Blue Burro Partners with LegalSifter to Deliver an Artificial Intelligence Procurement Contract Review Solution to Clients
September 17, 2020
LegalSifter, Inc. and Blue Burro Technology, LLC are proud to announce a partnership to combine LegalSifter’s artificial intelligence and Blue Burro’s procurement and contract process expertise to streamline the contract review process for business professionals. The Blue Burro LegalSifter solution allows clients to review contracts 24x7x365 quickly, confidently, and at a predictable cost. This “combined intelligence” product is available as a software-as-a-service subscription for procurement departments, in-house counsel, and business professionals tasked with getting contracts right.
With Blue Burro LegalSifter, users simply upload a draft contract into the software. Sifters—software trained to read text and look for specific concepts—analyze the document in just a few seconds. In-context advice is offered to the user, including alerting the user to key missing terms and conditions as well as existing provisions which are key to the negotiation. The product is fully configurable to the specific client organization and their unique business guidelines. It also includes suggested language to support negotiations with the counterparty all aimed at increasing efficiency within the procurement organization, reducing the need for legal input, and shortening the time to contract.
Procurement cycle times can be reduced 20-70% while maintaining full compliance with procurement counsel guidelines. LegalSifter’s technology, combined with industry expertise from the professionals at Blue Burro, enable and empower busy legal and procurement professionals to confidently do more with less.
“Procurement teams need LegalSifter. They are consistently waiting on support from legal, and they want more control over their negotiation processes. With Blue Burro LegalSifter solution, they will have exactly what they want,” said Kevin Miller, CEO of LegalSifter.
“We are very excited to be able to offer a solution that is quick to implement, very cost effective, and improves contract quality, cycle times and productivity for procurement departments,” said Chris Martoglio, Co-Founder of Blue Burro.
Great purchasing depends on great processes, documents, properly skilled people, and the right use of technology. When these elements are present, savings, compliance, and the pace of business all increase. Blue Burro Legal Sifter is a key to making this happen.
For additional information about the product, or to learn more about how out the combination of AI + expertise can help your organization, please contact Chris Martoglio at +1-812-778-3325 or cmartoglio@bburro.com.
About Blue Burro Technology, LLC
Blue Burro is a services and technology company specializes in procurement and procurement contracting. Blue Burro brings extensive expertise to large and mid-size companies by creating exceptional procurement processes, injecting point-specific technology solutions, and helping build a procurement infrastructure that drives savings and compliance. For over 10 years, Blue Burro professionals have worked side-by-side with clients to strengthen procurement processes, people, documents, and technologies. From spend analyses, category strategies, and strategic sourcing, to advanced contracting tools, such as LegalSifter and DraftOnce, Blue Burro is focused on getting procurement right.
For further information, please visit www.bburro.com.
About LegalSifter
LegalSifter is dedicated to bringing affordable legal services to the world by empowering people with artificial intelligence. LegalSifter intends to achieve its mission by working with the legal profession, not against it. Headquartered in Pittsburgh, Pennsylvania (USA), LegalSifter offers its products directly to organizations as well as through and with law firms.
Contacts
Chris Martoglio
Co-Founder
cmartoglio@bburro.com
+1 904-501-8611
Niki Kazahaya
Client Support Specialist
niki@bburro.com
+27 (0)84 563 0952
Laura Taylor
VP of Partner Experience
laura@legalsifter.com
412-523-5977
Maggie Frey
VP of Growth & Partnerships
maggie@legalsifter.com
412-779-4271
