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Description
Gain immediate understanding of your contracts by pinpointing essential clauses, creating summaries, and facilitating your team's review process through advanced machine learning analysis. Diligen is utilized globally, catering to everyone from small legal teams to Fortune 15 corporations, streamlining the contract review process to be quicker, more efficient, and cost-effective. Its scalability is remarkable, accommodating anywhere from 50 to 500,000 contracts with ease. On day one, users can tap into hundreds of pre-trained clause models, while also having the ability to quickly train Diligen to recognize additional concepts. The adaptable and user-friendly interface can be tailored to fit your specific requirements. Compared to other market solutions, it offers industry-leading performance. You can delegate contracts to your team, enhance collaboration, and oversee the review process seamlessly. Training the system to recognize new clauses or ideas is straightforward, and it can automatically produce contract summaries in formats like Word or Excel. Furthermore, contracts can be filtered based on various criteria such as name, date, parties, or specific provisions, ensuring that hundreds of key clauses are automatically recognized and highlighted for your convenience. This comprehensive approach to contract management significantly enhances productivity and accuracy.
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
Box
Clio
Epiq Discovery
Microsoft Excel
Microsoft Word
NetDocuments
Integrations
Box
Clio
Epiq Discovery
Microsoft Excel
Microsoft Word
NetDocuments
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
Diligen
Country
Canada
Website
www.diligen.com
Vendor Details
Company Name
Ultria
Country
United States
Website
ultria.com/products/artificial-intelligence-powered-contract-management-ultria-orbit/