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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 Ivo?

Optimize your contract negotiation process by minimizing time, effort, and costs involved. Experience unparalleled efficiency with cutting-edge AI-driven contract review software. Leverage the Ivo checklist to assess agreements tailored to your specific requirements, seamlessly integrating AI-generated comments and redlines directly into your Microsoft Word documents. Ivo is built to align with the unique legal language and procedures of your organization, offering personalized reviews that cater to your needs. Uncover potential contract issues, generate issue lists, summarize key findings, and pinpoint any undefined terms that may be overlooked. Operating as an add-in for Microsoft Word, Ivo also supports Google Docs and PDF formats. Boost your productivity with intelligent redline suggestions and manage risks effectively by creating dynamic, customizable issue lists at the click of a button. Ivo places a high priority on the security and confidentiality of your contracts, reinforcing this commitment through the attainment of prestigious security certifications recognized throughout the industry. With Ivo integrated into your workflow, you can concentrate on strategic initiatives while it expertly manages the complexities of contract oversight. This innovative tool not only enhances efficiency but also empowers teams to work more collaboratively and effectively on contract-related tasks.

Media

Media

Integrations Supported

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

Integrations Supported

Adobe PDF Services API
Azure OpenAI Service
Google Docs
Microsoft Azure
Microsoft Word

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

Documentation Hub
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

Ivo.ai

Company Location

United States

Company Website

www.ivo.ai/

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

AI Contract Review

Not specified

AI Legal

Not specified

Contract Analysis

Not specified

Legal

Not specified

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