What is BlackBoiler's Automated Contract Markup?
BlackBoiler is a tool to markup contracts right in "Track Changes," according to a company's playbook.
BlackBoiler learns from a customer’s playbook or how each customer has marked-up past contracts to create client-specific editing models to make company-specific revisions in "Track Changes" to previously unseen documents. By using a company’s playbook and its standards and terms, BlackBoiler standardizes the contract review and markup process, no matter who and where it is being negotiated - as a result, reducing risk. According to the vendor it grows smarter and increases efficiency with each additional use, cutting contract review time by more than 70%. By helping companies rigorously standardize their contract review using AI, BlackBoiler is designed to mitigate risk, reduce frustration, and drive efficiency.