Businesses today are struggling with their contract management, and this is costing them money. The Harvard Business Review found that poor contract management costs businesses up to 40% of the value on their deals.
When that is repeatedly happening, it adds up.
Why is this happening?
The average small-to-medium firm or business does not employ a lot of people. Unfortunately, without the use of proper technology, it takes a lot of people to create and maintain good contract management systems.
This leads to poor business practices, such as using spreadsheets to track contracts and storing contracts across multiple cloud platforms.
This leaves too much room for human error to occur. And those errors are costing businesses money.
What’s the solution?
The solution posited by the Harvard Business Review study says that implementing an AI contract automation platform could help alleviate a lot of the human errors we see occurring.
Zendoc is precisely that, and here’s how we can help.
Zendoc is one tool that can integrate all of your contracts into one place. This makes it easier for team members to be able to find the exact document they need instantly. That is so much wasted time saved!
Let the Contracts Be the Database
Imagine just being able to type in the data you are searching for and having it delivered to your desk in seconds. With Zendoc, the contracts are the database, and the AI searches through each contract quickly to find the precise data you need. All your team has to do is set the tags for the data, and they will easily be able to extract the information they need in the future.
AI that Adapts to Your Business’s Needs
Our AI is constantly adapting with how your business uses it, so it can be customized to meet your needs precisely. This also means that as your needs evolve, so too will Zendoc’s AI. It’s designed to be a perfect match based on your needs.
We Are Problem/Solution-Oriented
Our team is so problem/solution-oriented that they have designed the platform in a way that solves almost any potential barriers to AI adoption within your business.
Here are just a few examples as to how:
Problem: “I don’t know how to use AI technology.”
Solution: Zendoc is user-friendly. The AI does most of the work for you to find the document and extract the data you need. This allows your team to work smarter, not harder.
Problem: “My business is busy, and we don’t have time to implement such a strategy.”
Solution: Zendoc can be set up in minutes, not days. It’s designed to work with your workflow with little-to-no disruption. This means you can implement the tools you need at no time lost.
Problem: “AI technology is too expensive for my business.”
Solution: Zendoc has three different tiers to meet the needs of your business. This makes technology that was once thought to be out of reach now within your grasp. We also offer a free 14-day trial that you don’t even need a credit card to sign up for.
With Zendoc, poor contract management is now a thing of the past. We are ready to be the solution to your problem today!