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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

Navigate the complexities of contracts, reveal essential insights buried within corporate and legal texts, and pinpoint opportunities for cost reductions and enhanced profitability. Contracts form the cornerstone of every organization, yet intricate agreements combined with laborious manual workflows hinder the effective tracking and management of essential terms and responsibilities. MRI Contract Intelligence streamlines the data extraction and contract evaluation process, minimizing the risk of costly revenue losses while uncovering valuable insights within various documents. Our advanced machine learning and optical character recognition technology have been refined using extensive datasets, allowing it to efficiently process contracts and extract information with greater speed and precision compared to traditional methods. Utilize AI to highlight vital dates, financial figures, clauses, and other significant details, all while providing direct references to the original sources within the documents, ensuring you have a comprehensive view of your contractual obligations. This innovative approach not only enhances efficiency but also empowers businesses to make informed decisions based on accurate and readily accessible information.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Amazon WorkDocs Yes 
MRI Software No 
Microsoft Excel No 
NetSuite Yes 
Oracle Fusion Cloud ERP Yes 
SAP ERP Yes 
Salesforce Yes 
Workday Financial Management Yes 

Integrations

Amazon WorkDocs No 
MRI Software Yes 
Microsoft Excel Yes 
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 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 Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Klarity

Founded

2017

Country

United States

Website

www.tryklarity.com

Vendor Details

Company Name

MRI Software

Founded

1971

Country

United States

Website

www.mrisoftware.com/products/contract-intelligence/

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 

Alternatives

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