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Document Crunch

9,008 followers

2mo Edited

🙌 Thank you, Jeff Yoders, for having CEO Josh Levy and COO Trent Miskelly on the Engineering News-Record "Critical Path" podcast! ⏱ ICYMI, here are some highlights: ‣ 3:30 - #ProjectKickoff and #AI #Automation ‣ 5:45 - Best Practices for #ContractCompliance ‣ 7:30 - Connecting Back Offices & #ProjectTeams ‣ 9:45 - How Much Money is Wasted & Why? ‣ 14:00 - What is #DocumentCrunch? ‣ 19:45 - The State of Construction ‣ 27:00 - Why Choose Document Crunch? ‣ 29:30 - The Future of #Contech 📣 Listen to the entire episode here: Apple Podcasts - https://lnkd.in/gRdmk-sE Spotify - https://lnkd.in/gZ36yh2h Thanks, Jeff! 💙

Transcript

Most of the industry has gotten to know us the last several years as a really awesome document review, or we would call it "document intelligence" product which, at its simplest level, like the initial use case was you'd upload your construction contract and we could help really break it down for risk. And we'd be happy to talk about how that's disrupted plenty of people in the industry, but you talk about the top-to-bottom and the bigger vision around Document Crunch really is, our namesake "Document Crunch" and the reason why I'm calling this an East meets West moment is we've effectively, over the better part of this year, really made the leap into what the bigger vision was to disrupt job sites in the most positive way. The contract is super important, right? It's the law of your project, and you do need people to negotiate it and to make sure that it's in order. And that speaks to the initial use case that Document Crunch was there for. But in my experience, which you alluded to earlier, we know that there is a lot of best practices for project teams around understanding not just the contract, but the contract documents, which impact everyday workflows and are actually mission critical to good outcomes for projects. And so, where you see Document Crunch quickly evolving, and what's happening in real time is teams are using us every single day. And it really starts with Project Kickoff. The best practice that we know, and I bet my bottom dollar on it is I know it's best practice that no matter what the contract says, that project team kickoff needs to understand it. And so Document Crunch has automated work around that process. We also know that during the course of construction, issues come up every day around payments, change orders, notices, lien waivers, you name it, where the project team needs to have a working understanding of not just the contract, but other related documents. And we've now automated real time daily decision support so that those teams can make good decisions. And then, I alluded to it, but we're so excited you're really catching us right at the beginning of our era of starting to automate jobs to be done, like actual jobs to be done, going from not just assisting with some of these tasks, but actually automating them because we know that we can handle work using AI to get maybe better results or more compliant results than if you just left humans to do this work on their own. And so in the last few weeks, we just launched our first two truly automated jobs to be done around actually the risk assessment of a construction contract and then generating that Playbook for project teams at the beginning of the job. And you're going to hear us in the coming weeks, months, whatever it is, just rolling out dozens and dozens of new document types and automated jobs to be done around those document types, to answer your question in the most long-winded way, all of the objective to impact workflows daily at the project level, not to be used necessarily by just the back office, but I think we've already inverted our pyramid. About 85% of our users are actually now non-legal, non-risk management professionals. And I'd imagine that that will creep up over 90% or so as we continue to broaden what we're doing for the industry, which is really helping project teams every day.

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