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About

Standardize and automate the contract lifecycle with Newgen's AI-first Contract Lifecycle Management —from initiation, creation, negotiation, and execution, to expiration. Empower users with end-to-end visibility of contracts across your organization for improved compliance, lower risks, and higher employee productivity. Leverage our automation tools to enable smarter contract authoring and contract information tracking. Automated processes, including contract authoring, review, registration, renewal, termination, and request for contract addendums. Tracking of results from public expenditures to ensure that payment is commensurate with performance. Escalation matrix, imported from the customer’s active directory, to automatically define escalation structure. Clause repository, containing data related to contract clauses, like clause ID, name, and content.

About

RI-TOOL is a multi-tenant SaaS platform built for reinsurance professionals to document, structure, and formalize treaty clauses. Each clause is modeled as a directed acyclic graph (DAG) of operands — enabling precise, machine-readable formalization of complex contractual logic that spreadsheets cannot provide. The platform covers the full reinsurance workflow across 9 specialist roles: clause drafting (Junior underwriter), validation (Senior underwriter), actuarial formalization (Actuary), exposure graph modeling (Risk Modeler), contract instantiation (Manager), and statement-of-account production (SOA Senior / SOA Junior). Each tenant receives an isolated workspace pre-loaded with a seed library: standard clauses, primitive DAG graphs (LEGO Bricks), and SOA templates covering Profit Commission, Loss Participation, and more. A 298-term multilingual RI glossary is included in 14 languages (EN FR DE ES IT PT NL PL JA AR KO ZH TR HE). Documents are stored with AES-256-GCM encryption.

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 of all sizes that need a contract lifecycle management platform

Audience

Insurance and reinsurance actuaries, underwriters, accounting, consulting

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

$0
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

Newgen Software
Founded: 1992
United States
newgensoft.com/solutions/enterprise-service-management/contract-lifecycle-management/

Company Information

RI-TOOL
Founded: 2026
France
ri-tool.com

Alternatives

Alternatives

TreatyIQ

TreatyIQ

Moody's Corporation
Moody's Analytics AXIS

Moody's Analytics AXIS

Moody's Analytics
Prima XL

Prima XL

Prima Solutions
Simplify Contracts

Simplify Contracts

Exsellant Software

Categories

Categories

Integrations

No info available.

Integrations

No info available.
Claim Newgen Contract Lifecycle Management and update features and information
Claim Newgen Contract Lifecycle Management and update features and information
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Claim RI-TOOL and update features and information