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Average Ratings 0 Ratings
Description
AXDRAFT is a contract lifecycle automation solution that works alongside ContractWorks to simplify contract creation, collaboration, and management. It allows users to build intelligent templates that adapt dynamically based on user input, ensuring consistency and compliance across documents. The platform automates contract drafting through guided workflows, reducing the time and effort required to generate accurate agreements. AXDRAFT also facilitates collaboration by enabling real-time redlining, commenting, and approval routing among stakeholders. Once contracts are finalized, they are automatically stored and managed within ContractWorks, which handles access control and secure storage. The combined system provides full visibility into contract data, including tracking, reporting, and renewal reminders. Integration with eSignature tools ensures a smooth transition from approval to execution. AXDRAFT helps streamline legal workflows while maintaining accuracy and accountability. It reduces reliance on manual processes and improves operational efficiency. Overall, it delivers a connected solution for managing contracts from creation to completion.
Description
Key Benefits:
- Quicker Revenue:
40% reduction in contract authoring time.
Quicker revenue realization (18% of sales cycle spent on contracting).
- Reduced Costs:
Reduction in revenue leakage – 9% of the bottom line.
Optimized spend & 10-12% reduction in expenses.
- Improved Compliance:
Reduced risk – 2% of annual costs.
Real-time contractual insights for improved compliance.
- End-to-end CLM platform:
One platform for legal, sales & procurement teams.
- Quick deployment:
Simplify contracts across the enterprise in just 3 months.
Features:
• Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach.
• Advanced Reporting
• Contract authoring and template & clause library management.
• AI-powered (NLP) contract analysis, metadata extraction, and search.
• Contract repository and document management.
• Contract collaboration and approval workflows.
• Contract milestone and obligation tracking.
• Contract renewal and expiration management.
• Centralized Desk and Controlled Access to data.
• Integration with other enterprise systems.
API Access
Has API
API Access
Has API
Integrations
Adobe Acrobat Sign
ContractWorks
Coupa
Docusign
Google Cloud Operations Suite
Google Workspace
Leegality
Microsoft Dynamics 365
NetSuite
Oracle CRM On Demand
Integrations
Adobe Acrobat Sign
ContractWorks
Coupa
Docusign
Google Cloud Operations Suite
Google Workspace
Leegality
Microsoft Dynamics 365
NetSuite
Oracle CRM On Demand
Pricing Details
$600 per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Onit
Founded
2011
Country
United States
Website
www.onit.com/products/clm/axdraft/
Vendor Details
Company Name
SimpliContract
Founded
2020
Country
United States
Website
simplicontract.com
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management