Document Crunch Adds Conversational AI to Its Contract Risk Review Solution for Accelerated Contract Insights
New Proprietary Chat with Your Contract Tool Helps Enable Contractual Compliance for Every Construction Project
Atlanta, GA, 23rd January 2024: Document Crunch, the leading contract intelligence platform for the construction industry, today announced the launch of its groundbreaking Chat feature, empowering all stakeholders in the project lifecycle to instantly gain insights and collaborate directly with their contracts through an intuitive AI-powered chat interface. This game-changing innovation breaks down information silos and streamlines project execution across various roles, including general contractors, engineers, architects, and legal teams.
Contracts are the foundation of construction projects, yet their often dense language and intricate clauses can become roadblocks to progress. Manually sifting through pages for answers consumes valuable time and hampers decision-making. Document Crunch Chat cuts through the complexity, allowing users to ask their contracts for anything and receive immediate, accurate responses through a proprietary chat interface.
Document Crunch Chat empowers teams to instantly understand critical timelines, deliverables, responsibilities, and compliance requirements at any project stage. It eliminates the need for manual document searching or reliance on others for simple questions, freeing up valuable time for core tasks. Most importantly it mitigates risk by empowering project teams to make sense of the commitments, ensuring compliance with contractual obligations.
"Chat unlocks a new level of contract insights, faster than ever before, helping us deliver on our mission: to empower everyone in the construction industry to understand what's in their contracts,” says Josh Levy, co-founder and CEO of Document Crunch. “This is a breakthrough to make project teams’ lives even easier and builds on the foundation our core products have already laid.”
The benefits of Chat extend far beyond initial contract review and project execution. Stakeholders can return to the contract during warranty periods, final payments, closeout, and more, ensuring everyone has the information they need at every step of the project lifecycle.
“What I love about the Chat feature is that it's for everyone,” says Maria DiTommaso, Corporate Risk and Contract Manager at Bond Brothers, Inc. “It's not just for the lawyer or the risk manager. It's for the project executive, the project engineer, and even the project accountant. It is meant for anyone looking for an answer who doesn't know how to navigate a contract. It brings you exactly to the place where you need to be.”
Document Crunch Chat is available immediately to all users, unlocking a new era of accessible contract intelligence and empowering collaboration across the construction industry. Document Crunch Chat marks a significant leap forward in contract management, transforming complex contracts into readily accessible sources of knowledge and empowerment for all project stakeholders.
About Document Crunch:
Document Crunch is a contract intelligence platform–leveraging proprietary AI and machine learning–that simplifies construction contracts, quickly identifying critical risk provisions and providing guidance so teams can make great decisions throughout the entire project lifecycle. The company is on a mission to empower everyone in the construction industry to understand what’s in their contracts. To learn more, visit www.documentcrunch.com
For more information and to schedule an interview, please reach out to:
Girish Jaggi
Account Manager
The MicDrop Agency