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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 Contract Wrangler?

Our Contract Performance Platform efficiently extracts commercial terms from agreements and translates them into validated information that enhances business outcomes. With Contract Wrangler, you gain transparency into all contract provisions, delivering insights that can influence cash flow and overall productivity. This tool enables you to review agreed-upon terms, assess their impact on your operations, and maintain a self-updating database without concern. Additionally, our legal experts ensure that every date-driven event and relevant term is accurately captured. Enjoy unlimited access to a comprehensive searchable database filled with contract details, insights, milestones, and additional information. By utilizing native integrations, we enhance enterprise workflows and keep relevant parties informed. Transform intricate contract data into an intuitive dashboard displaying date-driven milestones, events, and obligations. Furthermore, you will receive proactive notifications ahead of significant events, such as the auto-renewal or cancellation of a vendor contract, helping you avoid unnecessary expenses. This proactive approach ensures that you stay on top of critical contract milestones.

Media

Media

Integrations Supported

Salesforce
Amazon WorkDocs
NetSuite
Oracle Fusion Cloud ERP
SAP ERP
Workday Financial Management

Integrations Supported

Salesforce
Box
Docusign
Dropbox
Google Drive
Microsoft OneDrive
Microsoft SharePoint
PandaDoc

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Online Training

Company Facts

Organization Name

Klarity

Date Founded

2017

Company Location

United States

Company Website

www.tryklarity.com

Company Facts

Organization Name

Contract Wrangler

Date Founded

2016

Company Location

United States

Company Website

www.contractwrangler.com

Categories and Features

AI Accounting

Not specified

AI Contract Review

Not specified

AI Legal

Not specified

Contract Analysis

Not specified

Data Extraction

Not specified

Categories and Features

Contract Analysis

Not specified

Document Management

Not specified

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