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What is Ultria Orbit?

For more than a decade, the Ultria Team has dedicated itself to applying Practical Artificial Intelligence to improve Information Governance for prominent global businesses. The inception of Ultria's AI-focused strategy for contract management arose from the urgent needs of clients who handle upwards of one million contract line items each year, while others seek support in assessing supply chain risks or evaluating customer orders during mergers and acquisitions. As the regulatory environment becomes increasingly complex and geopolitical tensions evolve, there is a rising need for accurate metadata extraction, reliable clause matching, and thorough risk assessment. This pressing demand led to the creation of a specialized AI element within Ultria’s offerings. This component not only integrates effortlessly with Ultria's Contract Lifecycle Management (CLM) solution but is also crafted to function independently for organizations that do not have a CLM system implemented yet. Ultria Orbit provides a strategic flexibility in its deployment, facilitating a smooth adaptation for companies to meet their unique contract management needs and challenges. By leveraging this pioneering solution, organizations can enhance their ability to handle the intricacies of contract management, ultimately leading to improved operational efficiency and precision in their processes. Consequently, Ultria stands as a beacon for businesses aiming to optimize their governance in the ever-evolving landscape of contract management.

What is ThoughtRiver?

ThoughtRiver's innovative automated platform for contract review has the potential to transform your contract management practices significantly. By automating risk assessment and facilitating AI-driven remediation, our technology simplifies the contracting process, eliminating the need to painstakingly examine every clause for crucial information. Instead, ThoughtRiver efficiently analyzes contracts and offers valuable legal insights. This solution not only enhances lawyers' productivity but also tackles a major concern for CEOs: accelerating the pace of deals. With our platform, organizations can expedite their contracting procedures, resulting in faster contract signings and quicker revenue generation through smart pre-screening of contracts. Experience the transformation by joining the numerous satisfied legal firms and service providers that have already optimized their contracting workflows with ThoughtRiver. Embrace the future of contract management today and witness the impact on your organization’s efficiency.

Media

Media

Integrations Supported

Integrations Supported

HighQ
Microsoft Word

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Volume based pricing
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Not specified

Company Facts

Organization Name

Ultria

Company Location

United States

Company Website

ultria.com/products/artificial-intelligence-powered-contract-management-ultria-orbit/

Company Facts

Organization Name

ThoughtRiver

Date Founded

2013

Company Location

United Kingdom

Company Website

www.thoughtriver.com

Categories and Features

Categories and Features

AI Contract Review

Not specified

AI Legal

Not specified

Contract Analysis

Not specified

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Legal Document Management

Access Controls
Archiving & Retention
Contract Management
Document Indexing
Document Tagging
Version Control

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