What is Docskiff Smart Contract Analytics?

Smart Contract Analytics (SCA) is an advanced platform dedicated to Contract Discovery and Analytics, harnessing the power of Artificial Intelligence and Machine Learning to provide users with a holistic overview of contracts and related documents. This innovative platform enables organizations to extract, assess, and analyze vital information, thereby facilitating informed decision-making processes.

The product boasts several key features, including the use of NLP and deep learning techniques to efficiently extract metadata. Additionally, users can export data to Excel or other preferred formats and seamlessly integrate it into any CLM or downstream system. The ability to develop dynamic machine learning models tailored to specific contract types enhances its analytical capabilities. Moreover, the platform is equipped with adapters that connect to various data sources, allowing the retrieval of legacy documents from locations such as FTP, Google Drive, SharePoint, Dropbox, and S3. It also categorizes contracts by type—such as MSA, NDA, or SOW—ensuring streamlined organization. Lastly, its document OCR functionality allows for the conversion of images, PDFs, and scanned documents into editable text, further enhancing accessibility and usability. This combination of features makes SCA an invaluable tool for organizations aiming to optimize their contract management processes.

Pricing

Free Trial Offered?:
Yes

Screenshots and Video

Company Facts

Company Name:
Standav Corp
Date Founded:
2009
Company Location:
United States
Company Website:
www.docskiff.ai
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Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
On-Site Training
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Government
Startup
Supported Languages
English
German
Spanish

Docskiff Smart Contract Analytics Categories and Features

eDiscovery Software

Case Analytics
Compliance Management
Discussion Threads
Document Indexing
Document Tracking
Full Text Extraction
Keyword Search
Metadata Extraction
Topic Clustering

Docskiff Smart Contract Analytics Customer Reviews

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  • Reviewer Name: A Verified Reviewer
    Position: Contract Admin
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 500 - 999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    AI powered Data Extraction & Migration tool

    Date: Feb 06 2021
    Summary

    Overall, this is a matured platform with easy to use interface and designed keeping in mind the business users. It's magical to see how the data can be extracted that provides cost efficiencies.

    Positive

    Integrated platform to convert scanned docs to digital through OCR.
    Accurate extraction of common metadata fields that are useful in day to day operations.
    Intuitive User Interface and little to no learning curve.
    Excellent customer support and quick response.

    Negative

    The lead times to train the meta fields can be reduced.
    More useful dashboards and this can be improved.

    Read More...
  • Reviewer Name: Sudheer S.
    Position: CEO
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    AI powered contract analytics

    Updated: Apr 23 2020
    Summary

    It is a great SaaS based tool for corporate and legal departments for in depth understanding of their contracts, review of their contracts to help them with higher levels of compliance, reduced risk and improved opportunities.

    Positive

    This platform has very good and in depth search functionality for keywords, clauses, phrases and one can add several smart tags to contracts to easily find based on tags. Also it has a smart semantic search powered by NLP to show terms related to the keyword you are looking for. Another great feature is the intelligent comparison of two contracts and see visually the deviations.

    Negative

    Their contract drafting module is currently being developed

    Read More...
    1 user found this review useful.
  • Reviewer Name: Vikram .
    Position:
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Review of contracts made easy with AI

    Date: Jul 23 2020
    Summary

    Smart Contract Analytics tool helps automate contract review.
    Helps us to search your contracts with in seconds with clauses, phrases and meta fields across your contract repository.

    Positive

    You can search deeper in your contracts for keywords, clauses and contract terms.

    And can compare your contracts and clauses from standard templates or another executed contracts from your contract repository.

    Negative

    There are no cons with this tool.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Digital Marketing
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Easy to use

    Date: Apr 24 2020
    Summary

    Suggested and recommended, please go the services and check.

    Positive

    Best Contract Analytics, and I suggested my friends, they will provide good support and price & work is complete different.

    Negative

    Nothing is there, best services they will provide.

    Read More...
  • Reviewer Name: RaviRaja G.
    Position: Research Analyst
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Quick and Easy to Use

    Date: Jul 22 2020
    Summary

    Smart Contract Analytics controls & understands the risks & obligations related to business contracts. It Compares executed contracts and clauses across different contracts with variance analysis.

    Extracting meta data from any type of documents (PDF, images, Unsearchable PDFs, Word, Text etc.) are some of the better options that are provided in this.

    Positive

    Ability to review and compare two executed documents before final signatures.

    Negotiate better terms based on historical data.

    Negative

    There is only limited data handling in the trial version.

    Read More...
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