Coheso Enhances Its AI-Powered Work Management Platform with Universal CLM Connector

Coheso, renowned for its AI-native legal front door and work management platform, has recently unveiled a significant enhancement that is set to empower in-house legal and compliance teams. The new feature provides seamless integration with Contract Lifecycle Management (CLM) systems, allowing users to map data efficiently while reducing redundancy in legal operations.

In the fast-paced environment of corporate legal departments, teams face mounting pressure to respond quickly and efficiently to inquiries, all while honing their strategic focus. Ned Gannon, CEO and Co-founder of Coheso, articulated the current challenges faced by in-house lawyers, stating that the expectation is for them to deliver results faster, collaborate more with business functions, and manage increasingly complex situations. Their latest enhancement with the universal CLM connector aims to bridge gaps between critical legal processes—intake, triage, and contract generation—ultimately empowering legal teams to streamline workflows without sacrificing control.

This enhancement enables information gathered through Coheso’s legal front door to flow effortlessly into CLM systems, facilitating immediate engagement in downstream processes. By automatically populating contract templates and improving workflow efficiency, this upgrade enhances visibility and accelerates business operations. Moreover, the platform incorporates feedback from users to continually adapt to organizational needs, ensuring seamless integration with various CLM and workflow tools.

The implications of this integration are substantial. When a legal request related to contracts is initiated, the data collected can automatically activate relevant contract workflows. This automation not only mitigates the manual entry of data, which can often lead to inconsistencies, but it guarantees that legal and business operations remain aligned and efficient. Fields are easily mapped between the Coheso platform and the customer's CLM system, streamlining the process further.

Effie Dower, Vice President at M42, noted the transformative effects of Coheso's platform in her own legal team's operations, highlighting how it alleviates routine pressures while effectively orchestrating more complex inquiries. Dower emphasized the importance of collaborating within a centralized environment that leverages integration with other tools to boost operational efficiency.

This announcement comes on the heels of a notable strategic investment from Tola Capital, underscoring the confidence in Coheso's innovative approach to rethinking legal workflows through the power of artificial intelligence. Tola Capital, which has a reputation for supporting high-growth enterprise software companies, joins Coheso's list of investors, which includes Crew Capital, Character, FirsthandVC, and Carnegie Mellon University. This backing is set to drive Coheso's trajectory of growth and innovation in the legal tech landscape.

To showcase these exciting updates, Coheso will be exhibiting at the upcoming CLOC Global Institute conference scheduled for May 5-8 in Las Vegas, where Gannon will also present insights on the future of legal technology. Additionally, he is slated to speak at the ITechLaw World Technology Law Conference from May 14-16 in San Diego. Demos of the platform can be requested through Coheso's official website, which highlights its commitment to catering to the evolving needs of in-house legal teams.

In summary, Coheso's latest enhancement underscores its dedication to transforming legal work through AI, aiming to reshape the workflows that legal teams rely on every day. With the newfound capacity to facilitate seamless integration between their platform and existing CLM systems, organizations can expect not only enhanced efficiency but also a heightened strategic impact on business operations.