Enough with the Contract Risk: Start Automating Tasks for Contract Compliance
Have you heard of contract compliance? It’s how you combat risky construction contracts, prevent projects from going over schedule and over budget, and cut down on costly—and preventable!—mistakes on job sites. Let us explain...
We’ve seen enough.
Document Crunch co-founders Josh Levy and Adam Handfinger, both with careers as part of the legal teams of some of the country’s preeminent general contractors and construction law firms respectively, have deep industry knowledge. They’ve seen the pain of not following the contract. It leads to project profits eroding. It leads to money wasted on claims and consultants. It leads to careers derailed by bad projects. It leads to teams being distracted by contentious relationships. And it has even led to companies losing it all in litigation.
The answer is contract compliance, and it’s five simple steps.
Document Crunch developed the Crunch Blueprint for Contract Compliance, or a step-by-step process that lays out the best practices for achieving better project outcomes:
Conduct critical risk assessment of contract prior to bidding on the job
Negotiate risks and terms to your standards
Begin every project kickoff by educating teams on critical obligations
Provide daily decision support with just-in-time contract insights for project teams
Automated compliance for daily workflows and obligations
Our platform addresses each of these steps by providing end-to-end project compliance solutions from pre-signature to project completion and beyond. And now we’re doubling down on our initial product suite by introducing more automation for critical jobs to be done.
It’s time to take control.
Our mission is to simplify contract compliance, while saving you time, reducing overhead, and ensuring everyone understands what’s in their contracts. That’s why we’re thrilled to announce the launch of our latest features:
Checklists and Project Playbooks powered by CrunchAI™
These two new, next-generation features will help you automate contract compliance tasks so you can reduce risk, minimize manual effort with automation, and achieve better project outcomes.
Checklists: Automate, Accelerate, and Standardize Contract Risk Review
What are Checklists? Checklists are your secret weapon for reducing risk, the first step in our Contract Compliance Blueprint above. This allows you to review contracts quickly, consistently, and without missing important details. We automatically issue spot the most important topics in your contract, referencing page numbers and highlighting any provisions that are missing, ensuring nothing goes unnoticed.
Our new-and-improved Checklists now have the expanded capability to deliver high-quality summaries and explanations. For both customized and out of the box Checklists, this means improved document quality, shorter review cycles, and being strategic about compliance before you sign the contract.
Playbooks: Start Every Project with Document Crunch
Successful projects start and end with Document Crunch. By using our new, auto-generated Playbooks to transfer knowledge from the contract to project teams, you’re arming and empowering your team at project kick-off with everything they need to know, maximizing compliance. Our Playbooks ensure everyone is on the same page, reducing risks and streamlining your workflow for better project outcomes now and in the future.
The Playbook is a reliable, easy-to-follow resource that distills essential contract instructions, promoting contract adherence throughout the project lifecycle. By simplifying contract terms, the Playbook also helps make sure you receive the entitlements you deserve, making it straightforward for your team to follow guidelines and achieve project success.
How does it work? After uploading your document, detailed instructions auto-populate in the Playbook on how to follow each contract provision. You can customize these instructions with your own standards and make any edits during your review, giving your team a comprehensive guide to maintain compliance throughout the project—all generated in seconds.
"We have taken a major leap forward in the efficacy of our already industry-leading solutions. Certain best practices, such as thoroughly reviewing a construction contract before bidding, or educating a project team around important contract administrative issues at project kickoff, are at best a big source of pain when it comes to time and money. But the reality is, much of our industry is incurring massive liability or fee erosion because teams don’t have the time or resources to instill these fundamentals when it comes to contract compliance," said Josh Levy, Co-Founder and CEO of Document Crunch. "Document Crunch exists to drive better outcomes throughout the entire project lifecycle. And while we started with empowering better understanding of contract commitments for the whole industry, our newest launches are completely streamlining the adoption of best practices by automating certain work.”