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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 Heretik?

Heretik is designed to provide clients with a comprehensive toolkit that streamlines the management of large-scale document review projects within a unified and adaptable framework. The quest for genuinely structured contract data is complex and requires an effective combination of machine learning alongside a superior document review process. This essential feature has long been missing from the contract review industry but has experienced significant progress in the realm of eDiscovery, with Relativity at the forefront of these developments. As the only contract review solution that is seamlessly integrated with a top-tier document review platform, Heretik distinguishes itself through its outstanding security, scalability, and configurability attributes. Identifying contracts that are nearing renewal in the upcoming six months should be effortlessly accomplished, whether by clicking on a pie chart or applying various filters to a list. Simply depending on analytics tools that only emphasize text blocks in a contract fails to provide the necessary depth of understanding, highlighting the need for more advanced solutions. Consequently, Heretik not only improves the efficiency of the review process but also revolutionizes the way clients engage with their contract data, paving the way for more informed decision-making and strategic planning. In this way, Heretik signifies a pivotal shift in contract management by delivering insights that were previously hard to obtain.

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Integrations Supported

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Integrations Supported

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API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard 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

Heretik

Date Founded

2015

Company Location

United States

Company Website

www.heretik.com

Categories and Features

AI Contract Review

Not specified

Contract Analysis

Not specified

Categories and Features

Contract Analysis

Not specified

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