Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
ContractAI harnesses the power of artificial intelligence to revolutionize the contracting landscape, significantly enhancing the processes of contract analysis, creation, and negotiation. By automatically processing and examining historical contracts, ContractAI generates templates that reflect mutually beneficial terms. Its Analyzer application employs AI technology to clarify negotiation boundaries, assess legal and compliance ramifications, discern obligation intents, and establish permissible limits, empowering users to make informed contracting choices. Moreover, ContractAI alleviates the burdensome redlining process by providing suppliers with carefully curated win-win clause alternatives. This innovative platform allows enterprises to optimize negotiation terms based on historical insights, thereby mitigating the risks associated with unfavorable terms and conditions. Furthermore, vendors can effortlessly select acceptable alternative terms, leading to a notable decrease in the legal and procedural costs of contracting, all while leveraging an AI-driven scoring mechanism for efficiency. Additionally, this streamlined approach fosters a more collaborative environment between parties, ultimately enhancing the overall effectiveness of contract management.
Description
FastDraft is an innovative software solution designed for managing construction contracts, which streamlines contract workflows, mitigates risks, and provides comprehensive visibility throughout the entire process. This tool aids organizations in simplifying contracts across various standards such as NEC3, NEC4, JCT, FIDIC, IChemE, and customized forms, featuring pre-existing workflows that minimize mistakes, manage potential risks, and ensure compliance throughout projects. With its robust support for contract compliance, coaching, and integrated reporting and analytics, FastDraft allows project teams to maintain a centralized record of notices, approvals, decisions, deadlines, and actions. The compliance features are tailored to help teams adhere to regulations while reducing administrative burdens through customizable workflows and templates designed for key contract standards. Additionally, the AI-enhanced coaching capabilities transform project data into valuable insights, enabling managers to replicate successful strategies and foster continuous improvement. Finally, the reporting and analytics functionalities provide teams with real-time, data-driven insights that empower them to monitor progress, make strategic decisions, and keep projects aligned with their objectives.
API Access
Has API
No
API Access
Has API
No
Integrations
Asite
No
Autodesk CFD
No
COINS
No
Microsoft Outlook
No
Microsoft PowerPoint
Yes
Microsoft Word
Yes
Oracle Aconex
No
Oracle Primavera
No
SAP Store
Yes
Viewpoint Field Management
No
Integrations
Asite
Yes
Autodesk CFD
Yes
COINS
Yes
Microsoft Outlook
Yes
Microsoft PowerPoint
No
Microsoft Word
No
Oracle Aconex
Yes
Oracle Primavera
Yes
SAP Store
No
Viewpoint Field 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
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
App Orchid
Founded
2013
Country
United States
Website
contractai.apporchid.com
Vendor Details
Company Name
Built Intelligence
Founded
2012
Country
United Kingdom
Website
builtintelligence.com/fastdraft/
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No