Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Contract data is essential for everyone in your organization involved in servicing, supporting, managing, or executing contracts. An effective contract management system provides easy access to contract data, allowing team members to obtain information independently without needing to consult legal or other departments. This self-service capability enables users to quickly locate or generate reports on vital data or terms from all contracts, thereby minimizing risks and ensuring compliance with important contractual obligations. After a contract is executed, its value is just starting; however, a staggering 90% of organizations struggle to locate their contracts. This is alarming when considering the ongoing necessity for critical details such as key terms, renewal dates, owned products or services, and pricing information. A centralized source of information ensures that teams across your organization have immediate access to accurate answers for every customer, seamlessly integrating with CRM systems. This approach fosters efficiency and reliability, as everyone can confidently access the information they need to drive business success.
Description
TermScout employs a unique hybrid model that integrates artificial intelligence with legal expertise to achieve contract reviews with an impressive accuracy exceeding 99%. This level of precision surpasses what can be accomplished by AI or legal professionals working independently. The synergy between technology and legal knowledge truly exemplifies a perfect collaboration. Our primary focus lies in contracts related to the acquisition or licensing of IT services, including software, cloud solutions, hardware, professional services, independent contractor arrangements, and non-disclosure agreements. We are continuously expanding our range of contract types in our review offerings. By utilizing a data-driven approach, we provide a valuable "gut check" for various categories, empowering you to enhance your software contracts for optimal outcomes. This alignment with your business partners ensures that your contractual objectives are met effectively. The insights we offer equip you with essential information for making pivotal decisions, allowing you to save time and expedite the signing of contracts that are rated favorably. In today's fast-paced business environment, leveraging our services can give you a significant competitive edge.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$49 per contract review
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Pramata
Founded
2005
Country
United States
Website
www.pramata.com
Vendor Details
Company Name
TermScout
Founded
2018
Country
United States
Website
termscout.com
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management