Execo's Embedded GenAI for Contract Management

Intelligent Digitization: Transforming Contracts into Insights

Execo’s GenAI-powered managed service converts unstructured documents into structured, compliance-ready data. This process reduces risk, ensures regulatory compliance, and facilitates data-driven decision-making across an organization’s portfolio.

• Intelligent Extraction: The specialized GenAI system classifies and indexes clauses, obligations, and linkages without requiring manual input, minimizing the risk of overlooked details.
• Human-Verified Accuracy: A global network of trained legal professionals validates outputs, ensuring accuracy that meets audit requirements and regulatory changes.
• Actionable Dashboards: Hosted analytics provide visibility into obligations, deadlines, and cost-saving insights, integrating seamlessly with contract lifecycle management (CLM) or other business systems.

Legal Content Management: Enhancing Compliance and Consistency

Organizations can centralize and standardize legal language with curated clause libraries, negotiation playbooks, and risk analyses. This ensures contract terms, templates, and regulatory references remain current and aligned with company policies.

• Centralized Clause Management: Curated libraries and playbooks reflect up-to-date legal and operational requirements, ensuring document accuracy.
• Proactive Compliance: Rigorous risk assessments help identify potential issues, such as data privacy concerns or unfavorable payment terms, before they escalate.
• Real-Time Reporting: Deviation tracking and risk profile assessments provide real-time insights, enabling informed decision-making at every stage of the contract lifecycle.

CLM Operations: Optimizing CLM Management

Execo’s Business Desk provides configuration, updates, and ongoing support, allowing internal teams to focus on strategic priorities.

• Comprehensive Support: A dedicated team manages workflows, user roles, and system updates to maintain seamless operations.
• Training and Enhancements: Structured onboarding, best-practice guidance, GenAI optimization, and integration support ensure continuous CLM evolution.
• Performance Insights: Weekly ticket summaries, quarterly SLA reviews, and ongoing performance assessments provide data-driven optimization opportunities.

Contracts as a Service: Streamlining Contract Processes

Execo simplifies contract management from drafting to approvals, reducing administrative burdens.

• Efficient Drafting: GenAI models, fine-tuned by legal experts, generate compliant contracts without requiring a CLM system.
• Simplified Negotiations: Redline reviews, risk assessments, and precedent research are managed externally, reducing internal workload.
• Approval Management: The service coordinates approvals, maintains audit trails, and updates contract repositories in real time, ensuring visibility and compliance.

Contract Performance: Ensuring Compliance and Maximizing Value

Execo’s managed service extracts key terms, monitors obligation fulfillment, and verifies third-party submissions to ensure financial and operational benefits are realized.

• Obligation Management: Key obligation data is extracted and digitized to prevent oversight.
• Verification of Commercial Terms: Third-party submissions are validated, and contract conditions are digitized to ensure organizations capture all contractual benefits.
• Risk Mitigation: AI-driven screenings, KYC assessments, and dynamic risk registers help maintain compliance, prevent fraud, and proactively manage risks.