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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
Wordsmith is an AI-powered legal technology platform that helps corporate legal departments manage legal requests, automate document workflows, and provide legal assistance across their organizations. The software combines an AI legal assistant with autonomous agents that can execute multistep tasks using company policies, legal playbooks, and internal knowledge repositories. Its contract review functionality analyzes agreements, identifies problematic provisions, and generates suggested redlines based on an organization's preferred legal positions. Document drafting tools support the creation of nondisclosure agreements, employment documents, contractual clauses, legal correspondence, and other professional materials. Wordsmith also provides legal research capabilities that retrieve relevant information, generate summaries, and reference supporting sources. Its document processing tools include contract comparison, audio transcription, image-to-text conversion, and translation across 22 languages. Legal intake automation collects requests from email, Slack, and Microsoft Teams, classifies matters by priority, and routes complex issues to appropriate legal professionals. Organizations can build reusable AI agents and workflow templates that automate contract reviews, answer internal legal questions, and coordinate document approvals. Wordsmith integrates with Microsoft Word, Microsoft 365, and other enterprise systems to support legal operations within existing business workflows.
API Access
Has API
No
API Access
Has API
No
Integrations
Amazon WorkDocs
Yes
Microsoft Word
No
NetSuite
Yes
Oracle Fusion Cloud ERP
Yes
SAP ERP
Yes
Salesforce
Yes
Slack
No
Workday Financial Management
Yes
Integrations
Amazon WorkDocs
No
Microsoft Word
Yes
NetSuite
No
Oracle Fusion Cloud ERP
No
SAP ERP
No
Salesforce
No
Slack
Yes
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
Yes
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Klarity
Founded
2017
Country
United States
Website
www.tryklarity.com
Vendor Details
Company Name
Wordsmith AI
Founded
2023
Country
United States
Website
wordsmith.ai/
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
