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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

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.

Description

We have created an innovative AI-driven solution for contract analysis that significantly streamlines the review of force majeure clauses for businesses. In the absence of AI, legal professionals would waste considerable time locating the specific force majeure language, governing law, and other relevant clauses within contracts. This initiative has received funding from Innovate UK’s Sustainable Innovation Fund. Our platform is capable of automatically extracting critical data points, identifying patterns, and classifying various documents. It accurately interprets contracts across multiple formats, efficiently organizes extensive contract data, and delivers insightful analytics regarding the information extracted. By utilizing this platform, companies can expedite contract reviews, manage large datasets with greater ease, and enhance overall contract management strategies. It swiftly navigates through immense volumes of information and highlights contracts that meet predefined criteria. Furthermore, the platform facilitates intelligent contract development, ensuring that the drafting process is not only quicker but also more intuitive and efficient. This solution ultimately empowers organizations to optimize their legal workflows and improve compliance across their contract portfolios.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Amazon WorkDocs Yes 
NetSuite Yes 
Oracle Fusion Cloud ERP Yes 
SAP ERP Yes 
Salesforce Yes 
Workday Financial Management Yes 

Integrations

Amazon WorkDocs No 
NetSuite No 
Oracle Fusion Cloud ERP No 
SAP ERP No 
Salesforce No 
Workday Financial Management No 

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) Yes 
In Person No 

Vendor Details

Company Name

Klarity

Founded

2017

Country

United States

Website

www.tryklarity.com

Vendor Details

Company Name

Uhura Solutions

Founded

2018

Country

United Kingdom

Website

uhurasolutions.com

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 

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Alternatives

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