Product Overview of eBrevia
eBrevia is an advanced, AI-powered contract review and analytics software designed to enhance the speed, accuracy, and efficiency of contract analysis and management. Developed by DFIN, eBrevia leverages cutting-edge natural language processing (NLP) and machine learning technologies to automate and streamline the contract review process.
Key Functions
- Contract Review and Analysis: eBrevia serves as a highly accurate first set of eyes on documents, enabling users to extract key provisions and data points from contracts and other documents quickly and accurately. This capability is particularly valuable in use cases such as transactional due diligence, contract management, lease abstraction, compliance and regulatory work, and data privacy review.
- Data Extraction: The software is equipped with AI-powered data extraction capabilities, allowing it to automatically identify and extract hundreds of pre-trained data points from various document types. Non-technical users can also customize the tool to extract specific data points relevant to their unique business needs through a bespoke training portal.
Key Features
- Clause Identification and Risk Management: eBrevia can identify critical clauses and assess risks within contracts, helping teams mitigate liability and ensure compliance.
- Bulk Processing and Customizable Templates: The software supports bulk processing of documents, allowing for the efficient handling of large volumes of contracts. It also offers customizable templates to align with specific business requirements.
- Integration with Other Systems: eBrevia integrates seamlessly with popular tools such as Box, SharePoint, iManage, Salesforce, and more, facilitating a unified and efficient workflow.
- Advanced Search, Reporting, and Analytics: The tool features advanced search capabilities, comprehensive reporting, and analytics to provide actionable insights. Users can generate data reports on legal and business concepts and review project KPIs and progress through a robust dashboard.
- Collaboration Tools and Version Control: eBrevia includes collaboration tools that enable teams to assign documents for review and action, and it supports version control to manage multiple versions of documents effectively.
- Compliance Tracking and Automated Summarization: The software helps in tracking compliance and generates automated summaries of key points discussed in meetings or found within documents.
- Multi-Language Support and Data Security: eBrevia offers multi-language support and ensures high data security with powerful encryption and a SOC 2 Type 2 certification, providing bank-grade security.
Additional Capabilities
- Document Management: eBrevia is document-agnostic and can handle a broad variety of document types, making it versatile for different use cases.
- API Access: The software provides API access, allowing for further customization and integration with other systems.
- User-Friendly Interface: eBrevia features a user-friendly interface that makes it accessible to non-technical users, enabling them to customize and use the tool effectively.
In summary, eBrevia is a powerful and versatile AI-powered contract analytics software that accelerates the contract review process, enhances accuracy, and improves operational efficiencies. Its advanced features, customization options, and seamless integrations make it an invaluable tool for legal teams, businesses, and organizations seeking to streamline their contract management and analysis processes.