Bounsel

The inefficiencies and complexities that surround contract management can make it a challenging endeavour. Keeping track of numerous contracts, negotiating terms, and ensuring compliance with ever-changing regulations can overwhelm businesses, leading to potential risks and missed opportunities. Traditional manual approaches to contract management can be time-consuming, error-prone, and may hinder overall productivity. With this in mind, the EU-funded legal tech startup Bounsel has developed a software platform that offers a comprehensive and intelligent contract management service (SaaS). Supported by a robust Big Data infrastructure, this AI-driven solution is designed to streamline contract management workflows leveraging advanced Natural Language Processing (NLP) techniques to tackle unstructured content in Spanish, making contracts more human-like, allowing even non-experts to work with contracts effortlessly.