FineTooth Corp. Is Launched to Bring New Efficiencies to Contract Management
FineTooth Corp., a new company that develops and delivers contract management solutions, was unveiled today.
AUSTIN, TX (PRWEB) September 20, 2005 -- FineTooth Corp., a new company that develops and delivers contract management solutions, was unveiled today. FineTooth is a privately held company and began operation in November of 2004.
According to Jamie Lagarde, President and COO of the company, "FineTooth brings new levels of efficiency to the process of creating and operating Web-based contract management solutions. FineTooth's core technology delivers the most efficient contract content loading process available. This new approach will shorten implementation cycles, lower the total cost of ownership (TCO) and deliver an OnDemand Web-based contract center to create company-wide awareness and coordination of contract management activities."
A key advantage of FineTooth is its ability to convert existing contracts as well as documents created with any contract authoring process. That means the solution does not force users to change their contract creation tools or processes while still providing routing and approval management resulting in reduced creation time.
Higinio Maycotte, CTO, adds, "FineTooth delivers tangible value to a wide set of contract information consumers. The linguistic-based search capabilities aid legal, operations and other contract information consumers by providing the ability to rapidly search the repository data and the original documents as well. This delivers an additional level of risk management by providing a way to search for information in the contracts that initially may not have been brought into the repository."
FineTooth incorporates innovative technology for extracting key data from contracts. This technology, called DeepReader, dramatically improves the speed and accuracy of the conversion process. DeepReader employs linguistic and cognitive learning methodologies to provide rapid, consistent and accurate abstraction and translation of contract terms. DeepReader works with any document type and authoring process.
Security takes a center seat in FineTooth. The solution incorporates encryption technology to provide information security beyond that available with SSL and access control technology. FineTooth encrypts data in every movement from contract activation to the presentation in its Web-based console.
FineTooth is immediately available for license -- contact sales@finetooth.com for details.
About FineTooth Corp.
FineTooth converts contracts into a performance-based management tool -- instead of a passive collection of documents sitting in a file cabinet. FineTooths OnDemand, role-based contract management solution provides all stakeholders with the tailored information needed to put agreements back under proactive control. FineTooths unique technology automates the task of identifying, organizing and managing your contract information resulting in higher realized value, minimized regulatory risk and a lower cost-of-ownership.
For additional information on FineTooth, Corp. please visit http://www.finetooth.com
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