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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 Imprima AI?

Quickly obtain in-depth insights into any agreement and boost your comprehension by leveraging Smart Summaries, which automatically highlight critical information. The process of examining contracts and spotting potential concerns has been simplified with Smart Review, designed for immediate use without requiring any technical expertise. Furthermore, sensitive files in your virtual data room can be automatically masked using either predefined or custom regular expressions, guaranteeing that your transactions are conducted with the highest level of security in the foremost virtual data room solution. With Smart Index, you can seamlessly categorize and arrange your data room files, addressing one of the most daunting challenges of vendor due diligence: organizing and structuring large volumes of documentation before uploading. This often time-sensitive task, which is repetitive and prone to human error, makes the case for automation even more compelling. By adopting these cutting-edge tools, you not only enhance your operational efficiency but also considerably mitigate the risks that come with manual document management, paving the way for a more secure and organized approach to handling important agreements. Embracing these advancements represents a significant step forward in optimizing your document processing capabilities.

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

€250 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Kanerika

Date Founded

2015

Company Location

United States

Company Website

kanerika.com

Company Facts

Organization Name

Imprima

Date Founded

2014

Company Location

United Kingdom

Company Website

www.imprima.com

Categories and Features

AI Contract Review

Not specified

Contract Analysis

Not specified

Categories and Features

AI Contract Review

Not specified

AI Redaction

Not specified

Contract Analysis

Not specified

Contract Management

Not specified

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