Klarity 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.
Klarity Alternatives
Concord Horizon is an AI native contract platform built from a complete rewrite of Concord’s technology, applying ten years of experience to a modern architecture for faster and more accurate contract work.
The redesigned interface offers light and dark mode, collapsible navigation, full screen focus, custom columns, advanced filtering, and consistent tables across modules.
AI Copilot supports natural language questions, contract summaries, key point extraction, and fast portfolio insights, while AI Search adds lexical and semantic search with improved performance and multi actions on results.
MCP brings contract intelligence into AI tools like ChatGPT and Claude for summaries, tables, or automated monitoring. Concord applies a strict zero data retention policy with AI partners and never uses customer data to train AI models .
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LinkSquares, a web application, is designed to make legal and finance teams more efficient. The AI-powered contract repository automatically extracts key terms from contracts and provides key insights through deep search, custom reports, and analytics. LinkSquares helps high-growth companies save hundreds of hours and thousands in costs by eliminating the need to review contracts manually and requiring outside counsel. LinkSquares analyzes and extracts structured data from every contract. The result is more that a full-text search. LinkSquares provides interactive Dashboards, custom reports, and other tools that help you put your contract data into action. LinkSquares provides automation and insight to every stage of your contract lifecycle. You can draft faster, review faster, and get agreements done sooner. LinkSquares does everything except write contracts for you. (And that's something we're also working on.)
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Legalbook.io
Legalbook.io, an AI-powered contract review platform, helps lawyers, law firms, and legal teams assess risks, suggest alternate clauses, and redline contracts in less than 3 minutes. Legalbook's vision is to futurize the contract process using AI, from Drafting, Review, Negotiation Support, to Execution of Contracts, along with advanced features such as Deal Room and Sensitivity Analysis.
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Ivo
Streamline the process of negotiating contracts by reducing time, effort, and costs. Experience unmatched efficiency with the most precise AI-powered contract review software available. Utilize the Ivo checklist to evaluate agreements based on your specific needs, seamlessly incorporating AI-generated redlines and comments right into your Microsoft Word document. Ivo is designed to adapt to the distinct legal terminology and protocols of your organization, providing tailored reviews that meet your requirements. Discover potential issues within your contracts, compile issue lists, summarize findings, and identify any unused defined terms. Functioning as an add-in within Microsoft Word, Ivo also extends its support to Google Docs and PDF files. Enhance productivity through smart redline suggestions while effectively managing risks and internal communications by creating dynamic, customizable issue lists with just a single click. Ivo prioritizes the security and safety of your contracts, underscoring our commitment through the acquisition of esteemed security certifications recognized across the industry. Additionally, the integration of Ivo ensures that you can focus on strategic tasks while it handles the intricacies of contract management.
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Company Details
Company:
Klarity
Year Founded:
2017
Headquarters:
United States
Website:
www.tryklarity.com
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Product Details
Platforms
Web-Based
Customer Support
Online Support
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