The Ink Dries, the Journey Begins: Why Contract Execution Matters. In the world of business, a signed contract is often seen as the closing act, a moment to celebrate a deal well-made. But here’s the secret: the real journey starts after the ink dries. Contract execution is a pivotal moment, solidifying the terms of an […]
Executed Contract: What They Are and Why They Matter Read More »
In today’s data-driven world, Contract Lifecycle Management (CLM) systems often incorporate some form of Artificial Intelligence (AI) to streamline workflows. However, these built-in AI solutions might not always be enough to unlock the true potential of your legacy contracts. That’s where Brightleaf steps in. Limitations of Traditional CLM AI: Brightleaf: A More Powerful AI Approach
Why Brightleaf Goes Beyond Traditional CLM AI: Unlocking Deeper Contract Insights Read More »
Research institutions, pharmaceutical companies, and healthcare providers are at the forefront of advancing medical knowledge and improving patient care. Their collaborative efforts often involve the creation and management of research contracts, which are essential for conducting clinical trials, research studies, and various collaborative projects. These contracts play a pivotal role in outlining the scope of
Streamlining Healthcare Research Contracts: Data Extraction Solutions Read More »
Brightleaf Solutions is excited to be joining hundreds of legal operations professionals at this premier event, happening May 6-9 in Las Vegas. Here are just some compelling reasons why you should be there too: Networking and Collaboration: Learning and Development: Staying Ahead of the Curve: Beyond the Sessions: Interested in diving deeper into the world
Brightleaf Solutions is Charged Up for CLOC CGI 2024! Read More »
In the fast-paced world of manufacturing, efficient procurement, and contract management are vital for smooth operations and maintaining strong vendor and service provider partnerships. However, manually extracting contract data from variety of sources, including vendor contracts, labor contracts, and manufacturing service level agreements, can be a tedious and error-prone process. To overcome these challenges and
Streamlining Contract Data Extraction in Manufacturing: Unleashing AI’s Potential Read More »
The healthcare industry generates and stores vast amounts of data every day including patient records, medical history, diagnoses, treatment plans, and outcomes, and the extraction of such data from medical records is a crucial task that allows healthcare providers to access and analyze relevant information about patients. This information can be used to improve patient
AI-Powered Contract Data Extraction: The Game Changer in Healthcare Industry Read More »
There is so much talk about ChatGPT. A really revolutionary pre-trained AI model! So you wonder, can I use it for doing all my work for legacy contract data extraction including a matchup of masters with their amendments, removal of duplicate documents, removal of unsigned and unwanted documents, etc.? One way to look at it
CEO Blog 10: Legacy contract migration/data extraction Read More »
Obligations and rights in a contract! Typically, in a contract, there is no specific section with says “Obligations”. Obligations and rights are strewn throughout the contract. Obligations typically say things like “Party will do…”, and “Party shall do…”. Rights are typically outlined as “Party has the right to audit….”, “Customer may extend the agreement…”, “Customer
Not sure where to start? We’ve curated the best legacy contract migration/data extraction practices to get you started It’s important to cover the best practices, partially covered in the previous blogs. 1. Decide which contracts you want to migrate 2. Decide what data points you want to report on across a set of these legacy contracts 3. Set
CEO Blog 8: What are the best practices for legacy contract migration/data extraction? Read More »
Aaah – a loaded question. There is much talk about software telling you if there is risk in your contracts. Well, what is a risk to you? That would be different than a risk to another company or someone else. To you, if the limitation of liability is capped to 2x the spend by the
CEO Blog 7: I want to know if my contracts are risky. How do I do that? Read More »
