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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 Atamis CM?

Atamis CM is integral to our all-encompassing procurement solution, functioning as the primary Contract Management System. For those still using spreadsheets and emails for contract management, or seeking to minimize errors and boost efficiency, Atamis CM offers a centralized contract register that fosters a more efficient working atmosphere. Many clients have opted for this module as their first move towards a substantial shift in procurement practices. By utilizing Atamis CM, your procurement department can project a refined and professional image, raising awareness of critical contracts within the organization while ensuring compliance with both supply-side contractual obligations and internal corporate policies. Furthermore, this system simplifies the retrieval and updating of essential contract information and documents, encourages better contract utilization, and reduces the risks and inefficiencies associated with managing data across multiple platforms. This tool not only makes contract management more straightforward but also equips your organization with the insight needed to make confident, informed decisions. In doing so, it ultimately transforms the way contracts are handled, enhancing overall operational effectiveness.

Media

Media

Integrations Supported

Microsoft PowerPoint
Microsoft Word
SAP Store

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

App Orchid

Date Founded

2013

Company Location

United States

Company Website

contractai.apporchid.com

Company Facts

Organization Name

Atamis

Date Founded

2009

Company Location

United Kingdom

Company Website

www.atamis.co.uk

Categories and Features

Categories and Features

Contract Management

Buy Side (Suppliers)
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Pre-built Templates
Sell Side (Customers)
Workflow Management

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