Ratings and Reviews 0 Ratings
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 Akeron Recurring Contracts Management?
Manage the complete lifecycle of various contracts that entail recurring payments, including rental agreements, leases, outsourcing arrangements, concessions, subscriptions, and consulting services. Gather all relevant information and documentation into a centralized shared repository while consistently monitoring all timelines and obligations. Improve the calculation of financial impacts and accounting consequences, while enabling efficient risk assessments and complying with IFRS16 standards. Simplify the integration process by quickly and effectively connecting to your existing ERP, CRM, CPM, or HCM systems using high-quality technology solutions. Oversee both active and dormant contracts linked to your key assets in an organized and transparent manner. Take care of all accounting and administrative tasks through seamless integration into current financial workflows. Accurately assess recurring property taxes and proactively manage condominium duties for multiple locations, ensuring thorough oversight of all aspects of your contractual responsibilities. This comprehensive strategy not only enhances visibility and governance over financial obligations but also fosters improved decision-making and strategic planning for future endeavors. Ultimately, the focus on integration and management leads to a more streamlined operational process.
Integrations Supported
Microsoft PowerPoint
Microsoft Word
SAP Store
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
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
Akeron
Date Founded
1987
Company Location
Italy
Company Website
akeron.com/recurring-contracts-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
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