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Average Ratings 0 Ratings

Total
ease
features
design
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

ThoughtRiver's automated platform for contract review can revolutionize your contract management process. Our technology streamlines contracting by automating risk assessment, AI-guided remediation and the automation of legal contracts. It's no longer necessary to read through entire contracts to find the key areas of interest. ThoughtRiver reviews contracts and provides legal advice. ThoughtRiver not only saves time for lawyers, but it also addresses a key challenge faced by CEOs: how to increase deal speed. Our platform speeds up the contracting process by allowing companies to sign more contracts and generate revenue quicker with intelligent contract pre-screening. Join the many happy legal firms and service providers that have transformed their contracting processes with ThoughtRiver.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Microsoft Word Yes 
HighQ No 
Microsoft PowerPoint Yes 
SAP Store Yes 

Integrations

Microsoft Word Yes 
HighQ Yes 
Microsoft PowerPoint No 
SAP Store No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

Volume based pricing
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 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 No 
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

ThoughtRiver

Founded

2013

Country

United Kingdom

Website

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

Legal Document Management

Access Controls Yes 
Archiving & Retention Yes 
Collaboration No 
Contract Management Yes 
Document Assembly No 
Document Indexing Yes 
Document Tagging Yes 
Full Text Search No 
Version Control Yes 

Alternatives

Alternatives

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