When venturing into the bustling digital frontier of the high-tech markets, the complex projects in the engineering- and construction industry and/or or the specific issues and matters related to a particular niche market, legal-, risk- & contract management often serve as your compasses that guides various stakeholders like contractors, companies, governments, intermediaries and agencies through their daily interactions addressing duties, deliverables, risks, obligations and regulatory matters.
In doing so, we have listed some of the top “solutions and tools” that we often ifnot on a daily basis use when delivering our engagements and projects. This listing has no ranking and is solely for information purposes.
Icertis™ is a company that specialises in contract lifecycle management (CLM) through innovative technology, particularly its AI-powered Icertis Contract Intelligence (ICI) platform. This ICI platform transforms contracts from mere static documents into strategic tools by organizing and linking the important contract data that determines a company's operations. The ICI platform supports millions type of contracts across various nations and languages, thus catering to a diverse array of organizations and providing them with enhanced operational efficiency.
Gatekeeper™ is another vendor & contract lifecycle management (VCLM) platform. It helps businesses gain visibility over their vendor & contract portfolios, surfacing opportunities for cost consolidation and giving foresight of all renewals. It then puts them in control of their associated processes using its embedded workflow engine to automate activities like new vendor onboarding, contract negotiations and infosec questionnaires, ensuring mandated processes are followed and manual work is minimised. Further, it helps companies safeguard compliance and manage third- party risk by creating audit-ready activity trails for every aspect of their vendor and contract operations as well as integrating third-party financial and cyber data feeds.
Luminance™ is built on a proprietary legal Large Language Model (LLM), Luminance’s specialised legal co-pilot uses artificial intelligence to automate the generation, negotiation and analysis of contracts. Developed by experts in machine learning from the University of Cambridge and validated by global law firms, Luminance™ is in use by over 500 customers in 60 countries. From taking a first pass review of any contract under negotiation, to an AI chatbot for redrafting clauses on- the-fly and an intelligent contract repository for granular insight into any contractual landscape, Luminance TM brings AI to every touchpoint a lawyer has with their documents.
RazorSign™ is a tool developed by PracticeLeague that provides an integrated platform for enterprise legal management, promoting digital transformation. The focus of the company is to integrate enterprise legal management into the core of governance risk and compliance aligned with the expanding role of legal. They offer a platform that consolidates all aspects of business legal operations onto a virtual grid, powered by artificial intelligence, blockchain, and secure cloud, facilitating seamless data exchange and process execution. The platform also serves as a tool for operational analytics, encouraging an innovation continuum. Moreover, it leverages predictive insights for a consolidated view, improved decision-making while ensuring adherence to regulatory and statutory standards.
LawVu™ is the legal workspace tool that helps in-house legal teams do their best work, faster and generally more efficiently by using AI-, data verification- amongst other features. It is an unified suite of productivity and collaboration tools with matter management at the core, and the ability to integrate contract and spend management – all supported by secure, easy-to-use AI capabilities, an interface that’s intuitive for both legal and the wider business, and seamless integrations with the tools you already use.
Through managing all your intake, matters, contracts, spend, knowledge, documents, and reporting in one configurable platform, you'll get better data, complete visibility, higher ROI, and free up valuable time for your team and business.
Circularo™ provides document signing solutions and a comprehensive digital transformation platform that enables secure, tamper-proof document handling in a feature-rich and auditable environment. The platform supports businesses and governments in their transition to fully digital operations with confidence. With enterprise-level features such as integrated document management, MS Office 365 compatibility, and advanced signing workflows, Circularo™ simplifies complex processes while maintaining compliance with international and regional regulations. It is certified by eIDAS and TDRA and integrates with services like UAE Pass, ensuring legal recognition and protection against fraud for all digital transactions. Circularo TM facilitates a paperless future by offering organizations a secure and compliant path to digital transformation.
The Keylight Platform™ from the company Navex is focussed on strengthening risk management procedures in companies spanning various industries. Their tool or platform aids businesses in comprehending and supervising their risk, compliance, and ESG programs more efficiently. The firm integrates risk across multiple organizational sectors to enhance awareness, boost operational effectiveness, and support informed decision making. Typical functions include to predict, calculate and manage risks combined with allowing them to govern their Risk Management and Compliance (GRC) programs smoothly and effectively.
ConvergePoint™ is a compliance solution provider that operates on Microsoft 365 SharePoint Online. It offers a comprehensive suite of software products that manage the entire lifecycle of various business processes. These include Policies and Procedures, Contracts, Conflict of Interest Disclosures, Safety and Incident Tracking, and Investigative Case Management. The company's services augment an existing Microsoft Office 365 SharePoint TM tenant with compliance processes, workflow builders, version control, audit trails, keyword searches, custom data fields, dashboards, reporting and more.
PocketLaw™ is an AI-powered contract management software to streamline contract lifecycles. Create, review, approve, sign and store contracts with ease. This tool provides also a contract automation tool that streamlines workflows, manages the contract lifecycle, simplifies contract creation and contract handling & management.
DiliTrust™ is a global entity specializing in corporate legal and governance solutions. The company's principal solution, the DiliTrust Governance Suite, targets the simplification of critical legal department operations. It increases productivity by streamlining procedures and making information easily accessible to digital stakeholders. Offering five distinct modules: Board Portal, Entities, Contracts Lifecycle Management, Litigation, and Documentation Library, the suite aims to facilitate the day-to-day activities of legal practitioners. The Governance Suite is available via a secure, subscription-based portal, making use of artificial intelligence technologies and advanced security standards.
Measuring and managing your business processes and contract lifecycles is absolutely key. In doing so, reflecting the contract performance (KPI’s), contract & policy compliance and other parameters via integrated dash-boards helps a lot. Addmaple™ is a survey analysis and visualisation platform with dashboard integrated and coupled with workflow-functions.
This niche tool named Riskprofiler's TPRM™ (third party risk monitoring) has been excellent in detecting threats and gaps in vendor and extended vendor network areas. The solution offers automatic mitigation workflow with progress tracking for easy follow ups. The dashboard feature is user friendly and helps to monitor risk and compliance status . It also allows a rating feature on your vendors and business partners (incl. third-party-sales-channels) and history monitoring and flagging functions.
Lens.org is a platform providing open and accessible data on countless Intelligence regarding global patents and scholarly articles, enabling individuals to traverse the intricate landscape of innovation. The objective is to substantially augment public welfare by fostering an inclusive and unrestricted innovation system. It assimilates vast and varied information sources, thereby significantly extending the reach and discoverability of human intellect. It is thought of as 'Innovation Cartography', forming mappings that permit users to unearth otherwise inaccessible knowledge and make more knowledgeable decisions. Lens.org is aptly termed as 'Solving the Problem of Problem Solving'.
Note (important disclaimer): The above listing is displayed solely for information purposes only and each tool and/or solution mentioned or referred to, is not subject to any qualification, ranking or representation of any kind. Van Doren & Partners Comm.V. cannot be set liable for any interpretation, qualification or the content listed above. For questions and/or more information, contact us via the details provided in the ‘Contacts’ page.