HENNGE Adds AI Contract Review Platform “LegalForce” to the Linkage Solutions of HENNGE One 2023.03.15
HENNGE K.K (headquarter: Shibuya, Tokyo, Representative Director, Chief Executive Officer: Kazuhiro Ogura, “HENNGE”) is pleased to announce that its cloud security service which supports the safety and convenience of working environments, “HENNGE One”, is now supports “LegalForce”, an AI contract review platform provided by LegalOn Technologies, Inc.
In recent years, cloud services have been widely adopted by enterprises, leading to more flexible work styles and improved productivity. On the other hand, many companies are facing issues with ID/password management and unauthorized access risks, which are becoming increasingly complex as the number of SaaS services they use increases.
By adding LegalForce to the linkage solutions of HENNGE One, companies utilizing "HENNGE One" benefit from single sign-on to "LegalForce" without the hassle of managing multiple IDs and passwords. Along with that, users are able to utilize “LegalForce” safely while preventing the risk of unauthorized access with HENNGE One’s access control features based on multi-factor authentication such as IP Control and device certificate.
HENNGE will continue to increase the number of SaaS that are linked with HENNGE One to support the convenient and secured adoption of SaaS for companies.
■ About LegalForce
Using technologies such as natural language processing, “LegalForce” automatically matches contracts with checklists for each type of contracts, instantly presenting omissions and excesses in clauses to prevent oversights. With the core function of contract management, “LegalForce” is equipped with functions that simultaneously improve the quality and efficiency of contract work, such as research, configuration, knowledge sharing, case management, comparison table between old and new contracts, and a function to count the number of contracts handled. The official version of the software was launched in April 2019, and as of September 2022, more than 2,500 companies and law firms are using the software under paid contracts.
■ About HENNGE One
HENNGE One is a cloud security service that supports the “safety” and “convenience” of the working environment. The “IdP Edition”, one of the two main functions of HENNGE One, integrates ID/passwords for multiple cloud services, such as Microsoft 365, Google Workspace, Box, etc., and provides protection against unauthorized access through access control. Additionally, the “E-Mail Security Edition” includes a wide range of e-mail security functions, including non-PPAP, targeted attack protection, and e-mail error/audit support. With a variety of functions, we support the use of cloud services for enterprises and continue our corporate philosophy of "Liberation of Technology".
■ About LegalOn Technologies, Inc.
LegalOn Technologies, Inc. was founded in 2017 by two lawyers from a major law firm. By combining the legal expertise of lawyers with technologies such as natural language processing technology and machine learning, the company develops and provides software that improves the quality and efficiency of corporate legal services. The company also contributes to the academic realm, including joint research efforts with Kyoto University. The company has been offering its “LegalForce” contract review platform since April 2019, and its AI contract management system, “LegalForce Cabinet”, since January 2021.
Company name: LegalOn Technologies, Inc.
Address: 6th floor, Toyosu Front, 3-2-20, Toyosu, Koto-ku, Tokyo
Representative: Nozomu Tsunoda (President Representative Director)
Business content: Developing and providing software related to legal operations
Capital stock: 17.85 billion yen (including capital reserve) (as of June 2022)
■ About HENNGE K.K.
HENNGE K.K. was established in November 1996. It is a SaaS company, guided by the philosophy of "liberation of technology to change the world" and it develops and sells unique services that bridge the gap between technology and reality. HENNGE provides "HENNGE One", a one-stop cloud security service enabling consolidated IDs and passwords management of multiple cloud services, "Customers Mail Cloud" which is a cloud email distribution service, and "SumaMachi", which is an interactive communication service between local government bodies and their residents. Since October 2019, HENNGE had been listed on the Tokyo Stock Exchange (TSE), Mothers, and then, a transition was made to the TSE Growth in April, 2022.
The company name "HENNGE" originated from the Japanese character for transformation, 'HENNKA' and 'CHALLENGE', which represents its commitment to keep challenging against every change we encounter.
Company name: HENNGE K.K. (securities code: 4475)
Address: Daiwa Shibuya Square, 16-28 Nanpeidaicho, Shibuya City, Tokyo
Representative: Kazuhiro Ogura (Representative Director, Chief Executive Officer)
■ Contact information for inquiries regarding this press
Corporate Communication Division
Person in charge: Yano
*The names of companies, products and services mentioned in this press are trademarks or registered trademarks of HENNGE.K.K. or other related organizations.