ContractAI

ContractAI

App Orchid
+
+

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About

ContractAI leverages AI to transform the contracting process, dramatically improving the analysis, creation and negotiation of contracts. ContractAI utilizes AI to automatically ingest and analyze historical contracts to author templates based on terms that were proven win-win. The Analyzer app uses AI to help you easily understand negotiation boundaries, legal and compliance implications, obligation intents and permissible thresholds, so you can make better contracting decisions. ContractAI eliminates the painful redlining process by giving suppliers vetted win-win clause options. Enterprises can streamline the terms of negotiation based on past learnings, thereby reducing exposure to high-risk terms and conditions. Vendors can easily choose alternative acceptable terms to significantly reduce legal and procedural costs of contracting, utilizing an AI-based scoring system.

About

What are the main use cases addressed by ContractKen? 1. Contract Review & Redlining: Leverages AI to identify, locate, explain, mitigate and redline edit key risks, ambiguous terms, missing clauses, etc. in the contract. 2. Integrate your Playbooks: Run drafts against your organization checklists or playbooks. Screen for terms / clauses which comply or deviate from approved standards and make a redline edit. Download the report within minutes. 3. Precedent based Drafting: Use your trusted precedents to create first drafts. Add instructions manually or upload term sheet, and let AI do the rest. Reduce time to first draft by up to 80%. 4. Formatting & Proof-Reading: Identify and navigate to all typical errors or oversight related to Defined Terms, Clause References, Money / Dates / To-do’s, etc., that creep in while the contract goes through multiple revisions / review cycles. This helps speed up the final check list work significantly.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Companies looking for an AI-powered contract lifecycle management solution

Audience

Law Firms, In-house legal teams of mid-sized to large organizations

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

App Orchid
Founded: 2013
United States
contractai.apporchid.com

Company Information

ContractKen
Founded: 2021
United States
www.contractken.com

Alternatives

Alternatives

VerifAI

VerifAI

SpotDraft

Categories

Categories

Integrations

Microsoft Word
Microsoft PowerPoint
SAP Store

Integrations

Microsoft Word
Microsoft PowerPoint
SAP Store
Claim ContractAI and update features and information
Claim ContractAI and update features and information
Claim ContractKen and update features and information
Claim ContractKen and update features and information