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Average Ratings 0 Ratings

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ease
features
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support

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Write a Review

Description

ContractAI harnesses the power of artificial intelligence to revolutionize the contracting landscape, significantly enhancing the processes of contract analysis, creation, and negotiation. By automatically processing and examining historical contracts, ContractAI generates templates that reflect mutually beneficial terms. Its Analyzer application employs AI technology to clarify negotiation boundaries, assess legal and compliance ramifications, discern obligation intents, and establish permissible limits, empowering users to make informed contracting choices. Moreover, ContractAI alleviates the burdensome redlining process by providing suppliers with carefully curated win-win clause alternatives. This innovative platform allows enterprises to optimize negotiation terms based on historical insights, thereby mitigating the risks associated with unfavorable terms and conditions. Furthermore, vendors can effortlessly select acceptable alternative terms, leading to a notable decrease in the legal and procedural costs of contracting, all while leveraging an AI-driven scoring mechanism for efficiency. Additionally, this streamlined approach fosters a more collaborative environment between parties, ultimately enhancing the overall effectiveness of contract management.

Description

Contriqo, developed by Perfomir, is an innovative platform that leverages AI technology for the evaluation of contracts and the assessment of contractual risks, specifically tailored for teams involved in construction and infrastructure projects. This solution assists various stakeholders, including commercial, project, contract, legal, risk management, and executive teams, in meticulously reviewing contract documents to identify risks at the clause level, comprehend notice obligations, and uncover potential pathways for claims before they become problematic during project execution. Contriqo offers capabilities for both pre-award contract assessments and ongoing risk management during the delivery phase. Users can seamlessly upload contracts, obtain organized insights about risks, assess key obligations, track contractual happenings, and utilize executive dashboards that emphasize high-priority risks, themes of commercial exposure, and critical issues that need addressing. The platform is especially beneficial for professionals such as construction contractors, infrastructure asset owners, consultants, project directors, commercial managers, contract managers, and teams focused on legal and risk management, making it an essential tool in their operational arsenal. By integrating this technology into their workflows, organizations can enhance their decision-making processes and ultimately improve project outcomes.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Microsoft PowerPoint Yes 
Microsoft Word Yes 
SAP Store Yes 

Integrations

Microsoft PowerPoint No 
Microsoft Word No 
SAP Store No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$1,490/year
Free Trial No 
Free Version Yes 

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 No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

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

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

App Orchid

Founded

2013

Country

United States

Website

contractai.apporchid.com

Vendor Details

Company Name

Perfomir

Founded

2024

Country

Australia

Website

perfomir.com.au

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 

Alternatives

Alternatives

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