QuisLex Partners with eBrevia by DFIN to Offer a Combined Solution for Seamless CLM Migration
August 22 2022 - 9:11AM
QuisLex, a leading alternative legal services provider long
recognized as a pioneer in the industry, and eBrevia by DFIN, a
Donnelley Financial Solutions (NYSE: DFIN) company and
industry-leading provider of AI-powered contract analytics
software, announce a strategic partnership designed to provide
seamless contract life cycle management migration. The combined
solution helps to alleviate the difficulties of CLM migration while
ensuring an efficient and highly accurate process. QuisLex and
eBrevia are exhibiting at ILTACON 2022 (August 21-25, 2022), where
they will highlight the benefits of this partnership.
QuisLex contract services include review,
analysis, abstraction, negotiation and life cycle management across
multiple agreement types and industries. For corporations adopting
a new CLM, without an automated tool the process of migrating
documents from an existing system can be onerous and
time-consuming. The exercise often involves evaluating which
company contracts should be carried over onto the new platform and
addressing any holes in the contract data collected by the current
repository.
The QuisLex and eBrevia combined solution
addresses the many challenges inherent in the CLM migration
process. eBrevia by DFIN provides industry-leading AI-powered
contract analytics software that speeds up contract review by
30-90% with a 10-60% increase in accuracy. Part of DFIN’s suite of
solutions, eBrevia is ideal for large-scale contract review
projects with applications ranging from due diligence in M&A
transactions to audit/compliance work.
“The combination of eBrevia’s suite of APIs with
QuisLex’s process, workflow and skilled legal personnel allows for
a custom approach to handle the large amount of data processing and
management involved in migrating to a new CLM,” says QuisLex
director of sales operations and partnerships David Cochran.
“Combining both our companies’ strengths in a single offering
enables clients to complete a new CLM implementation more quickly
and comprehensively than with a traditional, manual migration
process, making eBrevia a valuable addition to our channel partner
program.”
“By leveraging QuisLex’s well-known expertise in
this area, this partnership enables us to offer enhanced value to
our clients,” says Ned Gannon, president, eBrevia by DFIN.
“Together with QuisLex, we are helping to streamline the CLM
migration process, making it more seamless, efficient and
cost-effective.”
When procuring a new CLM solution, many
companies need assistance with migrating all the contracts from
their current database to the new platform. It is not uncommon for
the existing repository to be missing a significant amount of key
contract data, so the gaps need to be filled to ensure a
comprehensive migration of the required information. Ultimately, a
streamlined approach to the process is needed to enhance the
breadth and depth of contract data to be stored in the new CLM
platform.
ILTACON 2022 will be held at the Gaylord
National Resort and Convention Center at National Harbor, Maryland,
August 21-25. Conference attendees can visit eBrevia by DFIN in the
exhibit hall at booth #217 and QuisLex at booth #732.
About QuisLexQuisLex is an
award-winning legal services provider that specializes in managed
document review, contract management, compliance services, legal
spend management and legal operations consulting. Our full-time
highly trained attorneys, process experts, legal technologists,
statisticians and linguists work closely with our clients to reduce
cost, mitigate risk and maximize efficiency. QuisLex is regularly
acknowledged as a leader in the legal services industry and proud
to be recognized by the Association of Corporate Counsel as an ACC
Value Champion, Chambers and Partners as a Band 1 Alternative Legal
Service Provider, the New York Law Journal as a Top Managed
Document Review Services Provider and the IACCM as its Outstanding
Service Provider for contract management solutions. QuisLex is
nationally certified by the New York & New Jersey Minority
Supplier Development Council as a minority business enterprise
(MBE). To learn more, visit www.quislex.com.
About Donnelley Financial Solutions
(DFIN) DFIN is a leading global risk and compliance
solutions company. DFIN provides domain expertise, enterprise
software and data analytics for every stage of its clients’
business and investment life cycles. Markets fluctuate, regulations
evolve, technology advances, and through it all, DFIN delivers
confidence with the right solutions in moments that matter. Learn
about DFIN’s end-to-end risk and compliance solutions online at
www.DFINsolutions.com or follow DFIN on Twitter @DFINSolutions or
on LinkedIn.
Media ContactsVicki LaBrosse
Edge Marketing for
QuisLexvlabrosse@edgemarketinginc.com 651.552.7753
Donnelley Financial Solu... (NYSE:DFIN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Donnelley Financial Solu... (NYSE:DFIN)
Historical Stock Chart
From Jul 2023 to Jul 2024