Inhouse-focused legal AI pioneer, eBrevia, has launched ‘Command’, a contract management platform that ‘helps users understand what’s in their agreements, identify what needs attention and act on it’.
The company is pitching Command as delivering many of the benefits you can receive from a CLM system, but without ‘lengthy implementations, heavy customization, and process redesign’.
eBrevia noted that its ability to dig into contracts and surface important information provides ‘legal, sales, procurement, finance and compliance teams direct access to the commitments, obligations and opportunities in their agreements’. It also works alongside eBrevia’s DraftPro, which supports AI-assisted contract drafting, review and negotiation in Microsoft Word, they added.
And here’s an overview of what eBrevia can now do:
- ‘See – Contracts are centralized in one intelligent home, searchable and organized across the portfolio.
- Understand – AI extracts and structures clauses, commercial terms, obligations, risks, renewal dates, pricing and rights, helping teams analyze individual agreements and compare terms and patterns across the entire portfolio.
- Act – Command tracks key dates and obligations, alerts the right people and supports reporting and decisions. Teams can also manage contract requests, ownership and status from drafting through signature.’
Adam Nguyen, CEO and cofounder of eBrevia, commented: ‘Companies shouldn’t need a massive software transformation just to manage their contract work and understand what is in their agreements.
‘We designed Command with eBrevia’s DNA: speed, accuracy, and cost-efficiency. Command surfaces contract information at scale so organizations can make informed decisions quickly and operate their business efficiently.’
Jake Mundt, CTO and cofounder of eBrevia, concluded: ‘We focused on removing friction, not functionality. Command gives organizations the capabilities they actually need to manage contract work and put contract intelligence to use.’
Is this a big deal?
As said before in AL, CLM is not dead, but it does now face greater competition than ever before. More and more contract-focused AI companies are building out platform-scale offerings to handle many of the skills that CLM once had a monopoly on.
That said, CLM companies are not standing still and are innovating as well, and building out new AI tools to compete. Altogether – along with the rise of LLM giants going direct to inhouse legal teams – GCs have an increasing range of choices to explore when it comes to AI contracting and contract intelligence solutions. Aspects such as the ease of implementation of a solution will no doubt play a key part in any decisions they may make.
For more about eBrevia, see here.
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