In a major update for Juro, we're pleased to release contract reader. Our customer-focused product team built the feature using AI technologies to make legacy contracts work for everyone.
What does contract reader do? 🤔
In short, contract reader does some of the heavy lifting in bridging the gap between static PDF documents and online contracts created in Juro. The technology:
Analyses uploaded PDF contracts;
Recognises and extracts relevant data into fields - including things like names, dates, jurisdictions, and so on;
Allows for easier duplication of contracts in the future;
Stores the uploaded contracts within the same space as the documents created natively on the platform
Old PDF contracts become digital documents in Juro in a matter of moments, managed entirely through the platform. Juro already allows for internal and external negotiation, conditional logic, renewal reminders and approvals, leading to a fully-automated workflow, regardless of whether your contract started life in Juro or as a PDF.
Who can use contract reader? 📑
This release is of huge benefit to current and future users, introducing Juro’s design-led interface and frictionless workflow to legacy contracts, alongside those documents natively created in Juro’s machine-readable editor.
As our in-house legal clients become more data-driven, we're delighted to support them with AI data extraction capabilities. This is an important milestone in the development of the contract collaboration platform we have been building for the last 3+ years.
The latest update to Juro reflects how our customers currently manage their contracts, with less time spent on manual processes and reduced friction in the creation, negotiation and management of legal documents. We consulted heavily with our users during development, and we're thrilled to be able to deliver features that will help to make contracts work for everyone.
Interested in trying contract reader for yourself? Why not book a demo ✨!