Best Contract Analysis Software for Small Business

eBrevia is now a subsidiary to Donnelley Financial Solutions, a global leader in risk and compliance solutions. DFIN's robust ecosystem includes domain expertise, enterprise software, and data analytics at every stage of the business and investment lifecycles. eBrevia's award-winning contract analytics is a key component of DFIN. eBrevia clients are from many industries, including energy, education and technology. These include some of the largest corporations, financial institutions and law firms in the world, as well as audit/consulting firms, ALSPs, and law firms.

Based on the deal position, deal size, industry, and other factors, custom model agreements instantly reveal what you can expect from opposing counsel. You can gain deeper insight into the deal participants, including their lead attorneys, deal structure, consideration, financial advisors, and financial advisors, so you can create the best strategy. Comparison tools and clause-level search allow you to quickly and easily deconstruct agreements and give you deep insight into the past terms of opposing counsel. Analytics quickly highlight conforming and non-conforming words, giving you a complete understanding of your client's terms in relation to past precedent.

BlackBoiler uses AI for contract review. It works by using your company standards and historical contracts. BlackBoiler uses patented AI and NLP technology to automatically mark up inbound contracts based on your company's playbook. This is done right in Track Changes. A user-enabled machinelearning feedback loop allows BlackBoiler grow smarter and improve efficiency with each use. Users can review contracts faster and with more consistency. AI can review contracts and identify inconsistencies. It will also suggest edits consistent with a company’s playbook. This allows you to standardize how your company reviews and marks-up contracts, regardless of where they are being negotiated. BlackBoiler makes it possible to review the same number of contracts in a fraction as the time and allows your staff to use their past contract review work for future work.

Since more than a decade, Ultria Team members have been using Practical Artificial Intelligence for Information Governance for leading global companies. Ultria's application practical AI to the problem of contract management was partly born out of necessity. Some customers run more than a million contract lines through their operational systems each year. Others seek support in supply chain risk analysis and M&A evaluation of customer orders. Due to the changing regulatory environment and dynamic geopolitical realignments, it was time to create an AI component that could be fully interlinked with pour CLM and also be separable for organizations whose near-term path did not include a Contract Lifecycle Management Solution. Ultria Orbit offers strategic implementation flexibility.

To help companies review force majeure clauses, we have created an AI-based contract analysis tool. Attorneys will not be able to save valuable time searching for force majeure language, governing laws, and other applicable clauses without AI. Innovate UK's Sustainable Innovation Fund has funded the project. The platform automatically extracts key data points and recognizes patterns. It also classifies documents. It can read contracts in many formats and organize large amounts of contract data. It also provides analytics about the data. The platform allows companies to quickly review contracts, manage large amounts of data faster, and manage contracts more efficiently. It quickly scans through large amounts of data and flags contracts that meet certain criteria. Intelligent contract development is possible through the platform. The drafting process is faster, easier, and smarter.

Every person in your company that supports, manages, or executes on contracts is responsible for maintaining accurate contract data. A contract management system that makes it easy to access contract data is the right one. RaaS empowers everyone in your organization to find answers on their own, eliminating the need to rely upon legal or other resources. You can quickly find and run reports on key terms or data across all your contracts. This reduces risk and ensures that you don't miss any important contractual obligations. The value of a contract is only the beginning. 90% of companies struggle to find their contracts. This is a staggering statistic when you consider all the details you need to know on a regular basis: key terms, renewal dates and pricing. One source of truth. So teams across your organization have the exact answers they need for every customer at their fingertips--including in CRM.

It all starts with the customer. We are committed to solving real customer problems and helping customers succeed with our products. We are always trying to improve and reimagine the processes that our customers use. We are always looking for new ways to do things, and we fully expect some of our efforts to fail. We strive to improve our customers' lives by constantly learning and failing. Trust is the most important thing. We strive to align our thoughts and words so that we can always do the right thing for our clients, partners and employees.

With extremely high accuracy standards, review your documents and extract key clauses and obligations. GrayBox is a customizable solution that creates deep learning models in fractions of the time it takes to use traditional data science methods. Cognitiv+ allows you to quickly and easily integrate your system. Cognitiv+ machine-learning technology automatically analyzes and extracts text and creates new services. GrayBox automates Natural Language Processing & Deep Learning infrastructures and workflows. It accelerates the deployment and deployment of production-ready solutions. You can speed up contract review by as much as 80%. This allows you to act quickly and with a time-savings that is contractually compliant. This tool allows you to monitor your contracts without having to read them every day.

ContractAI uses AI to transform contracting, greatly improving analysis, creation, and negotiation. ContractAI uses AI to automatically analyze and ingest historical contracts in order to create templates that are based on terms that have been proven to be win-win. The Analyzer app makes use of AI to help you understand negotiation boundaries, legal compliance implications, obligation intents, and permissible thresholds so that you can make better contracting choices. ContractAI reduces redlining by providing suppliers with vetted win/win clause options. Enterprises can reduce risk by streamlining the terms of negotiation using past learnings. An AI-based scoring system allows vendors to choose acceptable terms that significantly reduce legal and procedural costs.

All the information you need to capture vital data across your company. To extract the relevant information from your documents, you can use context-aware machine learning algorithms. Our specialized classifiers can help you identify different types of business documents. You can distinguish between employee contracts, leases, supply arrangements, and many other types of business documents. Quickly identify the language in which your document was written. You can quickly identify if your documents were written in English, Portuguese or German. OCR text and images can be created from more than 20 file types, including email, word documents, PDFs, and other formats. To reduce initial uplift, you can use any AI model from our 1000+ built-in clause or provision models. Our in-house team has trained them. Zuva DocAI uses Zuva's patented, ML technology, which is trusted by top law firms and businesses to identify, extract and analyze the content of documents with unmatched accuracy. Create your own AI applications to meet your needs.

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.

Conductiv's solution provides a single-stop shop for managing third-party service relationships. Conductiv makes it easy to manage your daily tasks such as renewing contracts, building stakeholder consensus, and reaching long-term goals like hitting savings targets or adhering with on-contract compliance. Our group purchasing contract portfolio allows you to accelerate negotiations on service agreements, which will save you time, money, effort, and money. You can create a 18-month plan, identify savings opportunities, track department performance, negotiate competitive contracts quickly, and even create a roadmap. Our dedicated experts can help you implement bespoke sourcing solutions that will reduce your workload and improve your results. Comprehensive lifecycle management integrates your supply chain with suppliers, contracts and market intelligence at all stages of the sourcing process. Third-party services have become more popular, and so has the demand for procurement intelligence and expertise.

Claira provides valuable insights to decision-makers through their documents. This allows for more intelligent investing, benchmarking and negotiation. It also helps with compliance, risk, regulatory management, compliance, risk, and risk management. Our proprietary technology extracts insight from the most complex, bespoke and heavily-negotiated documents, including finance, legal language, tables, graphics, and others. Our technology and financial services experts work together with you to achieve the results that you need. Claira employs a unique combination of computational linguistics, sentence-level, deep semantic parsing and sentence-level linguistics to provide greater understanding and accuracy. Claira can not only structure and extract contract data but also fully understand the "legalese and logic" contained in financial agreements without any training or templating.

Document engineering empowers business users. It is easy to make an immediate impact without investing in machine learning, staff training or IT development. Analyze agreements for pricing, risk, and obligations. Avoid costly penalties and escalators caused by delays. Transform carrier plans into data so that brokers can concentrate on selling and not data entry. Reduce costs and improve quality by using annual temp staffing instead. Examine your MSAs to identify deliverables, pricing, liabilities, legal risk, and avoid costly surprises. Reduce the cost of diligence when transacting. Identify price variations, renewal deadlines and sub-lease options. Also, identify tax issues across portfolios. Ensure compliance with tax laws, optimize rents and avoid fees. To increase productivity, compliance, insight, and productivity, unlock the data in your unique documents. To comply with new customer and regulatory requirements, re-paper legacy licenses. Assure documentation and quality reviews.

With AI, it is 3x easier to draft contracts. Spellbook uses GPT-3 to review your contracts and suggest language, right from Microsoft Word. Spellbook is a legal text expert that can instantly suggest language for your contracts. Close better deals, faster. Spellbook takes out the nitty gritty so you can concentrate on creating strategic value. Spellbook is more than a contract-speaker. It has been trained using Wikipedia, books, and the Internet to be able to reference facts about the world. Spellbook is powered OpenAI's GPT-3, a large large language model that provides incredible performance. Spellbook is the only GPT-3-powered tool that has been tuned to contracting and integrated with Word.

Negotiate contracts faster. Save time and money by understanding any legal contract quickly. 100x faster than an attorney. Atticus AI helps to quickly understand your contract's major provisions and highlights obvious red flags. Negotiate better contract conditions. Atticus provides examples of how to address any major missing or burdensome provisions. Save money on attorney fees. Ask Atticus all the questions you need to fully understand your contract.

Our products are equipped with the latest deep-learning technology to ensure maximum accuracy. Our support for new contract types is constantly being updated based on the customer's demand. No pre-training is required. Our solutions are ready to use. Review your first contract in 1 minute after first login. We do not ask our clients to provide any data for our AI. We manually label and collect the datasets. We can help you to add your own rules to our standard solutions in order to meet your organization's review practices and guidelines. We use the latest deep learning, NLP and research technology. Our solutions support over 50 languages. Bilingual contracts can also be supported.

Legitt AI, an innovative platform for contract lifecycle management, uses cutting-edge AI to streamline the creation of contracts, their signing, tracking and management. Legitt AI, powered by Assistive intelligence, acts as an intelligent advisor, enhancing accuracy and efficiency throughout the contract lifecycle. It offers customizable solutions to businesses of all sizes - from small startups up to large enterprises. Legitt AI's user-friendly interface, advanced features and powerful functionality empower organizations to optimize contracting processes, mitigate risk and drive business growth.

Catalyst for Contracts is designed to "work where you are," integrating seamlessly with your users' preferred tools. It uses conversational AI to assist legal professionals in quickly and confidently drafting language, finding inconsistent terms, explaining clauses, rewriting positions, etc. Use AI and NLP to extract contract data and process legal text quickly to understand your exposure to regulatory changes, identify contract trends and get answers to important business questions. You can quickly resolve complex issues by using fallback positions that have been approved or by comparing clauses to your embedded clause library. AI tools in contracts can help you speed up contract reviews by identifying defined terms, cross references, and potentially risky language.

Is it acceptable to spend hours on contracts in the age of AI? You've probably read the same confusing legal language five times. After reading hours of difficult to understand legal language, did you get a headache? ContractPower is the renewable energy of choice for AI contract analysis and legal language generation. It also allows contract summarization by clicking a button. It's never been easier to share difficult-to-understand contractual information. Safe. Secure. Private.

Negotiating agreements can be done in less time and with less effort. With the most accurate AI contract review program in the world, you can unlock unprecedented efficiency. Use Ivo's checklist to check agreements against your requirements, and insert AI-generated comments and redlines directly into your Microsoft Word document. Ivo adapts its reviews to your company's unique legal guidelines and language to deliver customized reviews. You can identify issues in your agreement, create lists of issues, create summaries and find unused defined terms. Ivo is an add-in for Microsoft Word that also supports Google Docs and Adobe PDF documents. Intelligent redline recommendations improve efficiency. With just one click, you can generate dynamic issue lists that are customizable and help to surface open risks. Ivo's top priority is keeping your contracts safe and secured, which is why we invested in obtaining industry recognized security certifications.

Evisort, the AI-powered contract management software is the first to provide visibility into any document. It also reduces risk by using artificial Intelligence to speed up and accurately analyze contracts. It streamlines workflows and elevates collaboration. Over 230 contract types are supported. More than 50 clauses and metadata are extracted out-of-the box. Over 10Million contracts. Reads documents in less than 60 seconds. Tracking 1B+ data points. Evisort AI Labs studies Natural Language Processing (NLP), and computer vision models. They develop algorithms using the most advanced forms artificial intelligence possible to automate search, data collection, and ensure that you find what you need in all of your contracts, at any given time. Evisort provides contract management efficiencies, workflow accountability and visibility into documents for a variety business teams.

Aavenir Obligationflow gives organizations 360deg visibility into their enterprise-wide contractual obligations. This is possible using Artificial Intelligence-enabled context search. Not only can companies auto-discover key contractual obligations, but they also have the ability to collaborate with relevant stakeholders for fulfillment via its digital workflow. They can also monitor the compliance status via ServiceNow's Obligationflow dashboard. Aavenir Obligationflow imports all active contracts from Aavenir Contractflow and any other CLM system. It transforms the way organizations discover, manage, fulfill, and report on obligations that were previously hidden within complex contract language.

Every contract tells a story. kReveal teases all of your contracts to highlight the trends that matter to you: your range of jurisdictions and license grants - inbound or outbound, privacy protections and base salaries, non-competes and anti-corruption risks. Using patented technology kReveal can achieve extraordinary precision in recall (presence/absence of clauses) as well as recognition (finding correct terms). It automatically deconstructs contracts and targets sophisticated rules at the most relevant text. Whether you have 1,000 or 100,000 contracts to analyze, kReveal can do it in seconds. It uses its multi-processor cluster and works in parallel to analyze clauses and extract terms - according to your specifications – across the entire portfolio. Contracts can be complicated, as we all know. This is especially true if you have many of them.

Automatically extract key terms. Find legal style, definitions, or risky language problems. To improve comprehension and accessibility, translate legalese into plain English. Legal advice requires careful analysis of each law and its application to a particular situation. Legal Robot generates information by automatically analysing your legal documents in relation with other legal documents and case laws. We also offer statistical and linguistic analyses to help you understand possible issues in your legal documents. Machine learning is a sub-field within the larger field of AI.