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Average Ratings 0 Ratings
Description
For over ten years, members of the Ultria Team have been implementing Practical Artificial Intelligence to enhance Information Governance for leading global enterprises. The development of Ultria's AI-driven approach to contract management emerged out of necessity, as some clients process over a million contract line items annually, while others look for assistance with supply chain risk assessments or analyzing customer orders during mergers and acquisitions. With the added pressure of a complex regulatory landscape and shifting geopolitical dynamics, the demand for high-quality metadata extraction, consistent clause matching, and risk assessment became critical, prompting the establishment of a distinct AI component. This component not only integrates seamlessly with Ultria's Contract Lifecycle Management (CLM) solution but is also designed to be utilized independently by organizations that may not yet have a CLM system in place. Ultria Orbit offers strategic flexibility in implementation, making it easier for companies to adapt to their specific needs and challenges in managing contracts effectively. Ultimately, this innovative solution empowers organizations to navigate the complexities of contract management with greater efficiency and accuracy.
Description
Every contract encompasses a narrative, and kReveal efficiently extracts these narratives from your comprehensive collection, emphasizing the trends that matter to you, such as various jurisdictions, license grants—both inbound and outbound, risks related to anti-corruption, privacy safeguards, base salaries, non-compete clauses, and more. With its patented technology, kReveal offers remarkable accuracy in both recall—identifying the presence or absence of specific clauses—and recognition—locating the appropriate terms—by systematically deconstructing contracts and applying advanced rules to focus solely on the most pertinent text. Regardless of whether your project consists of 1,000 or 100,000 contracts, kReveal processes each document within seconds by utilizing a multi-processor cluster that operates simultaneously, scrutinizing clauses and extracting terms according to your requirements across the entire dataset. Managing numerous contracts can quickly become complex and overwhelming, especially when facing extensive portfolios that require precise analysis. This is where kReveal's innovative approach truly shines, simplifying the task and ensuring that you remain informed and in control of your contractual obligations.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
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
Yes
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
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Ultria
Country
United States
Website
ultria.com/products/artificial-intelligence-powered-contract-management-ultria-orbit/
Vendor Details
Company Name
kReveal
Website
kreveal.com
Product Features
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No