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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

An exclusively designed contract data management solution tailored for the financial services sector. Users can effortlessly drag and drop files, perform bulk uploads, or utilize a specially designed API to securely integrate scans into the Lyncs platform. Additionally, entity reference data can be uploaded to ensure precise organization of scans. The system incorporates automated duplicate detection, melding machine learning with rule-based hybrid auto-classification to enhance accuracy. Scans are systematically categorized by entity, type, and date, facilitating the precise extraction of terms while considering amendment chains. Various methodologies are employed to automatically retrieve data from documents, combining machine learning, established rules, and user-assisted data capture for optimal precision and effectiveness. Each phase of the document processing is supported by a role-based workflow, which allows for documents to be locked to restrict alterations by others, assigned to specific users, and transitioned between different workflow states through promotion or rejection. Furthermore, the platform includes comprehensive version tracking, auditing capabilities, and a data 'time-machine' feature for enhanced oversight and management. The combination of these features ensures an unparalleled level of control and accuracy in contract data management.

Description

Contract data is essential for everyone in your organization involved in servicing, supporting, managing, or executing contracts. An effective contract management system provides easy access to contract data, allowing team members to obtain information independently without needing to consult legal or other departments. This self-service capability enables users to quickly locate or generate reports on vital data or terms from all contracts, thereby minimizing risks and ensuring compliance with important contractual obligations. After a contract is executed, its value is just starting; however, a staggering 90% of organizations struggle to locate their contracts. This is alarming when considering the ongoing necessity for critical details such as key terms, renewal dates, owned products or services, and pricing information. A centralized source of information ensures that teams across your organization have immediate access to accurate answers for every customer, seamlessly integrating with CRM systems. This approach fosters efficiency and reliability, as everyone can confidently access the information they need to drive business success.

API Access

Has API Yes 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

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) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
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

Logical Construct

Founded

2014

Country

United Kingdom

Website

www.logicalconstruct.com/lyncs-product-overview/

Vendor Details

Company Name

Pramata

Founded

2005

Country

United States

Website

www.pramata.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 Yes 
Full Text Search Yes 
Government Contracts No 
Pre-built Templates Yes 
Sell Side (Customers) Yes 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

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