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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.

Media

Media

Integrations Supported

Microsoft PowerPoint
Microsoft Word
SAP Store

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

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