Tuesday, November 5, 2024

Oneflow announces a major expansion of its strategy with a new AI-driven platform

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Oneflow launches Oneflow AI , an AI platform that helps companies write, review and analyze contracts 10x faster and at scale.

“With the introduction of Oneflow AI, the future of contracts is not only digital, but also augmented by AI,” said Anders Hamnes , CEO and founder of Oneflow. Oneflow AI is a platform with pre-trained AI packages to help companies write, review and analyze contracts 10x faster and at scale.

Oneflow, a SaaS company traded on the Nasdaq First North Premier Growth Market in Stockholm , develops and sells contract automation software to help companies transform legacy contracts.

“Since the first code we wrote in Oneflow, our goal was and is to free companies from friction in managing their most important business documents, namely contracts,” said Anders. “The market is dominated by established e-signing providers. This makes signing contracts easy, but signing is only one of many steps in the entire contract management process.”

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Oneflow offers an interactive platform with various features to improve every step of the contract process. Oneflow calls this the pre-sign, sign and post-sign phases. Creating contracts in data-rich formats provides a strong foundation for fully automated workflows.

Oneflow AI provides insights and saves time when drawing up contracts.

Oneflow AI not only helps companies eliminate unnecessary and costly routine contract work, but it also minimizes the risk of errors. The platform allows users to access actionable intelligence at a speed that humans simply cannot match. Contracts are the core of any business and the slower the contracts, the slower the business.

Oneflow sets the course for the future of contracts.

“Our path to achieving our mission is now accelerated by AI. Oneflow AI will be a game-changer for customers who want to set high standards in their workflows. Getting contracts across the finish line correctly and efficiently is fundamental to business operations. ”

According to Oneflow’s survey “The State of AI in Contract Management”, 35% of professionals surveyed report using AI in contract management today and 23% plan to deploy AI. Now is the time to use AI for contract management.

Source: PRNewsWire

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