Onit Catalyst for Contracts Description
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.
Onit Catalyst for Contracts Alternatives
Fynk
Fynk, an advanced contract management tool, is designed to streamline contract lifecycles and improve collaboration for organizations of any size. Fynk's intuitive browser-based editor and live collaboration tools allow teams to draft, discuss, and finalize contract with ease.
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Outlit
Outlit can identify risk, negotiate prices, check compliance, and close deals without waiting for legal. Outlit's AI agents can do all the heavy-lifting. AI agents can be used to analyze risks, negotiate pricing, ensure compliance, and much more. Receive suggested revisions based upon your company's guidelines in order to complete deals quickly and accurately. Send contracts to speed up the approval process. Search in a new and innovative way. Outlit can compare and find any clause, price or term across all of your contracts. Custom agents for contract workflows. Create contract guidelines using your previously approved contracts, or ours. Create templates and contracts for any business requirement in just a few simple clicks. Outlit is used by many startups and large enterprises to make the most of their contracts. Our AI agents help sales teams to close more deals by speeding up the contract review process.
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Avvoka
Avvoka is an automation, negotiation, and analytics tool that helps law firms, in-house lawyers, and businesses of all sizes to create documents, negotiate them, and use data insights from that process, to draft better documents and get to "yes" quicker.
Avvoka allows you to quickly create automated versions of complex documents, unlike legacy tools. This means that Word documents no longer require complicated coding. Customers can quickly reach an agreement by working with colleagues in real time and negotiating via the Avvoka online platform.
Avvoka also offers sophisticated reporting tools that enable businesses to monitor pushback against standard contract clauses, track key terms commercial terms, and compare individual negotiators' performance.
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Lexion
Lexion integrates and synchronizes contracts across your systems to create a single source for truth. It is tedious and slow to manually track vital information. Lexion's AI finds the information you need automatically and gives you tools for verification. Reduce time spent on manual review, data entry and common contract questions. To assess compliance, pull up reports. Prepare for audits, financing, or M&A. You should have plenty of notice to cancel or renegotiate contracts. Our white-glove Onboarding provides a fully organized repository for contracts with key terms populated by Lexion’s AI. From the ground up, Lexion is designed with enterprise security, performance, SLA requirements, and enterprise security. Lexion was developed at an acclaimed AI research institute and is funded by a prominent venture fund. Our team is a proven success story in building innovative companies and cutting-edge AI products. We also have the ability to create productivity applications that people want and love.
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Integrations
Company Details
Company:
Onit
Year Founded:
2011
Headquarters:
United States
Website:
www.onit.com/catalystforcontracts/
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Product Details
Platforms
SaaS
Type of Training
Documentation
Live Online
Webinars
Videos
Customer Support
Phone Support
Online
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