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What is Klara?

Klara functions as an intelligent agent for contract evaluation and compliance at Kanerika, adeptly retrieving contracts and documents from your existing document management systems, such as SharePoint, while ensuring that any personally identifiable information is appropriately masked before conducting a thorough analysis. It carefully assesses each contract clause against your organization’s guidelines, pinpointing any discrepancies in essential terms like indemnity, termination, audit rights, and data ownership, while also providing a confidence score for each identified issue. In addition, Klara creates redline language that is consistent with your playbook for any clauses that require attention, which are then subject to review by a human for final validation. Moreover, all findings, decisions, and exceptions are meticulously documented to establish a comprehensive audit trail, and the judgments made by reviewers are fed back into the system, thereby improving the precision and effectiveness of subsequent contract assessments. This ongoing feedback mechanism not only enhances the overall review process but also ensures that compliance is upheld and that your organization’s standards are consistently met, resulting in a more reliable and efficient workflow. Ultimately, Klara represents a significant advancement in the way organizations manage their contractual obligations and compliance efforts.

What is Contractzy?

Contractzy stands out as a groundbreaking platform that employs advanced artificial intelligence to streamline every phase of the Contract Lifecycle Management (CLM) process, allowing companies to draft, negotiate, sign, store, and track contracts seamlessly in one integrated environment. By implementing intelligent automation, it revolutionizes the contracting experience, significantly reducing manual labor, eliminating barriers, and accelerating approval timelines. Users gain access to the ability to create contracts using customized templates, intuitive intake forms, adaptable fields, and a robust editor that fosters real-time collaboration and version management. The platform includes a CORA AI assistant that diligently reviews contracts to identify potential risks, compliance issues, and other concerns, while also generating succinct summaries and extracting critical information from PDFs, images, and scanned documents. Furthermore, its AI-powered obligation management system proficiently pinpoints essential deliverables, payment commitments, milestones, renewal terms, and compliance requirements, offering timely notifications to prevent missed deadlines. This all-encompassing strategy not only streamlines contract management for businesses but also significantly boosts their overall operational efficiency, making it an invaluable tool in today’s fast-paced market. Ultimately, Contractzy empowers organizations to navigate the complexities of contract management with confidence and ease.

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Integrations Supported

Integrations Supported

Google Drive
HubSpot CRM
Jira
Oracle Cloud Infrastructure
Salesforce
Slack
Zoho CRM

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$40 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Kanerika

Date Founded

2015

Company Location

United States

Company Website

kanerika.com

Company Facts

Organization Name

Contractzy

Date Founded

2018

Company Location

India

Company Website

www.contractzy.io

Categories and Features

AI Contract Review

Not specified

Contract Analysis

Not specified

Categories and Features

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