Reduce contracting time by as much as 80% WHILE reducing contracting risk.

ContractAI Benefits

Streamlines Negotiation Process

Eliminates painful redlining and the associated risks of passing versions between procurement, vendor and legal

Mitigates Contract Risk

Value based supplier options that have been vetted by procurement and legal eliminates chances of missing changes

Minimizes Contracting Friction

Offers pre-vetted options to vendors based on historical data that have been proven to be win-win for all parties

AI-Powered Contracting Insights

Understand negotiation boundaries, legal and compliance implications, obligation intents, permissible limits and thresholds

How it Works

Key ContractAI Features

Ability to ingest a wide array of templates and documents PDFs, OCRs, PowerPoints, Emails, Web Assets, etc. AUTOMATICALLY

Easily analyze negotiation boundaries, legal and compliance implications, obligation intents etc. not possible with traditional analytics software

Historical contracts and templates are analyzed and a bespoke template including clause options is created based on terms that have proven to be historically win-win

Machine Learning is leveraged to provide insights into evolving behavior patterns that are then used to improve the contract template, terms, structure, language and clause options 

Ability to identify missing terms and pre-requisites, such as negotiation boundaries, policy transgressions, material changes, clause and template similarity, obligation exposures, etc.

Search functionality that understands concepts and topics, not just keyword or string searches

Assigns a fixed monetary or points value to each vendor to spend on choices based on the expected value/risk to buyer

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