Document Crunch expands AI platform to project risk

Key Takeaways

• Document Crunch has launched a next-generation AI platform for project risk intelligence
• The platform uses three connected layers: CrunchAI, Project Assist, and the Platform to identify, act on, and ensure visibility of risk
• The platform has been deployed across over 10,000 customer projects and has served over $350 billion in annual construction volume
• Customers have reported significant time savings and improved quality of work

Introduction to Document Crunch's AI Platform

Document Crunch has expanded its AI platform to provide project-level risk intelligence, transforming the way teams manage risk in construction projects. The platform helps teams detect risk earlier and automate workflows, protecting project margins and reducing costly disputes.

How the Platform Works

The platform operates with three connected layers:

• CrunchAI: surfaces risk by processing construction documents using a proprietary method, delivering dependable and verifiable information
• Project Assist: acts on risk by analyzing documents holistically and providing an intuitive chat interface for teams to ask complex questions and complete tasks
• The Platform: aligns teams around risk by ensuring adherence to company standards and transferring institutional knowledge

Comparison of Document Crunch's Platform with Traditional Methods

Proven Results

The platform has been deployed across over 10,000 customer projects and has served more than $350 billion in annual construction volume. Customers with early access to the new platform have reported significant time savings, with one customer, Ben Hur Construction Co., estimating an 80% reduction in contract and scope review time.

Industry Context

The construction industry is growing, but so is the frequency of disputes and the average cost of disputes, which can exceed $60 million per dispute in North America. Document Crunch's platform is launching at a critical time, providing a much-needed solution for teams to manage risk and protect project margins.

Bottom Line

Document Crunch's next-generation AI platform is a game-changer for the construction industry, providing a comprehensive solution for project risk intelligence. With its three connected layers and proven results, the platform is well-positioned to help teams manage risk, reduce costly disputes, and improve project outcomes. As the construction industry continues to grow, Document Crunch's platform is an essential tool for teams looking to stay ahead of the curve and protect their project margins.