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What is SimpliContract?
Key Advantages:
- Accelerated Revenue Generation:
Experience a significant 40% decrease in the time required for contract creation, leading to faster revenue realization as only 18% of the sales cycle is allocated to contracting.
- Cost Savings:
Minimize revenue leakage, which can account for 9% of profits, while achieving a streamlined expenditure with a reduction of 10-12% in costs.
- Enhanced Compliance:
Lower risk exposure, representing 2% of yearly expenses, complemented by real-time insights into contracts that bolster compliance efforts.
- Comprehensive CLM Solution:
Utilize a single platform that seamlessly integrates the functions of legal, sales, and procurement teams.
- Rapid Implementation:
Achieve a simplified contracting process across the organization in a mere three months.
Features:
• Tailored functionalities designed to address the distinct needs of both the buying and selling aspects of contracts.
• Sophisticated Reporting Capabilities.
• Management of contract authoring, templates, and clause libraries.
• AI-driven (NLP) contract analysis, metadata extraction, and advanced search features.
• A centralized contract repository alongside efficient document management.
• Streamlined collaboration and approval processes for contracts.
• Monitoring of contract milestones and obligations.
• Effective management of renewals and expirations for contracts.
• Centralized desk for controlled access to essential data.
• Compatibility and integration with various enterprise systems for enhanced efficiency.
This comprehensive approach ensures not only cost savings but also a smoother contracting process across all departments involved.
What is Evisort?
Evisort, an innovative contract management software driven by artificial intelligence, is pioneering in delivering insights into every document. By leveraging AI, it not only mitigates risks but also accelerates the examination of contracts with precision. This platform enhances operational workflows and fosters improved teamwork among users. It accommodates over 230 types of contracts while effortlessly extracting more than 50 clauses and relevant metadata right from the start. Having processed over 10 million contracts, it has the ability to analyze documents in under a minute, all while monitoring more than 1 billion data points. Evisort AI Labs conducts research in Natural Language Processing (NLP) and computer vision technologies, creating sophisticated algorithms that utilize cutting-edge artificial intelligence to automate tasks such as search and data collection. This ensures that users can always locate the information they require from their contracts whenever necessary. Evisort not only streamlines contract management but also enhances accountability in workflows and provides comprehensive visibility into documents across various business teams, ultimately leading to improved operational efficiency. Furthermore, the platform continues to evolve, adapting to the changing needs of its users and the market landscape.
Integrations Supported
Adobe Acrobat Sign
Docusign
Salesforce
Box
Coupa
Dropbox
Gmail
Google Drive
Google Workspace
Microsoft Dynamics 365
Integrations Supported
Adobe Acrobat Sign
Docusign
Salesforce
Box
Coupa
Dropbox
Gmail
Google Drive
Google Workspace
Microsoft Dynamics 365
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
SimpliContract
Date Founded
2020
Company Location
United States
Company Website
simplicontract.com
Company Facts
Organization Name
Evisort
Date Founded
2016
Company Location
United States
Company Website
evisort.com
Categories and Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management
Categories and Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management