iManage RAVN Extract Named New IT Product of the Year at the British Legal Technology Awards 2018

We were delighted to see that iManage was a winner at the British Legal Technology Awards 2018 in the New IT Product of the Year category. The awards dinner took place in London, recognizing excellence in legal technology, IT security and innovation, as well as the individuals, teams and suppliers transforming the future of legal services.

“The British Legal Technology Awards recognizes the UK’s best and brightest in the legal industry, so to be named alongside our customers and peers is a great honor,” said Nick Thomson, General Manager of iManage RAVN AI. “We have spent a long time developing practical AI solutions to make difference. Tonight’s achievement demonstrated our ability to deliver against this goal and we look forward to working in partnership with firms to leverage AI and innovation.”

iManage RAVN Extract, powered by RAVN AI technology, automatically reads, extracts and interprets critical business information from large volumes of documents and unstructured data, all from a single user interface. Organizations can reduce manual labor costs by 50% or more and transform unmanageable projects into streamlined and profitable processes.

iManage RAVN Extract is an area of specialism for Phoenix. iManage Extract delivers the solution that is most commonly discussed when talking with firms about AI. Extract crawls a given set of contracts, as a learning set, and then performs an analysis of the risk, based on what it’s learnt. This will highlight contracts with unusual, missing or outlier clauses and score the document appropriately.

Both iManage Classify and iManage Extract are valuable tools that enable firms to mitigate risk and increase productivity at the same time.

Get in touch to find out more about how Phoenix can assist in delivering these practical applications that provide, tangible, real-world value.

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If you want to address your information management and enterprise content requirements, we would be delighted to discuss what we can do to help. Why not call us today?

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