Drawloop—Automation of Routine Sales Contracts

It seems as if every couple of months I find out about another company that’s somehow involved in the contract-automation business.

Yesterday I learned about Drawloop. It offers general document-automation services, including automation of routine sales contracts, presumably using mail-merge type functionality. That seems like a sensible niche, one that offers high volume without the complications that arise once you introduce any logic-driven variability.

Here’s why I took note of Drawloop: The increasing number of players occupying niche ecosystems in the contract-automation world—some providing just technology, others technology and content—makes it easier to believe, and to convince others, that the time is ripe for a broad-based technology-and-content automation solution for business contracts.

About the author

Ken Adams is the leading authority on how to say clearly whatever you want to say in a contract. He’s author of A Manual of Style for Contract Drafting, and he offers online and in-person training around the world. He’s also chief content officer of LegalSifter, Inc., a company that combines artificial intelligence and expertise to assist with review of contracts.