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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
Advanced AI offers attorney-level negotiation capabilities with features such as multi-round review, automated redlining, fallback playbooks, approvals, and instructional support. This technology significantly reduces the timeframe from contract drafting to final signature, allowing negotiation reviews and markup processes to occur almost instantaneously. By expediting negotiation and deal timelines, it contributes to cost savings and enhances procurement workflows. Utilize data-driven insights to refine your review methods, effectively managing edge cases and incorporating feedback. Additionally, it minimizes risk by ensuring compliance through AI-driven adherence to both organizational and industry standards, as well as playbook protocols. LexCheck AI comes preloaded with established negotiation best practices for a variety of common contract types. Our dedicated team is available to help you customize it to align with your unique playbook guidelines using fewer than 24 training examples. This tailored approach ensures that your contract negotiation process is not only efficient but also highly effective in meeting your specific needs.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
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)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Kanerika
Founded
2015
Country
United States
Website
kanerika.com
Vendor Details
Company Name
LexCheck
Founded
2015
Country
United States
Website
www.lexcheck.com
Product Features
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
Alternatives
No Alternatives