Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Klara serves as an AI agent for contract review and compliance at Kanerika, efficiently extracting contracts and documents from your existing document management solutions like SharePoint while ensuring that personally identifiable information is masked prior to any in-depth analysis. It meticulously evaluates each clause against your organization’s playbook, highlighting any deviations in critical terms such as indemnity, termination, audit rights, and data ownership while providing a confidence score for each finding. Additionally, Klara generates redline language that aligns with your playbook for any flagged clauses, which are subsequently reviewed by a human for final approval. Furthermore, all findings, decisions, and overrides are systematically logged to maintain a thorough audit trail, and the decisions made by reviewers are incorporated back into the system, enhancing the accuracy and efficiency of future contract reviews. This continual feedback loop not only strengthens the review process but also ensures compliance and alignment with your organization’s standards.
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
Screenshots View All
No images available
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
No
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
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Kanerika
Founded
2015
Country
United States
Website
kanerika.com
Vendor Details
Company Name
Klarity
Founded
2017
Country
United States
Website
www.tryklarity.com
Product Features
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
Alternatives
No Alternatives