Average Ratings 0 Ratings
Average Ratings 1 Rating
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
Advanced AI offers attorney-level negotiation capabilities with features such as multi-round review, automated redlining, fallback playbooks, approvals, and instructional support. This technology significantly reduces the timeframe from contract drafting to final signature, allowing negotiation reviews and markup processes to occur almost instantaneously. By expediting negotiation and deal timelines, it contributes to cost savings and enhances procurement workflows. Utilize data-driven insights to refine your review methods, effectively managing edge cases and incorporating feedback. Additionally, it minimizes risk by ensuring compliance through AI-driven adherence to both organizational and industry standards, as well as playbook protocols. LexCheck AI comes preloaded with established negotiation best practices for a variety of common contract types. Our dedicated team is available to help you customize it to align with your unique playbook guidelines using fewer than 24 training examples. This tailored approach ensures that your contract negotiation process is not only efficient but also highly effective in meeting your specific needs.
API Access
Has API
No
API Access
Has API
No
Integrations
Amazon WorkDocs
Yes
NetSuite
Yes
Oracle Fusion Cloud ERP
Yes
SAP ERP
Yes
Salesforce
Yes
Workday Financial Management
Yes
Integrations
Amazon WorkDocs
No
NetSuite
No
Oracle Fusion Cloud ERP
No
SAP ERP
No
Salesforce
No
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
No
Live Rep (24/7)
Yes
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
LexCheck
Founded
2015
Country
United States
Website
www.lexcheck.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)
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