LONDON, U.K. — April 23, 2021 — ContractPodAi®, the award-winning provider of AI-powered contract lifecycle management (CLM) solutions, announced today it has won a bronze Edison Award. Named after Thomas Alva Edison, the Edison Awards have recognized and honored some of the most innovative new products, services, and business leaders in the world since 1987.
ContractPodAi was recognized for its Auto-Contract Desk functionality, recently introduced as an enhanced contract authoring and generation tool. Auto-Contract Desk helps business users quickly and efficiently create standard contracts without needing to use an in-house attorney’s time for every agreement. The tool lets administrators create contract templates within the well-known Microsoft Word application, making template creation quick and easy. Users simply complete a questionnaire linked to the templates, submit, and a contract is generated automatically. It simplifies contracting and frees up legal resources from working on very standard, mundane, and repetitive tasks. Instead, it frees these key resources to focus on strategic, business-oriented projects that can make a greater impact on the organization.
Additional key benefits of Auto-Contract Desk are the ability to incorporate a microservice architecture built with out-of-the-box integration into any platform, including SalesForce, e-signature capabilities, the efficient management of complex logic and formats within contracts, and its ability to comprehensively streamline approval and workflow management processes.
“We are honoured to receive this prestigious Edison Award,” said Sarvarth Misra, CEO of ContractPodAi. “This award is a reflection of our commitment to our customers and to the legal tech industry; we strive every day to provide market-leading AI technology to help in-house corporate legal teams.”
ContractPodAi was chosen as the 2021 Bronze award winner by a panel of judges comprised of more than 3,000 senior business executives and academics.
“We were very impressed by the level of collaboration and discovery in this year’s entries,” said Edison Universe Executive Director Frank Bonafilia. “Somehow, while facing the unprecedented challenges of this global pandemic, companies around the world figured out how to work safely and smartly and still innovate at an award-winning level.”
About ContractPodAi®/About ContractPodAi Cloud®
ContractPodAi Cloud is the one legal platform that streamlines and simplifies all your in-house legal processes, from the simplest to the most complex. Well-established as the leader in end-to-end contract lifecycle management, ContractPodAi harnesses the unrivaled Ai power of IBM Watson and Microsoft Azure for leading corporations around the world. Now, the platform’s robust, intuitive, and easy-to-use capabilities have been extended to handle the entire, end-to-end legal lifecycle – any use-case, any document type, any scenario.
ContractPodAi Cloud amplifies your business’s readiness through our partnerships with complementary technology providers including IBM, Microsoft, DocuSign, and Salesforce. ContractPodAi® is headquartered in London and has global offices in San Francisco, New York, Glasgow, Chicago, Sydney, Mumbai, and Toronto. More information is available at ContractPodAi.com.
Edison Awards
Over the last 34 years, being recognized with an Edison Award has become one of the highest accolades a product can receive in the name of innovation success. The awards are named after Thomas Alva Edison (1847-1931) whose inventions, new product development methods, and innovative achievements changed the world. The Edison Awards are operated by Edison Universe, a 501(c)(3) non-profit organization with the mission of recognizing, honoring and fostering innovations and innovators, and are hosted in Fort Myers, Florida.
Learn more on how ContractPodAi empowers legal teams around the world at ContractPodAi.com.
Media Contacts:
Sara Zammit
Communications Specialist
sara.zammit@contractpodai.com
+1 (647) 405-3197
