Contract Automation Clearinghouse

Our blog for the industry, product updates, and practical document automation tips.

What’s new in Contract Express version 7.3?

          We are delighted to announce that Contract Express version 7.3 is now available. The latest version is designed to streamline your document management processes, boost your data security and speed up the document creation process. How to access & key dates • Multi-tenant customers have been automatically upgraded to the latest version on 14 January 2018. • Single tenant customers can contact customer support today to arrange an upgrade. • On-premise customers will be able to download the installation files from 26 January 2018 from the Contract Express 7.3 section in the Documentation and Resources section in the Contract Express Knowledge Base. The latest features New features and enhancements Export to NetDocuments Create and seamlessly export your document to NetDocuments*, all from within Contract Express. To streamline your document management processes, seamlessly browse and select a folder in NetDocuments in which to save your document, and easily track the document in the audit history in Contract Express. *NetDocuments subscription required for access.  Search for content in documents Pinpoint the document you need in seconds using the new search feature within datasheets. To help you narrow down your search results, there are a number of search connectors available, allowing you to run wildcard and word proximity searches, or target specific terms and phrases. Schedule the deletion of inactive contracts For enhanced data management and security, administrators can arrange for inactive contracts to be automatically deleted at regular intervals from within Contract Express, ensuring that only up-to-date and active contracts are available to users. Choose an approver while answering a questionnaire Rely on the new approver variable in your questionnaire to ensure your document is directed to the...

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Canadian law firm offers client facing document automation

Steven Pulver, Director of Disruption at Caravel Law in Toronto, Canada shares his firms thoughts on Contract Express document automation: “Every (business) decision we (the firm) make comes down to – can we afford it…can we make money off it. Any business should be thinking the same way..the truth is, without a tool like this how could we compete with larger firms that have the facility and infrastructure to do this. This is an amazing tool (Contract Express) to generate revenue as well…we set out to see how we could change the legal landscape in essentially giving out legal documents using the Contract Express platform into something called ‘Compass’. So essentially what we built on top of Contact Express is early stage financial documents that allow companies and investors to generate legal documents. They (customers) can go on (to our site and) completely for free using the Contract Express generate documents they need for early stage finance transactions. In the future we want to harness the same Contract Express technology and build out different components: pre-financing, shareholder agreements, anything that fits in this bucket” Find out more about Caravel Law’s project with our videos featuring Steven himself: Increase firm productivity and generate revenue (1:24) Lower fees through increased efficiencies (0:38) Contract Automation to differentiate and compete (1:20) Use technology to deliver amazing legal services to your customers (0:55) To find out more about how Compass works visit their dedicated page. To find more about the product, see our Contract Express Fact...

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What is Contract Express document automation in 147 seconds!

Even with the 20 million billion bits of information that move around our brain every second (see below for a breakdown of that number), we can still feel overwhelmed by the amount of videos, whitepapers and articles that are published every day. That’s why our new videos about Contract Express cover everything you need to know in 147 seconds or less! The idea of document automation isn’t new to the Contract Express team in Thomson Reuters. As a collective, we have many decades of experience helping the world’s leading law firms and corporations increase productivity and profitability with automation. But the concept may be new to you and that’s why the talented folks in our creative department put together these new videos that explain how Contract Express document automation can significantly improve the way you and your team draft, review, approve and manage documents while offering a better service to clients. Watch our new video about Contract Express for law firms: Watch our new video about Contract Express for corporations: Aside: How many bits of information does our brain process every second? 100 billion neurons – approximate number of neurons in the human brain x 200 – The number of times each neuron fires per second x 1,000 – The number of connections each neuron has with its neighbors = That’s 20 million billion bits of information every...

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Contract Express 7.0 Released

We are very pleased to announce the release of Contract Express 7.0.

This major release introduces several features that enhance the document creation and negotiation experiences. Customers with a Practical Law UK subscription now also get access to almost 300 pre-automated, maintained templates and standard clauses.

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