Best Contract Analysis Software of 2024

Negotiating agreements can be done in less time and with less effort. With the most accurate AI contract review program in the world, you can unlock unprecedented efficiency. Use Ivo's checklist to check agreements against your requirements, and insert AI-generated comments and redlines directly into your Microsoft Word document. Ivo adapts its reviews to your company's unique legal guidelines and language to deliver customized reviews. You can identify issues in your agreement, create lists of issues, create summaries and find unused defined terms. Ivo is an add-in for Microsoft Word that also supports Google Docs and Adobe PDF documents. Intelligent redline recommendations improve efficiency. With just one click, you can generate dynamic issue lists that are customizable and help to surface open risks. Ivo's top priority is keeping your contracts safe and secured, which is why we invested in obtaining industry recognized security certifications.

Evisort, the AI-powered contract management software is the first to provide visibility into any document. It also reduces risk by using artificial Intelligence to speed up and accurately analyze contracts. It streamlines workflows and elevates collaboration. Over 230 contract types are supported. More than 50 clauses and metadata are extracted out-of-the box. Over 10Million contracts. Reads documents in less than 60 seconds. Tracking 1B+ data points. Evisort AI Labs studies Natural Language Processing (NLP), and computer vision models. They develop algorithms using the most advanced forms artificial intelligence possible to automate search, data collection, and ensure that you find what you need in all of your contracts, at any given time. Evisort provides contract management efficiencies, workflow accountability and visibility into documents for a variety business teams.

Aavenir Obligationflow gives organizations 360deg visibility into their enterprise-wide contractual obligations. This is possible using Artificial Intelligence-enabled context search. Not only can companies auto-discover key contractual obligations, but they also have the ability to collaborate with relevant stakeholders for fulfillment via its digital workflow. They can also monitor the compliance status via ServiceNow's Obligationflow dashboard. Aavenir Obligationflow imports all active contracts from Aavenir Contractflow and any other CLM system. It transforms the way organizations discover, manage, fulfill, and report on obligations that were previously hidden within complex contract language.

Every contract tells a story. kReveal teases all of your contracts to highlight the trends that matter to you: your range of jurisdictions and license grants - inbound or outbound, privacy protections and base salaries, non-competes and anti-corruption risks. Using patented technology kReveal can achieve extraordinary precision in recall (presence/absence of clauses) as well as recognition (finding correct terms). It automatically deconstructs contracts and targets sophisticated rules at the most relevant text. Whether you have 1,000 or 100,000 contracts to analyze, kReveal can do it in seconds. It uses its multi-processor cluster and works in parallel to analyze clauses and extract terms - according to your specifications – across the entire portfolio. Contracts can be complicated, as we all know. This is especially true if you have many of them.

Automatically extract key terms. Find legal style, definitions, or risky language problems. To improve comprehension and accessibility, translate legalese into plain English. Legal advice requires careful analysis of each law and its application to a particular situation. Legal Robot generates information by automatically analysing your legal documents in relation with other legal documents and case laws. We also offer statistical and linguistic analyses to help you understand possible issues in your legal documents. Machine learning is a sub-field within the larger field of AI.

AI can intelligently analyze agreements. With powerful contract analytics, you can make smarter business decisions and uncover hidden opportunities and risks. DocuSign Insight uses a proven combination of artificial intelligence (AI) technologies--including natural language processing, machine learning and rules-based logic--to help find, filter and analyze agreements across your enterprise. Your agreements can reveal revenue opportunities and potential profits. You can empower business to move faster without compromising your risk profile. Protect your business continuity and optimize your spending under management. Equip business systems using extracted contract data and analysis results. Ensure that agreements and processes comply with legal and business policies. Automate compliance analysis and reporting.