Klarity 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.
Klarity Alternatives
Concord Horizon is an AI native contract platform built from a complete rewrite of Concord’s technology, applying ten years of experience to a modern architecture for faster and more accurate contract work.
The redesigned interface offers light and dark mode, collapsible navigation, full screen focus, custom columns, advanced filtering, and consistent tables across modules.
AI Copilot supports natural language questions, contract summaries, key point extraction, and fast portfolio insights, while AI Search adds lexical and semantic search with improved performance and multi actions on results.
MCP brings contract intelligence into AI tools like ChatGPT and Claude for summaries, tables, or automated monitoring. Concord applies a strict zero data retention policy with AI partners and never uses customer data to train AI models .
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LinkSquares, a web application, is designed to make legal and finance teams more efficient. The AI-powered contract repository automatically extracts key terms from contracts and provides key insights through deep search, custom reports, and analytics. LinkSquares helps high-growth companies save hundreds of hours and thousands in costs by eliminating the need to review contracts manually and requiring outside counsel. LinkSquares analyzes and extracts structured data from every contract. The result is more that a full-text search. LinkSquares provides interactive Dashboards, custom reports, and other tools that help you put your contract data into action. LinkSquares provides automation and insight to every stage of your contract lifecycle. You can draft faster, review faster, and get agreements done sooner. LinkSquares does everything except write contracts for you. (And that's something we're also working on.)
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Legalbook.io
Legalbook.io, an AI-powered contract review platform, helps lawyers, law firms, and legal teams assess risks, suggest alternate clauses, and redline contracts in less than 3 minutes. Legalbook's vision is to futurize the contract process using AI, from Drafting, Review, Negotiation Support, to Execution of Contracts, along with advanced features such as Deal Room and Sensitivity Analysis.
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LegalGraph
LegalGraph serves as an AI-driven solution for contract analysis, enabling both legal and non-legal experts to efficiently review intricate legal documents and obtain essential information from lengthy agreements, ultimately conserving time and resources. In an environment where law firms and corporate legal teams face relentless demands from strict deadlines and substantial workloads, the traditional method of manually reviewing contracts—a necessary yet labor-intensive process—can detract from time that could be better allocated to strategic endeavors. By functioning as a smart ally, LegalGraph utilizes artificial intelligence to enhance the contract review process, allowing legal practitioners to redirect their efforts toward more valuable and impactful activities. This innovative approach not only increases efficiency but also enhances the overall productivity of legal teams.
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Company Details
Company:
Klarity
Year Founded:
2017
Headquarters:
United States
Website:
www.tryklarity.com
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Product Details
Platforms
Web-Based
Customer Support
Online Support
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