Audience
Project managers searching for a contract management platform
About kReveal
Every contract tells a story and kReveal teases them all out of your entire collection to highlight the trends you care about: your range of jurisdictions, license grants – inbound and outbound, anti-corruption risks, privacy protections, base salaries, non-competes, and more. Using patented technology, kReveal achieves extraordinary precision in both recall (presence or absence of clauses) and recognition (finding the correct terms) by automatically deconstructing contracts and targeting sophisticated rules at only the most relevant text. Whether your project involves 1,000 or 100,000 contracts, kReveal analyzes each document in seconds, using its multi-processor cluster to work in parallel, analyzing clauses and extracting terms – to your specifications – across the entire portfolio. We all know contracts can get convoluted. Especially when you have a lot of them.
Other Popular Alternatives & Related Software
Gatekeeper
Gatekeeper is a powerful, AI-driven contract management solution that gives businesses total control and visibility over their contract agreements
Gatekeeper helps its customers:
Reduce costs.
A clear line of sight of all contracts enables customers to identify wasted spend and areas for consolidation as well as actively managing all contract renewals.
Save time.
Automating contract processes using Gatekeeper’s workflow engine minimises manual effort and ensures agreed procedures are followed every time.
Mitigate risks.
Gatekeeper’s customers minimise their contract risk through effective categorisation and management as well as through establishing fully auditable records of all contract activity.
Realise agreed contract benefits.
Research shows that an average 50% of negotiated savings are never realised after a contract is signed. This is because of a lack of monitoring and oversight. Gatekeeper keeps customers on track.
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ContractKen
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.
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Aerofiler
Create, approve, sign and track Non-Disclosure Agreements in just a few clicks. Best-of-breed AI built into an end-to-end contracting platform that’s as easy as a spreadsheet with the power of enterprise. Generate perfectly formatted, error-free contracts and transform them into a rich source of data. Automate contract requests, approvals and signatures to gain full visibility and control over the contract lifecycle. Effortlessly file your contracts with AI-powered contract analysis, obligation tracking and reporting. AI that accurately learns about your contracts with only a few examples. Every feature is designed with usability as the primary focus. Set in minutes and import thousands of contracts within hours. Set in minutes and import thousands of contracts within hours. Pricing and functionality that scales with your business, no matter the size. Powerful customisability provides flexibility without sacrificing usability.
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Lexion
Lexion is a powerfully simple contract management platform that helps every team do more business, faster, by streamlining and centralizing the contracting process in a system that works the way you do. Manage all your end-to-end dealmaking operations from one centralized dashboard, with simple email-driven intake and workflows any team can use instantly, intuitive no-code automation to streamline processes and workflows, and industry-leading, practical AI that can read contracts to automatically track key terms, generate reports, and more.
We built Lexion at Microsoft co-founder Paul Allen’s artificial intelligence research institute (AI2). With a top-notch and experienced team from Microsoft, Facebook, Google, and Amazon, we built a company that CB Insights ranked the #1 most promising AI legal tech startup in the world two years in a row, and which top AI investors (including A16Z, Sequoia, and Goldman Sachs) voted one of the top 40 Intelligent Applications to watch in 2022.
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kReveal
kreveal.com
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