Uber reimagined the way the world moves. Ivo reimagined the way businesses deal with contracts. Today we’re announcing that Uber Technologies, Inc., the world’s leading mobility and delivery platform, has selected Ivo’s AI-powered contract intelligence platform to transform its legal operations.
Ivo was selected as Uber’s vendor of choice after a thorough selection process. “The evaluation involved various cross functional teams including Legal, Sales and IT. Uber selected Ivo because it was intuitive to use, demonstrated a high-level of accuracy, could work in multiple languages, and met its confidentiality requirements. Furthermore, the Ivo team was highly responsive to Uber’s needs,” Kate Gardner, Senior Manager, Contract Operations at Uber, said.
Uber needs a better way to search for specific and custom information inside their contracts without manual review. Many parts of the organization need business and legal insights from their library of agreements; Ivo will turn the process of extracting that data from a tedious slog to an operation that potentially could take minutes. In addition, Uber’s team wants the data to be presented clearly and integrated into their current technology stack, and Ivo’s ability to generate reports within its platform or within their existing workflows was particularly attractive.
“High-growth companies like Uber know that their contracts are a treasure trove of insights. However, extracting that information has always proven to be a difficult task,” said Min-Kyu Jung, CEO and co-founder of Ivo. "Our platform empowers legal teams to easily surface those insights and provide key information to the rest of the business, becoming a strategic cross-functional partner and amplifying their impact on the entire company.”
Ivo’s contract intelligence platform uses our proprietary AI engine, AiRE, to analyze contracts, identify key terms and risks, and reveal business intelligence that would traditionally require hours of manual review. The solution integrates with existing legal workflows, enabling global teams like at Uber to maintain their preferred processes while achieving efficiency gains.
This partnership underscores the growing adoption of AI-powered contract intelligence solutions among leading technology companies. These companies seek to understand the wealth of valuable information buried inside their business agreements as well as position their in-house legal teams as strategic business partners that can help their organizations grow.
Hundreds of in-house legal teams are using Ivo to transform their legal operations and transform their contract work into strategic insight. Schedule a demo today and see how Ivo’s contract intelligence platform could work for your business.
Uber reimagined the way the world moves. Ivo reimagined the way businesses deal with contracts. Today we’re announcing that Uber Technologies, Inc., the world’s leading mobility and delivery platform, has selected Ivo’s AI-powered contract intelligence platform to transform its legal operations.
Ivo was selected as Uber’s vendor of choice after a thorough selection process. “The evaluation involved various cross functional teams including Legal, Sales and IT. Uber selected Ivo because it was intuitive to use, demonstrated a high-level of accuracy, could work in multiple languages, and met its confidentiality requirements. Furthermore, the Ivo team was highly responsive to Uber’s needs,” Kate Gardner, Senior Manager, Contract Operations at Uber, said.
Uber needs a better way to search for specific and custom information inside their contracts without manual review. Many parts of the organization need business and legal insights from their library of agreements; Ivo will turn the process of extracting that data from a tedious slog to an operation that potentially could take minutes. In addition, Uber’s team wants the data to be presented clearly and integrated into their current technology stack, and Ivo’s ability to generate reports within its platform or within their existing workflows was particularly attractive.
“High-growth companies like Uber know that their contracts are a treasure trove of insights. However, extracting that information has always proven to be a difficult task,” said Min-Kyu Jung, CEO and co-founder of Ivo. "Our platform empowers legal teams to easily surface those insights and provide key information to the rest of the business, becoming a strategic cross-functional partner and amplifying their impact on the entire company.”
Ivo’s contract intelligence platform uses our proprietary AI engine, AiRE, to analyze contracts, identify key terms and risks, and reveal business intelligence that would traditionally require hours of manual review. The solution integrates with existing legal workflows, enabling global teams like at Uber to maintain their preferred processes while achieving efficiency gains.
This partnership underscores the growing adoption of AI-powered contract intelligence solutions among leading technology companies. These companies seek to understand the wealth of valuable information buried inside their business agreements as well as position their in-house legal teams as strategic business partners that can help their organizations grow.
Hundreds of in-house legal teams are using Ivo to transform their legal operations and transform their contract work into strategic insight. Schedule a demo today and see how Ivo’s contract intelligence platform could work for your business.
