2018 Scottish Enterprise Awards

SME NEWS / 2018 Scottish Enterprise Awards 35 , ContractPod Technologies Ltd is one of the fastest growing legal technology start-up businesses in the world. The company has achieved over 500% growth in the past twelve months. Taking time to provide us with an overview of the award-winning firm is Director, Robert Glennie who reveals more about ContractPod Technologies Ltd’s innovative ways. Best Legal Services Technology Provider – UK BEST LEGAL SERVICES TECHNOLOGY ContractPod Technologies Limited SCO18043 Here at ContractPod Technologies, our proprietary software product, an end- to-end contract management tool known as ContractPodAi®, brings substantial efficiencies to the legal function of large-scale businesses across all sectors. Our customers comprise global brands from all industries and in every continent. As much as our global footprint has continued to grow since we launched in Glasgow in 2013 – we also now have offices in London, New York and Mumbai - our roots remain firmly in Scotland, which makes this recognition from Scottish Enterprise particularly special. Our mission is to eradicate data entry from the contract management process – and we recognised the importance of artificial intelligence in achieving this several years ago. That was the point when we decided to invest in AI technology and built the ContractPodAi® platform, partly reinventing our original Managed Legal Services business model. The current growth curve of our business is proof that these decisions have paid off. We stand out in the market for three reasons: • Our solution is cloud-based and therefore easy to implement without any need for IT departments to get involved; • ContractPodAi® is intuitively laid out and easy to use - so generates extremely high user adoption rates; and • Unlike most of our competitors we publish our pricing structure, which is disruptively low. These founding principles have been the drivers for our success. In addition to this, we sell primarily to inhouse lawyers, so it’s imperative our culture matches the exacting and detail-led nature of that profession. Our people tend to live and breathe the benefits of our solution: they are polished, well-presented and enthusiastic. Also, we are building strong foundations for our future growth, so we take our recruitment and development processes very seriously - to create strong and sustainable teams. A thorough on-boarding programme is part of this, as is valuing the importance of being in the same room as the client. A willingness to travel is also a large part of our culture. Our technology roadmap includes chatbot-driven search functionality and enhancements to make our tech accessible to non-legal users. Recently, we launched a SalesForce app for business development teams, for example. Moving forward, we are fortunate that ContractPodAi ® is very flexible in terms of how it can be used and the fact that our customers operate in industries as diverse as on-line retailing, oil & gas, hospitality, insurance and pharmaceuticals. Legislation on topics such as data privacy is creating new and more specific use cases for our solution, but as a SaaS product our business model will remain largely unaffected by more significant changes to the global landscape. Company: ContractPod Technologies Limited Contact: Robert Glennie Address: Floor 9, Savoy Tower, 77 Renfrew Street, Glasgow, G2 3BZ, UK Phone: 0141 280 1600 Web Address: www contractpod.com