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Description
ContractKen is an AI copilot for contract review and drafting. We want to help our lawyers amplify their expertise using AI. Our flagship product sits inside Microsoft Word & helps lawyers through powerful AI capabilities, intuitive UX and well-researched playbooks. Review module helps users to identify risks, navigate to specific text, provide explanations and offer redline suggestions. Playbook module helps users run drafts against their 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. Precedent based drafting enables users to select their precedents, provide instructions manually or via a term sheet and leverage AI to create first draft. Reduce time to first draft by up to 80%. Our Formatting module helps users identify and navigate to all typical errors or oversight related to Defined Terms, Clause References, Money / Dates / To-do’s, etc.
Description
For over ten years, members of the Ultria Team have been implementing Practical Artificial Intelligence to enhance Information Governance for leading global enterprises. The development of Ultria's AI-driven approach to contract management emerged out of necessity, as some clients process over a million contract line items annually, while others look for assistance with supply chain risk assessments or analyzing customer orders during mergers and acquisitions. With the added pressure of a complex regulatory landscape and shifting geopolitical dynamics, the demand for high-quality metadata extraction, consistent clause matching, and risk assessment became critical, prompting the establishment of a distinct AI component. This component not only integrates seamlessly with Ultria's Contract Lifecycle Management (CLM) solution but is also designed to be utilized independently by organizations that may not yet have a CLM system in place. Ultria Orbit offers strategic flexibility in implementation, making it easier for companies to adapt to their specific needs and challenges in managing contracts effectively. Ultimately, this innovative solution empowers organizations to navigate the complexities of contract management with greater efficiency and accuracy.
API Access
Has API
API Access
Has API
Integrations
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
ContractKen
Founded
2021
Country
United States
Website
www.contractken.com
Vendor Details
Company Name
Ultria
Country
United States
Website
ultria.com/products/artificial-intelligence-powered-contract-management-ultria-orbit/
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