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

Smart Contract Analytics (SCA) is a comprehensive Contract Discovery and Analytics platform powered by Artificial Intelligence & Machine learning. The platform provides a 360 degree insight into contracts and other similar documents helping organizations extract, review and analyse critical information from the contracts and make informed decisions. Product features: 1) NLP and deep learning techniques for extracting metadata 2) Export the extracted data to Excel or client desired format and push the extracted data into any CLM or downstream system 3) Generate dynamic ML models based on the contract type 4) The Platform has adapters to various data sources to obtain legacy documents (For Example, FTP, Google Drive, SharePoint, Dropbox, box, S3 and others etc.) 5) The Platform can segregate the contracts based on the type of the contract (i.e. MSA, NDA, SOW etc.) 6) Document OCR capability with ability to convert images, unsearchable PDF and scanned documents into text.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Companies looking for an AI-powered contract lifecycle management solution

Audience

Organizations across the world who regularly execute contracts with Customers, Vendors and Partners

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

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:

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Reviews/Ratings

Overall 5.0 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.8 / 5
support 4.8 / 5

Pros & Cons from Real Users

Pros

  • Integrated platform to convert scanned docs to digital through OCR. Accurate extraction of common metadata fields that are useful in day to day operations. Intuitive User Interface and little to no learning curve. Excellent customer support and quick response.
  • You can search deeper in your contracts for keywords, clauses and contract terms. And can compare your contracts and clauses from standard templates or another executed contracts from your contract repository.
  • Ability to review and compare two executed documents before final signatures. Negotiate better terms based on historical data.
  • Best Contract Analytics, and I suggested my friends, they will provide good support and price & work is complete different.
  • This platform has very good and in depth search functionality for keywords, clauses, phrases and one can add several smart tags to contracts to easily find based on tags. Also it has a smart semantic search powered by NLP to show terms related to the keyword you are looking for. Another great feature is the intelligent comparison of two contracts and see visually the deviations.

Cons

  • The lead times to train the meta fields can be reduced. More useful dashboards and this can be improved.
  • There are no cons with this tool.
  • There is only limited data handling in the trial version.
  • Nothing is there, best services they will provide.
  • Their contract drafting module is currently being developed

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

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

Company Information

Standav Corp
Founded: 2009
United States
www.docskiff.ai

Alternatives

Alternatives

Robin

Robin

Robin AI

Categories

Categories

Contract Analysis Supported
eDiscovery Supported

eDiscovery Features

Case Analytics Supported
Compliance Management Not Supported
Discussion Threads Not Supported
Document Indexing Supported
Document Tracking Supported
Full Text Extraction Supported
Keyword Search Supported
Metadata Extraction Supported
Topic Clustering Not Supported

Integrations

Conga CLM Not Supported
EraCLM Not Supported
Microsoft PowerPoint Supported
Microsoft Word Supported
SAP Store Supported
Salesforce Not Supported

Integrations

Conga CLM Supported
EraCLM Supported
Microsoft PowerPoint Not Supported
Microsoft Word Not Supported
SAP Store Not Supported
Salesforce Supported
Claim ContractAI and update features and information
Claim ContractAI and update features and information
Claim Docskiff Smart Contract Analytics and update features and information
Claim Docskiff Smart Contract Analytics and update features and information