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Seal Skills Builder: Improving Contracting Party Extractions

Seal Skills Builder: Improving Contracting Party Extractions

According to a Marketscreener article, artificial intelligence (AI) is widely misused as a label for companies and products that don’t actually deploy any AI or machine learning technologies. Here at Seal Software, we routinely apply AI approaches to extract legal terms from large volumes of unstructured contract documents. With machine learning and NLP at our…

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Seal — A Key Tool for Strategic M&A

Seal — A Key Tool for Strategic M&A

The relentless pace of business in the 21st century and the need for established businesses to find new revenue streams has led to a degree of merger and acquisition mania. Since 2000 there have been over 750,000 transactions globally at a combined value of over $75 trillion. The acquisition part of M&A is well understood – a…

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Seal Version 7 – The Contract Analytics Benchmark

Seal Version 7 – The Contract Analytics Benchmark

Recently our CTO and award-winning AI thought leader Kevin Gidney has been fond of saying that Seal 7, announced today, is the most important release in the history of Seal. He probably says that about every major new version, but it really does feel like this one is going to set a very high benchmark for the…

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Airbus Expands Partnership to Advance Companywide Digital Transformation in Procurement

Airbus Expands Partnership to Advance Companywide Digital Transformation in Procurement

In his Wall Street Journal Best Seller “The Digital Helix: Transforming Your Organization DNA to Thrive in the Digital Age” author and top 10 global AI influencer, Michael Gale provides plenty of evidence that companies who embrace digital transformation gain a significant advantage over their peers and competitors. One highly complex industry which is certainly focused…

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Seal and United Lex Partner to Disrupt and Transform the Contract Negotiation Process

Seal and United Lex Partner to Disrupt and Transform the Contract Negotiation Process

This week has been a big one in the world of legal operations. The Corporate Legal Operations Council (CLOC) US Institute gathering is drawing to a close today in Las Vegas. With over 3,000 attendees this year, it has exceeded all expectations from its earliest incarnation in 2016 at the Westin, Union Square in downtown San Francisco…

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Shipping Seal Software in Docker Containers

Shipping Seal Software in Docker Containers

Wikipedia tells us that “containerization is a system of intermodal freight transport using intermodal containers.” To take this a step further, containerization is also a new way of packaging and deploying software applications. “Containers offer a logical packaging mechanism in which applications can be abstracted from the environment in which they actually run.”[1] Admittedly, this…

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DocuSign CFO Michael Sheridan Joins Seal Software Board of Directors

DocuSign CFO Michael Sheridan Joins Seal Software Board of Directors

Two years ago I wrote a post introducing a new board member, Clark Golestani and framed it in the context of the guiding principles that we are mindful of when making such appointments. Today I am delighted that the Seal Board of Directors has invited Michael Sheridan, the current CFO of DocuSign, to join the…

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A Look Back at SAP Ariba Live: Better Together

A Look Back at SAP Ariba Live: Better Together

They say everything’s bigger in Texas and this year’s SAP Ariba Live was no exception. Earlier this month I had the pleasure of attending SAP Ariba Live with several colleagues in Austin, TX. As our relationship with SAP Ariba continues to evolve, the annual conference is one of our most anticipated procurement events of the year. I…

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Seal Software Partners with TPR Legal to Deliver German-Language Contract Analytics

Seal Software Partners with TPR Legal to Deliver German-Language Contract Analytics

Earlier today we were pleased to announce a strategic relationship with our new partners in Germany, the professionals at TPR Legal. Felix Rackwitz, Achim Tschauderand their colleagues have built a phenomenal business consulting with corporate legal departments and delivering on the promise of the right combination of people, process and technology.  After an in-depth evaluation of the market, TPR…

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Selection of Seal Customers