EFFECTIVE CONTRACT DISCOVERY, SEARCH, AND ANALYSIS
Wednesday, April 22nd
8:00AM PT | 11:00 AM ET | 4:00 PM BST
Duration: 60 minutes
In the inaugural Gartner Magic Quadrant for Contract Lifecyle Management (CLM)*, Gartner analysts predict that artificial intelligence (AI) will enable 30% faster contract negotiation and document completion processes by 2023. This improvement in CLM productivity is the most significant shift in best practices in 10 years.
Seal is the leader in AI powered contract analysis capabilities for enterprises – driving the advancements in the CLM market. Companies utilize Seal’s AI capabilities to streamline the migration of contracts from legacy repositories to new systems, accelerate contract reviews for risk, compliance, and M&A projects, and to analyze their contracts for revenue recovery and leverage opportunities. We refer to these use cases as Seal’s Portfolio Analysis solution.
In 2019 Seal announced the expansion of the Seal solution offerings with the introduction of Seal Now for pre-execution contract analysis.
In parallel to portfolio management and negotiation analysis, Seal is also laying the foundation for AI-powered analysis of contract families.
Together these Seal AI capabilities touch on every phase of the contract lifecycle.
AI is driving new frontiers of digital transformation and CLM best practices. There is no reason to settle for poor search results and manual reviews when Seal AI can automate the mundane and provide detailed answers in a fraction of the time and cost of traditional CLM processes.
Join David Gingell, Seal’s Chief Marketing Officer, and Jethro Elvin, Senior Solution Consultant, as they present an overview of Seal’s solutions and demonstrate how you could use Seal for example to quickly locate force majeure clauses in your contracts that can help you make critical and time-sensitive decisions during the current Coronavirus (Covid-19) crisis or data privacy related clauses in the event of a data breach.
David joined Seal in February 2017 after 25 years of experience in hi-tech sales and marketing. His most recent position was as CMO of TeamViewer GmbH, the remote access and control software specialist. Prior to that role he was the VP Marketing for EMEA for major tech brands EMC, Adobe and NetApp over a ten-year period. Gingell was also an early employee of Documentum which was later acquired by EMC. He was a key player in the formation of the Enterprise Content Management market, and helped Documentum reach the number 1 vendor position prior to its acquisition. Early in his career, he held technical and sales roles at Ingres and Oracle. He holds an honors degree from the University of Wales and an MBA from Henley Business School, UK.
Jethro is Director of Solution Consulting EMEA at Seal Software where he assists customers in understanding how the Seal platform can add both tactical and strategic value to their organisations. Jethro has been at Seal for 5 years; prior to that he held positions in procurement technology companies Hubwoo and SAP-Ariba. Jethro brings a unique perspective to customers having also held roles leading advanced procurement & contracting technology selection, implementation, support and governance over the past 20 years at Sanofi Aventis, Argos Retail Group and most recently during the divestment transition of Direct Line Group Insurance from Royal Bank of Scotland (RBS).
* Gartner Magic Quadrant for Contract Lifecycle Management, February 2020 – ID G00465728