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Ratings and Reviews 0 Ratings
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What is ContractAI?
ContractAI utilizes advanced artificial intelligence to transform the contract management arena, significantly improving the ways in which contracts are analyzed, created, and negotiated. By automatically evaluating past contracts, it produces templates that incorporate terms beneficial to both parties. Its Analyzer tool leverages AI to define negotiation parameters, evaluate legal and compliance implications, identify intent behind obligations, and set acceptable limits, enabling users to make well-informed decisions in their contracting processes. Furthermore, ContractAI simplifies the traditionally cumbersome redlining phase by offering suppliers thoughtfully selected clause alternatives that promote win-win outcomes. This forward-thinking platform empowers businesses to refine negotiation terms grounded in historical data, effectively reducing the risks linked to unfavorable agreements. In addition, vendors can easily choose viable alternative terms, which leads to a significant reduction in legal and procedural costs associated with contracting while benefiting from an AI-based scoring system that enhances efficiency. This streamlined methodology not only improves individual negotiations but also cultivates a more cooperative atmosphere between all involved parties, ultimately boosting the overall success of contract management strategies. As such, ContractAI is paving the way for a future where contract processes are faster, more transparent, and more beneficial for everyone involved.
What is AXDRAFT?
Introducing a comprehensive contract management solution that is fully automated and mobile-friendly, featuring legal templates that empower you to create, approve, sign, and store your ideal contracts seamlessly.
Lacking an effective Contract Lifecycle Management (CLM) system can lead to convoluted workflows, with documents dispersed across various standalone applications, leaving legal professionals overwhelmed by continuous contract review and upkeep. This situation may result in unwanted contract renewals, lost opportunities, unfulfilled obligations, and subpar legal results.
AXDRAFT enhances transparency within your operations, optimizing workflows throughout every phase of the contract lifecycle. Our platform effectively replaces multiple tools, including:
- MS Word for drafting
- A template library
- Manual redlining
- Email communication
- Task management systems
- Cloud storage solutions
- eSignature capabilities
- Analytics tools
What sets AXDRAFT apart is its customizability; you can tailor the platform by incorporating the features that best suit your workflow and seamlessly integrate it with your existing tools. Moreover, you only incur costs for the features you actively utilize, ensuring maximum efficiency without unnecessary expenses. In essence, AXDRAFT not only simplifies contract management but also enhances overall productivity and performance.
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
$600 per month
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
App Orchid
Date Founded
2013
Company Location
United States
Company Website
contractai.apporchid.com
Company Facts
Organization Name
AXDRAFT
Date Founded
2017
Company Location
Ukraine
Company Website
axdraft.com
Categories and Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management
Categories and Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management