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Ratings and Reviews 0 Ratings
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What is symplr Contract?
Manage both active and historical contracts, covering aspects such as terms, approvals, and expiration timelines for physicians, BAAs, vendors, materials, lease agreements, and other relevant categories. Healthcare organizations frequently handle vast numbers of contracts and subscriptions concurrently, each necessitating individual negotiations, approvals, and adherence to compliance requirements. Without a cohesive, automated system in place, these organizations often struggle to achieve a holistic understanding of their contract portfolios, which can lead to potential compliance risks and contract mismanagement. The method of contract management within the healthcare industry is markedly distinct from that in other sectors, underscoring the need for a tailored solution that reduces risks and optimizes resource usage, ensuring that no possible revenue goes unnoticed. symplr Contract provides the essential tools, insights, and governance needed for effective contract lifecycle management throughout the organization. By adopting such a solution, healthcare systems can not only bolster their operational efficiency but also protect their financial interests against unexpected challenges, paving the way for improved contract oversight and strategic decision-making. This proactive approach ultimately translates into better service delivery and enhanced patient care.
What is ContractAI?
ContractAI utilizes advanced artificial intelligence to transform the contract management arena, significantly improving the ways in which contracts are analyzed, created, and negotiated. By automatically evaluating past contracts, it produces templates that incorporate terms beneficial to both parties. Its Analyzer tool leverages AI to define negotiation parameters, evaluate legal and compliance implications, identify intent behind obligations, and set acceptable limits, enabling users to make well-informed decisions in their contracting processes. Furthermore, ContractAI simplifies the traditionally cumbersome redlining phase by offering suppliers thoughtfully selected clause alternatives that promote win-win outcomes. This forward-thinking platform empowers businesses to refine negotiation terms grounded in historical data, effectively reducing the risks linked to unfavorable agreements. In addition, vendors can easily choose viable alternative terms, which leads to a significant reduction in legal and procedural costs associated with contracting while benefiting from an AI-based scoring system that enhances efficiency. This streamlined methodology not only improves individual negotiations but also cultivates a more cooperative atmosphere between all involved parties, ultimately boosting the overall success of contract management strategies. As such, ContractAI is paving the way for a future where contract processes are faster, more transparent, and more beneficial for everyone involved.
Integrations Supported
Microsoft Word
PowerPoint
SAP Store
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
symplr
Company Location
United States
Company Website
www.symplr.com/products/symplr-contract
Company Facts
Organization Name
App Orchid
Date Founded
2013
Company Location
United States
Company Website
contractai.apporchid.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