Jan 23 2023 | Luminance, the global leader in legal process automation, today announced that four major manufacturing companies have recently adopted its award-winning AI to streamline and automate the work of their in-house legal departments.

Against a backdrop of supply chain disruption, evolving ESG regulations, consumer protection legislation and collaboration challenges due to cross-border teams, global manufacturing companies are facing a particularly challenging environment. In response, businesses are turning to Luminance’s AI to automate legal workflows, ensure compliance and gain a competitive edge.

Luminance uses the latest advances in machine learning to automate and enhance the entire contract lifecycle. With over 500 customers globally including multinational organisations such as Koch Industries and Liberty Mutual, Luminance’s technology is the first AI in the world that can be used out-of-the-box to take a first pass review of incoming contracts, with in-built knowledge banks suggesting compliant wording for areas that present risk.

Furthermore, Luminance’s powerful legal process automation tools including an easy-to-use Workflow Editor and centralised Legal Helpdesk ensures the seamless, compliant flow of contracts around an organisation of any size working in any language. This advanced functionality has proved critical for manufacturing companies working across borders.

Eleanor Lightbody, CEO of Luminance, commented: “We are excited to see how legal teams across the global manufacturing industry are using Luminance’s AI to facilitate cross-team collaboration, get rapid answers to urgent business questions and maintain compliance. Luminance is a game-changing technology for any in-house legal team looking to turn crucial contract data into digital assets and future-proof their business.”

About Luminance
Luminance is the Contract Intelligence platform that turns the language that defines a business into the intelligence it runs on. Born out of the University of Cambridge and purpose-built by AI, legal and technology experts, Luminance understands the history and context of every contract. It acts on that intelligence, proactively surfacing risk, flagging obligations, accelerating negotiations and driving action across Legal, Finance, Procurement, Sales and the wider business. It enables enterprises to learn from their contracts, while contracts learn from the enterprise, helping businesses make better decisions and move forward with confidence.