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
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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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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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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ContractHero
ContractHero is ideal for mid-sized and enterprise businesses seeking streamlined contract management. Our AI-powered platform brings efficiency to managing and creating contracts, deadlines, and reminders with automated analysis, OCR, and custom categories and prompts. ContractHero reduces errors, cuts costs, and keeps teams on track.
Full-text search, AI summaries, and comments drive faster, clearer contract work. With flexible integrations, e-signatures, multi-client support, user role management, and highly-rated service, ContractHero simplifies complex workflows and maximizes contract efficiency.
Why ContractHero?
Perfect for mid-sized and enterprise businesses, ContractHero offers versatile integrations through our API and customizations for complex structures. With ISO 27001-certified security and regular independent audits, we ensure top data protection. Our fast implementation, intuitive interface, and top-rated support ensure successful projects and rapid ROI.
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kReveal
kreveal.com
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