver unveils Contract Acceleration Platform to help lawyers contract faster and with less risk
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Technology to help legal teams close deals more efficiently, as businesses look to bounce back post COVID-19
DB Schenker and Shoosmiths lead the way in adoption amongst ThoughtRiver’s global client list
London, UK. 11 February 2021: ThoughtRiver, the first mover and market leader in pre-signature contract review, today launches its Contract Acceleration Platform (CAP). ThoughtRiver’s CAP enables in-house legal teams and the law firms serving them to contract faster, with less risk.
As noted in Harvard Business Review, contracting is an activity that few companies do efficiently or effectively. It has been estimated that inefficient contracting causes firms to lose between 5% to 40% of the value on a given deal.