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Average Ratings 0 Ratings

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features
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support

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Write a Review

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

ThoughtRiver's automated platform for contract review can revolutionize your contract management process. Our technology streamlines contracting by automating risk assessment, AI-guided remediation and the automation of legal contracts. It's no longer necessary to read through entire contracts to find the key areas of interest. ThoughtRiver reviews contracts and provides legal advice. ThoughtRiver not only saves time for lawyers, but it also addresses a key challenge faced by CEOs: how to increase deal speed. Our platform speeds up the contracting process by allowing companies to sign more contracts and generate revenue quicker with intelligent contract pre-screening. Join the many happy legal firms and service providers that have transformed their contracting processes with ThoughtRiver.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

HighQ No 
Microsoft Word No 

Integrations

HighQ Yes 
Microsoft Word Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

Volume based pricing
Free Trial Yes 
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

ThoughtRiver

Founded

2013

Country

United Kingdom

Website

www.thoughtriver.com

Product Features

Contract Management

Buy Side (Suppliers) Yes 
Completion Tracking Yes 
Compliance Tracking Yes 
Contract Lifecycle Management Yes 
Electronic Signature No 
Full Text Search No 
Government Contracts No 
Pre-built Templates No 
Sell Side (Customers) Yes 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

Legal Document Management

Access Controls Yes 
Archiving & Retention Yes 
Collaboration No 
Contract Management Yes 
Document Assembly No 
Document Indexing Yes 
Document Tagging Yes 
Full Text Search No 
Version Control Yes 

Alternatives

No Alternatives

Alternatives

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