Contractify
VS
Legartis
Contractify
Contractify is a comprehensive contract management solution designed to help organizations of all sizes manage their contracts effectively. The platform leverages AI, through its 'ADA' feature, to automate tasks like contract analysis and data extraction, saving valuable time and minimizing errors.
With Contractify, businesses can centralize their contract repository, automate follow-up tasks and approval workflows, and gain a clear overview of all contracts and related information. The software provides robust security and reporting features, ensuring contract compliance and maximizing revenue potential.
Legartis
Legartis offers an advanced Artificial Intelligence solution designed for automated contract review and comprehensive legal analytics. It assists legal, sales, and procurement teams by streamlining contract workflows and identifying potential risks. The platform operates effectively in German, English, and French, functioning independently as either a Microsoft Word add-in or a web application. Leveraging a combination of proprietary, pre-trained AI developed over seven years and Large Language Models (LLMs), Legartis ensures high accuracy, consistently achieving over 90% precision in its analyses.
The tool significantly boosts productivity by accelerating the contract review process by over 85% through highly customizable automation features like Legartis Prompts. Beyond review, Legartis facilitates the extraction of relevant data from active contracts, providing actionable insights into key performance indicators. It comes equipped with over 160 pre-trained clauses, enabling immediate analysis of various contract types, whether dealing with single documents or thousands. All contract data is processed securely on GDPR-compliant servers located in Switzerland, and an Open API allows for seamless integration with existing Contract Lifecycle Management (CLM) systems.
Pricing
Contractify Pricing
Contractify offers Paid pricing with plans starting from $161 per month .
Legartis Pricing
Legartis offers Contact for Pricing pricing .
Features
Contractify
- AI-assistant ADA: Instantly scans documents for metadata (like end dates, notice periods, counterparties etc.), saving hours on reading & registering contracts.
- Automated Follow-Up Tasks: Never miss a contract deadline with automatic contract tasks & notifications.
- Approval Workflows: Streamline contract procedures & define clear contract responsibilities.
- Centralized Contract Repository: Keep all contracts and related info in one smart repository.
- Validated e-signature: Includes e-signature credits for secure and legally binding online contract signing.
- Reporting: Extensive contract reporting to track statuses, progress and due tasks.
Legartis
- AI Contract Review: Accelerates contract review using pre-trained AI and LLMs.
- AI Legal Analytics: Extracts relevant data and provides insights from active contracts.
- Multi-language Support: Operates in German, English, and French.
- High Accuracy: Achieves over 90% accuracy through multi-stage quality assurance.
- Platform Integration: Available as a Word add-in and web app.
- Customizable Automation: Uses Legartis Prompts for tailored automation levels.
- Pre-trained Clauses: Comes with 160+ pre-trained clauses for immediate analysis.
- Open API: Allows integration with CLM systems for data synchronization.
- GDPR Compliant: Processes data on servers in Switzerland.
Use Cases
Contractify Use Cases
- Minimize risks and maximize contract revenue for legal teams.
- Save time and contribute value to the business for finance teams.
- Improve communication and collaboration on contracts for management teams.
- Centralize contract management for organizations in various industries like Finance, Banking, Renewable energy, Business consulting, Retail, Software, and HR.
Legartis Use Cases
- Automating routine contract reviews for legal teams.
- Accelerating sales contract processing and ensuring compliance.
- Improving efficiency in procurement contract analysis.
- Performing large-scale analysis of active contracts for risk assessment.
- Reviewing specific contract types like DPAs and NDAs quickly.
- Extracting key metadata from contracts for CLM systems.
Contractify
Legartis
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