Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Thomson Reuters CoCounsel is a professional AI platform that assists legal, tax, accounting, and audit professionals with research, analysis, document drafting, and workflow automation. The platform combines generative AI and agentic capabilities with authoritative content from Thomson Reuters research and information services. CoCounsel Legal integrates with Westlaw and Practical Law to support legal research, contract analysis, litigation preparation, and document drafting. Its document analysis tools can review large collections of files, extract relevant information, identify issues, and provide citations linking findings to their original sources. Legal drafting capabilities help users generate agreements, correspondence, and other documents using existing precedents and organizational knowledge. CoCounsel Tax supports tax research, return analysis, regulatory interpretation, and preparation of client deliverables using Checkpoint and other trusted sources. CoCounsel Audit & Accounting assists with workpaper analysis, technical research, risk identification, and audit documentation. Agentic workflows enable the platform to plan and execute multistep assignments while supporting reusable templates, shared workspaces, and document-based collaboration. CoCounsel includes enterprise security and privacy controls and is designed to help professionals complete complex work while retaining the ability to review and verify AI-generated findings.
Description
Manual review of customer contracts to determine revenue accounting impact can be time-consuming and painful. Each contract requires that accountants spend hours creating and populating new contract review lists with metadata, dates, fees, and non-standard terms. This is time that could be used to innovate processes. Klarity automates all aspects of this process. Klarity pre-populates a checklist to automatically review all contracts. The application includes all the necessary tools to review contracts and provide notifications, accounting impact, notes, as well as an automated workflow. Klarity allows organizations to focus on strategic value by focusing on analysis and audit documentation, rather than the tedious manual work. For a smoother contract review process and a quicker month-end close, create customized workflows for the first- and second-level reviewers.
API Access
Has API
No
API Access
Has API
No
Integrations
Amazon WorkDocs
No
NetSuite
No
Oracle Fusion Cloud ERP
No
SAP ERP
No
Salesforce
No
Workday Financial Management
No
Integrations
Amazon WorkDocs
Yes
NetSuite
Yes
Oracle Fusion Cloud ERP
Yes
SAP ERP
Yes
Salesforce
Yes
Workday Financial Management
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Thomson Reuters
Founded
2008
Country
Canada
Website
www.thomsonreuters.com/en/cocounsel
Vendor Details
Company Name
Klarity
Founded
2017
Country
United States
Website
www.tryklarity.com
Product Features
Legal Research
AI / Machine Learning
No
Annotations
No
Brief Analytics
No
Case Alerts
No
Case Law Research
No
Change Tracking
No
Data Visualization
No
Filtering
No
Query Suggestions
No
Search History
No
Self-Service Search
No
Statutes Research
No
Tax Law Research
No
Third-Party Analysis Integration
No
Product Features
Data Extraction
Disparate Data Collection
No
Document Extraction
No
Email Address Extraction
No
IP Address Extraction
No
Image Extraction
No
Phone Number Extraction
No
Pricing Extraction
No
Web Data Extraction
No