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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Addressing contract-related challenges on a worldwide scale is essential. By curbing unnecessary expenditures in both governmental and corporate sectors, we can significantly improve efficiency. The integration of AI technology is set to revolutionize the management of B2B and B2C contracts. Users can upload contracts and store them securely while facilitating customer signatures through integrated Know Your Customer (KYC) processes. The system utilized by BLOCKTRACTS records transaction information on the blockchain, enhancing transparency and traceability. Each modification made is distinctly marked, and the actual contract document is safely kept on IPFS. This innovative dual-storage system safeguards against miscommunications and fraudulent alterations, maintaining an immutable history of contracts. Furthermore, contracts are backed up on highly secure servers located in Germany, the USA, and Singapore, allowing for secure attorney access to provide necessary legal oversight and assistance. By blending blockchain technology with artificial intelligence, BLOCKTRACTS transforms the landscape of contract management, ensuring a secure, transparent, and efficient process for creating and enforcing contracts. This advancement in contract handling fosters trust and accountability between all parties involved.

Description

Open Contract Manager (OCM), built on the Alfresco platform, is an open-source solution focused on contract management that enables organizations to draft, assess, supervise, and finalize agreements with their vendors and suppliers. This versatile solution can be deployed either on the Cloud, utilizing Alfresco's usage-based pricing, or on-premises through an Alfresco Enterprise Edition subscription, providing businesses with the scalability and flexibility they need. For a prominent bank in Singapore, we developed a tailored Contract Management and Procurement system that significantly enhanced operational efficiency by integrating tax and legal frameworks from over five Asian countries, offering support in three languages, and achieving a remarkable 70% reduction in total cost of ownership compared to proprietary technology solutions. In addition, we successfully migrated more than 5000 legacy contracts using an automated migration tool. Our clients have seen substantial benefits from our knowledge and experience, as detailed in our comprehensive literature. We also maintain a library of components, frameworks, and products designed to facilitate quicker deployments, ensuring that organizations can quickly adapt to their contract management needs. Through these resources, we aim to empower businesses to streamline their contract processes and improve overall effectiveness.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Arbitrum Yes 
Crunchbase Yes 
OpenAI Yes 

Integrations

Arbitrum No 
Crunchbase No 
OpenAI No 

Pricing Details

$328 per month
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises Yes 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

BLOCKTRACTS

Founded

2024

Country

United States

Website

blocktracts.ai/

Vendor Details

Company Name

CIGNEX

Founded

2000

Country

United States

Website

www.cignex.com

Product Features

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking No 
Contract Lifecycle Management No 
Electronic Signature No 
Full Text Search No 
Government Contracts No 
Pre-built Templates No 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control No 
Workflow Management No 

Product Features

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking No 
Contract Lifecycle Management Yes 
Electronic Signature Yes 
Full Text Search Yes 
Government Contracts Yes 
Pre-built Templates Yes 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control Yes 
Workflow Management Yes 

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