Product Release Update - September 2024

   Estimated Read Time: 4 minutes

▶️     Watch Time: 4 minutes (58 Minutes, including Webinar)

 

This month we held a webinar walking through the release items from August and September with live demos, explanations of how you can benefit and how to get started!

To see a thorough explanation of these features & how they can benefit you, you can watch this below:

Alternatively, keep scrolling to find shorter demo storylane guides & explainers that we've prepared  for this month's new features.

 

 

AI Extract v2 - Now Powered by Open AI

  Restore Visibility   

In this Product Release, we're excited to announce the upgrade of our AI Extract feature:

When you upload Contract Documents, Gatekeeper will now use OpenAI's GPT-4o model to analyse the document, enabling better extraction of metadata for your Contract Records.

 

This change-over to OpenAI's cutting-edge language model will mean massive improvements to extraction speeds & accuracy for your data.

Like many of our new features, we're excited to get this into your hands but rest assured; we have some follow-up enhancements already in development. So be on the lookout for some of the below enhancements, which will allow you to get more value from Gatekeeper's OpenAI Partnership!

Included in this release with the switch to OpenAI GPT-4o:

  Faster, more accurate data extraction

  Easier mass-extraction (you can upload up to 10 files at once)

  A  new Kanban Board to easily track Processing/Ready to Create/Created Contracts

 

Coming in future releases:

  Workflow Intake Form AI: Allow your users to leverage AI Extract while still forming part of a structured & controlled Contract Request & Approve process

  Extract Custom Data: Save your own Prompts & Instructions for OpenAI to locate & extract any metadata from your Contract Documents

  Retroactive Data Extraction: Backfill custom data in your repository for existing contract records, allowing you to report on any key metric as it comes along

 

 

The Gatekeeper Academy

If you want to enhance your understanding of Gatekeeper, we now offer a comprehensive learning academy for all Administrator users.

This academy is designed to guide you through the fundamental concepts of Gatekeeper in a structured and easy-to-track format.

 

This first version of the Gatekeeper Academy is only available to Administrator Users, with courses available on the core Gatekeeper topics required to Restore Visibility by setting up your Repository & Users.

In the future, you'll be able to use the academy as a resource for onboarding new colleagues, providing insights on how to configure & enhance your tenant (including building workflows), and offering guidance on newly released features as they become available.

 

 

Residual Vs Inherent Risk

  Restore Visibility                                                                                    Safeguard Compliance

To enhance your tracking of Risks and the outcomes of your reviews and planning efforts, you can now expand the fields in your Risk Register to include both Inherent Impact and Probability, as well as Residual Impact and Probability.

 

For additional Guidance on the Risk Register, including how you might leverage a proto-form of the Residual vs Inherant Risk, check out our webinar: ▶️ Safeguarding Compliace in TPRM

 

Also, be prepared for more dashboard & BI where you can track (& demonstrate to your key stakeholders) the effects of your Due Diligence & Risk Mitigation planning .

 

 

Google Drive & Google Docs Integration

   Take Control

For those of you using Google as your Cloud workspace & Drive Storage, you can now embed these further into Gatekeeper with our Native Document Management integration.

With this integration activated, you can easily open and edit any Word documents you added to Gatekeeper directly in Google Docs.

This process will also create an automatic backup of the Gatekeeper file in your Google Drive, ensuring your documents are both accessible and secure across both systems.

For information on getting this enabled in your tenant, including how to embed this in Workflows as your Contract Negotiation method, see the below article:

📖 Google Drive Document Editing

 

 

New 'Contract AutoArchive' Notification Settings

   Take Control

When setting whether a Contract record should be AutoArchived*, you can now specify whether the Contract Owner will receive a notification that this clean-up task is about to run.

 

💡 Pro Tip: You can leave AutoArchive enabled even if you have an automated Contract Renewal Workflow in place!

The reason we have added this new option to disable AutoArchive notifications is to prevent your Contract Owners getting too many emails around their contract end dates!

 

 

DocuSign Integration Updates

To keep in line with DocuSign security & Display Updates, the DocuSign Integration will now display slightly differently when executed from within your Gatekeeper tenant.

Do I need to do anything about this? 🤷‍♂️

No, if you have previously set up your DocuSign integration, it will keep running as expected.

Just be aware that DocuSign no longer runs from a 'pop-up' within Gatekeeper. Instead, you will be taken to a new DocuSign tab in your browser to complete the signature request process.