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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Manual review of customer contracts to determine revenue accounting impact can be time-consuming and painful. Each contract requires that accountants spend hours creating and populating new contract review lists with metadata, dates, fees, and non-standard terms. This is time that could be used to innovate processes. Klarity automates all aspects of this process. Klarity pre-populates a checklist to automatically review all contracts. The application includes all the necessary tools to review contracts and provide notifications, accounting impact, notes, as well as an automated workflow. Klarity allows organizations to focus on strategic value by focusing on analysis and audit documentation, rather than the tedious manual work. For a smoother contract review process and a quicker month-end close, create customized workflows for the first- and second-level reviewers.

Description

Our innovative contract review automation solution stands out in the industry as it employs patented AI technology to analyze and redline legal documents in accordance with your established policies. In contrast to other offerings that merely highlight problematic or absent clauses, Lawgeex comprehensively grasps the context of contracts along with your strategic stance. The technology not only makes precise redlines to the documents but also engages in negotiations with the other party, mimicking the capabilities of a seasoned attorney while providing enhanced speed and accuracy. Acting as an extension of your legal team, we ensure a more uniform contract review process that significantly reduces the time needed for completion. This revolutionary solution automatically examines and meticulously redlines contracts based on your organization’s policies, resembling the work of a legal expert, but with superior efficiency and exactitude. By transforming your positions, risks, and guidelines into digital legal playbooks, we standardize the contract review and negotiation process across your organization, allowing you to achieve consistency and reliability in all contractual dealings. This not only streamlines operations but also enhances overall compliance with legal standards.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Salesforce Yes 
Amazon WorkDocs Yes 
NetSuite Yes 
Oracle Fusion Cloud ERP Yes 
SAP ERP Yes 
Slack No 
Workday Financial Management Yes 

Integrations

Salesforce Yes 
Amazon WorkDocs No 
NetSuite No 
Oracle Fusion Cloud ERP No 
SAP ERP No 
Slack Yes 
Workday Financial Management No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
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 No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Klarity

Founded

2017

Country

United States

Website

www.tryklarity.com

Vendor Details

Company Name

Lawgeex

Founded

2014

Country

Israel

Website

www.lawgeex.com

Product Features

Data Extraction

Disparate Data Collection No 
Document Extraction No 
Email Address Extraction No 
IP Address Extraction No 
Image Extraction No 
Phone Number Extraction No 
Pricing Extraction No 
Web Data Extraction No 

Product Features

Contract Management

Buy Side (Suppliers) Yes 
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 

Legal Document Management

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

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Alternatives

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