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What is Contriqo by Perfomir?

Contriqo, created by Perfomir, represents a cutting-edge platform that utilizes artificial intelligence to analyze contracts and assess associated risks, specifically designed for teams working on construction and infrastructure initiatives. This tool aids a variety of stakeholders, including those in commercial, project, legal, risk management, and executive roles, in thoroughly examining contract documents to pinpoint risks at the clause level, understand notice requirements, and reveal potential claim avenues before they escalate into issues during project execution. Contriqo provides functionalities for both pre-award contract evaluations and continuous risk oversight throughout the project delivery phase. Users can effortlessly upload contracts, gain structured insights regarding risks, evaluate key obligations, monitor contractual events, and employ executive dashboards that highlight significant risks, patterns of commercial exposure, and urgent concerns that require attention. The platform proves particularly advantageous for professionals such as construction contractors, infrastructure asset owners, consultants, project directors, commercial managers, contract managers, and legal and risk management teams, establishing itself as a vital resource in their operational toolkit. By incorporating this advanced technology into their workflows, organizations can not only refine their decision-making processes but also enhance overall project outcomes, ensuring that potential issues are addressed proactively rather than reactively. As a result, Contriqo fosters a more efficient and risk-aware environment in the management of construction and infrastructure contracts.

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.

Media

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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

$1,490/year
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

Perfomir

Date Founded

2024

Company Location

Australia

Company Website

perfomir.com.au

Company Facts

Organization Name

App Orchid

Date Founded

2013

Company Location

United States

Company Website

contractai.apporchid.com

Categories and Features

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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