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What is Klarity?

The manual examination of customer contracts to assess their impact on revenue accounting can be both lengthy and arduous. Accountants often find themselves dedicating numerous hours to generate and fill out new contract review lists, which include essential details like metadata, dates, fees, and atypical terms. This significant investment of time could instead be allocated towards enhancing innovative processes. Klarity steps in to streamline this entire procedure by automating it. The platform automatically generates a checklist for the thorough review of all contracts, incorporating every tool needed for contract assessment and delivering notifications, accounting implications, annotations, along with an automated workflow. By utilizing Klarity, organizations can redirect their efforts toward creating strategic value, emphasizing analysis and audit documentation instead of getting bogged down in monotonous manual tasks. For a more efficient contract review experience and an expedited month-end closing, users can set up tailored workflows for both first- and second-level reviewers, ultimately enhancing productivity and accuracy in the process. This not only saves time but also ensures that teams can focus on more critical aspects of their operations.

What is August?

August functions as an all-encompassing legal AI platform designed to support law firms in streamlining vital workflows and boosting operational productivity by merging drafting, review, collaboration, and business processes into a single, unified interface. This cutting-edge tool enables lawyers to create, review, redline, and manage documents through AI that is tailored to fit each firm's specific precedents, templates, and style preferences, thereby ensuring that all outcomes align with established legal standards. A standout feature is its tabular document review capability, which efficiently extracts and compares essential data from large volumes of files, complemented by AI-assisted clause drafting that allows users to modify and refine contracts directly in widely used software such as Microsoft Word. Additionally, it includes an intelligent assistant that can address questions across various documents, summarize content while offering references, and generate client-appropriate communication materials, greatly reducing the time attorneys spend on research and preliminary reviews. By incorporating these advanced functionalities, August not only optimizes workflows but also significantly increases the productivity of legal teams, allowing them to focus on more strategic tasks. Ultimately, this innovative platform transforms the way legal professionals operate, setting a new standard for efficiency in the legal industry.

Media

Media

Integrations Supported

Amazon WorkDocs
Microsoft Outlook
Microsoft SharePoint
Microsoft Word
NetDocuments
NetSuite
Oracle Fusion Cloud ERP
SAP ERP
Salesforce
Workday Financial Management

Integrations Supported

Amazon WorkDocs
Microsoft Outlook
Microsoft SharePoint
Microsoft Word
NetDocuments
NetSuite
Oracle Fusion Cloud ERP
SAP ERP
Salesforce
Workday Financial Management

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

Klarity

Date Founded

2017

Company Location

United States

Company Website

www.tryklarity.com

Company Facts

Organization Name

August Law

Company Location

United States

Company Website

www.august.law/

Categories and Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Categories and Features

Legal Research

AI / Machine Learning
Annotations
Brief Analytics
Case Alerts
Case Law Research
Change Tracking
Data Visualization
Filtering
Query Suggestions
Search History
Self-Service Search
Statutes Research
Tax Law Research
Third-Party Analysis Integration

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