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ClearyX regularly assists clients with buy-side due diligence; however, for this transaction, our client sought to gain a rapid overview of the target’s business in an easily digestible format. Through innovative deal management processes and the use of AI contract review, our team of diligence experts crafted a custom solution tailored to the client’s needs.
ClearyX faced the challenge of producing highly customized deliverables while working under tight deadlines. Many of the target documents included a combination of master services agreements and statements of work, often referencing additional terms and conditions found in external documents, which made the review process more complex. Relying on a traditional manual diligence process would result in significantly more challenges and higher costs.
Prior to beginning the review, ClearyX established a detailed project management workflow using machine learning and the team’s expertise. During the review phase, the team utilized platform features such as set tagging, document grouping, and customized fields to maintain a highly organized review process while ensuring flexibility to adapt to varying agreement structures. Following the review the team crafted the unique deliverables in the format the client requested. Overall, through a combination of creative workflows and technical mastery, ClearyX was able to increase efficiency and create the unique deliverables the client requested, in a very short turnaround time.
At ClearyX, we are striving to revolutionize legal services and provide efficient, tech-forward solutions for some of the most frustrating challenges experienced by legal teams and business leaders, such as contract management, document and process automation.
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