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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
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
Integrations
HighQ
No
Microsoft Word
No
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
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