Document Crunch, a construction artificial intelligence (AI) contract intelligence platform, and PCL Construction recently announced a partnership enabling PCL to train and empower its project teams to de-risk its projects around contract compliance by leveraging Document Crunch’s AI and machine learning technology. This will bring over a century’s worth of PCL experience to the fingertips of its people.
Since launching in 2019, Document Crunch has quickly become an industry leader in construction contract risk review and mitigation through its proprietary AI solutions that simplify contracts, standardize contract review by identifying critical risks, and transfer contract knowledge from the back office to the field, allowing for better contract compliance by project teams.
“Our bigger vision has always been around project teams being better enabled at contract compliance,” said Josh Levy, co-founder and CEO of Document Crunch. PCL was an early adopter and an excellent partner who helped us get over the threshold from early solution to enterprise ready. This partnership is a strong signal that our vision is real, and that our product is ready to be operationalized every day across projects within construction operations.”
PCL recognized the need to ensure consistency in managing contracts throughout the project life cycle, as well as the need to create a standardized workflow for the complete transfer of ownership and direction from one responsible party to another at every stage of a project.
“After exploring at least five various solutions, Document Crunch gave us the ability to leverage our current internal processes and improve and automate them,” said Mark Bryant, chief information officer at PCL. “Consistent behaviour and approach produce consistent results. This means our customers can be assured we manage project expectations with the same lens regardless of the team.”
The partnership with PCL validates Document Crunch’s impact and mission to empower everyone in construction – from the back office to project teams – to understand what’s in their contracts. It also sets new standards for risk review, contract compliance and project management workflows, ultimately leading to a less risky and more profitable industry.
“The only thing for certain is that change will occur,” said Bryant. “We prefer to be shaping it to the best of our abilities, not trying to catch up.”