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
Workday Contract Lifecycle Management (CLM), powered by Evisort AI, is a comprehensive platform that modernizes and accelerates the contracting process. It automates end-to-end workflows, enabling organizations to draft, negotiate, approve, and store contracts more efficiently. Built-in AI tools support automated redlining, clause management, and customizable contract templates to reduce review time. The “Ask AI” functionality allows users to instantly query contract data and surface risks, obligations, and opportunities. Advanced search capabilities and interactive dashboards provide deep visibility into contract performance and compliance. Seamless integrations with platforms such as Box, SharePoint, and Salesforce ensure data consistency across repositories. Teams can collaborate in real time, track version changes, and manage approvals from a single interface. Custom AI models adapt to specific business needs, enhancing flexibility and precision. By eliminating manual bottlenecks, the platform shortens contract cycles and improves operational reliability. Workday CLM empowers legal, procurement, and finance teams to contract faster while maintaining control and compliance.
API Access
Has API
API Access
Has API
Integrations
Adobe Acrobat Sign
Box
Docusign
Dropbox
Gmail
Google Drive
Microsoft OneDrive
Microsoft PowerPoint
Microsoft SharePoint
Microsoft Word
Integrations
Adobe Acrobat Sign
Box
Docusign
Dropbox
Gmail
Google Drive
Microsoft OneDrive
Microsoft PowerPoint
Microsoft SharePoint
Microsoft Word
Pricing Details
No price information available.
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
App Orchid
Founded
2013
Country
United States
Website
contractai.apporchid.com
Vendor Details
Company Name
Workday
Founded
2005
Country
United States
Website
www.workday.com/en-us/products/contract-management/contract-lifecycle-management.html
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