What is ThoughtRiver?
ThoughtRiver is an AI-powered platform that helps corporate legal teams review and negotiate contracts more efficiently. By automating the contract review process, the platform enables users to identify and address contractual issues more quickly, ultimately accelerating the overall deal velocity. The application leverages advanced natural language processing and machine learning algorithms to screen contracts, surface key terms and risks, and facilitate the resolution of contractual matters. This innovative approach to contract management represents a significant technological advancement in the field of legal process automation, addressing a long-standing inefficiency in the sales process where deals often get "stuck in legal."
Highlights
- Automated contract pre-screening and prioritization to streamline day-to-day legal operations
- AI-powered contract review and issue identification to expedite the negotiation process
- Detailed tracking and management of contractual issues to facilitate resolution
Platforms
- Cloud, SaaS, Web-based
- Desktop Chromebook
- Desktop Windows
- Desktop Mac
- Mobile iPad
- Desktop Linux
- On-Premise Windows
- Mobile iPhone
- On-Premise Linux
- Mobile Android
Languages
- English