Best Contract Analytics Software - Page 6
Contract Analytics software provides insights from extracted contract data to help companies keep terms consistent throughout all of their contracts. This type of software uses a branch of artificial intelligence (AI), and natural language understanding, which is a subset of machine learning (ML), to quickly address any risks in contracts, which is otherwise a time-consuming, manual process. Subsequently, contract analytics software reduces the risks associated with human errors when reviewing and finalizing contracts. Companies utilize this type of software to capture contract information around contractual terms like expirations, terminations, and extensions.
Contract Analytics software can be used by diverse types of teams within a business, including sales teams, legal departments, and finance departments to reduce contract turnaround time, increase visibility into contract performance, and identify potential contract risks and relevant obligations. This software may utilize OCR software or optical character recognition software, to convert images of text into digital and searchable text. Contract analytics software often integrates with contract management software, contract lifecycle management software, and e-signature software.
To qualify for inclusion in the Contract Analytics category, a product must:
Featured Contract Analytics Software At A Glance
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RevU is an AI-powered platform that reviews NIL contracts and helps athletes, universities, and agents manage compliance and obligations.
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Screens streamlines contract reviews with attorney-level expertise for precise and efficient analysis.
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SpeedLegal is an AI-Powered Contract Management Platform that helps CFOs, COOs, CEOs, GCs and busy professionals understand their contracts and verify that each term complies with market standards. Th
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ThoughtRiver is an AI-powered platform for reviewing and negotiating contracts more quickly and with greater precision. Billions of dollars are spent every year on making sales teams more efficient, b
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Every contract. Every term. Perfectly understood. Structured from the source: TrustedIQ transforms every contract, renewal, and amendment into an exact, machine-readable model of your commercial tr
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Zuva provides contract analysis and insight generation, making legal document review easy and efficient.
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DocAI is an API-driven platform that enables developers to implement contracts AI features into their applications
- 100% Small-Business
