ContractAI Description
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.