Contractify vs SpeedLegal Detailed comparison features, price

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.

SpeedLegal

SpeedLegal is a contract review platform that utilizes AI to accelerate and enhance the contract analysis process. It helps users identify risks, understand complex legal terms, and provides custom suggestions based on the specific contract type and user-defined standards.

The platform offers features such as automated contract summaries, risk analysis, and the capability to ask AI questions. It's applied and usable to the Common Law legal system, covering contracts in the USA, Europe, and Latin America.

Contractify

Pricing

Paid

From 161$

SpeedLegal

Pricing

Paid

From 252$

Contractify

Features

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.

SpeedLegal

Features

Red Flag Analyzer: Find hidden risks in your contracts and prevent unfavorable terms.
Personalized Suggestions: Receive tailored suggestions based on your specific contract needs and standard set by you.
Ask our AI: Get quick answers to your contract-related questions.
Automated contract summary: Understand complicated contracts with short and simple summaries.
Set your own contract standards: Customize your contract standards to match your business goals.

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.

SpeedLegal

Use cases

Reviewing and understanding various contract types (e.g., MSAs, NDAs, employment agreements).
Identifying potential risks and unfavorable terms within contracts.
Getting quick clarifications on specific clauses or legal jargon.
Creating concise summaries of complex contracts.
Setting and maintaining consistent contract standards across an organization.