ThoughtRiver has announced the appointment of Richard Cobb as vice-president of sales as it also announces an integration with Microsoft Tableau, in a move that it hopes will take it from being a point solution to a contract review platform.
ThoughtRiver has announced the appointment of Richard Cobb as vice-president of sales – he joins from Intralinks, where he spent 11 years, latterly as sales director EMEA. With this hire, ThoughtRiver says it has grown its headcount across the business by 100% over the past year.
Cobb brings legal and SaaS go-to-market experience to ThoughtRiver, as the company targets expansion in the UK and wider EMEA corporate market.
Cobb said: “The deployment of AI tech in the legal sector is going to accelerate and be key to unlocking new efficiencies in global business. ThoughtRiver is at the cutting edge of developments in this space and I look forward to building upon existing success by forging great customer relationships and helping the company scale by adding significant brands to their portfolio.”
The appointment comes as ThoughtRiver announces an integration with Microsoft Tableau in a move that it hopes will take it from being a point solution to a contract review platform. The new integration offers users dashboards of data analytics and helps to visualise the risks and positions taken in the client’s contracts and legal documents. By combining their pre-screening software with this new data analytics capability, ThoughtRiver is extending their usage from mainly pre-signature contracts into the exploration of legacy contracts for business insights.
The new integration follows the company’s recent unveiling of Lexible contract knowledge tree that underpins much of the ThoughtRiver intelligence, and has the standardisation and digitisation of all contracts as its goal. ThoughtRiver says it is winning several marquee clients, and has several company announcements to make in the coming weeks.
Tim Pullan, CEO of ThoughtRiver, said: “It’s a real time of momentum for us, since our launch of Lexible earlier this year, as well as partnerships and customer announcements with companies such as Eversheds Sutherland and G4S. We’ve seen so much demand for simplification in the contracts space – and I am sure, drawing on Richard’s experience we are about to see an even more significant take-up of our solution among global organisations. I’m proud of what the team has achieved to date, and happy to welcome someone of Richard’s profile to support us going forward.”