Legartis vs ContractWorks Detailed comparison features, price

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.

ContractWorks

ContractWorks is a comprehensive contract lifecycle management (CLM) software designed to centralize, automate, and streamline contract processes for organizations. The platform leverages advanced AI technologies, including GPT-3 and robust OCR, to accelerate contract drafting, enable instant search and review of contract terms, and simplify complex legal language for greater efficiency.

Suitable for a wide range of industries and departments, ContractWorks provides secure document storage, automated alerts, collaborative editing with Word compatibility, and scalable workflows. With built-in electronic signatures, customizable reports, and permission-based access control, it empowers legal, finance, HR, and sales teams to manage contracts with improved compliance, transparency, and speed from a single easy-to-use interface.

Pricing

Legartis Pricing

Contact for Pricing

Legartis offers Contact for Pricing pricing .

ContractWorks Pricing

Free Trial

ContractWorks offers Free Trial pricing .

Features

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.

ContractWorks

Centralized Contract Repository: Secure single location for storing and organizing contracts.
AI-Powered Search & OCR: Rapidly locate contracts, clauses, and terms using artificial intelligence.
GPT-3 Clause Creation: Generate new contract clauses and simplify complex legal language with GPT-3 AI.
Dynamic Drafting Templates: Create any type of contract in minutes via interactive templates.
Collaborative 2-Way Editor: Redline and edit contracts with compatibility for MS Word.
Automated Approval Workflows: Streamline and accelerate contract reviews and approvals.
Built-in Electronic Signatures: Legally sign and manage agreements from anywhere.
Customizable Reports & Alerts: Schedule reports and receive notifications on key dates and milestones.
Permission-Based User Roles: Control access and visibility with role-based permissions.
24/7 Support: Around-the-clock customer support for all users.

Use Cases

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.

ContractWorks Use Cases

Automating contract drafting and approval for legal teams.
Managing contract renewals and compliance in healthcare organizations.
Streamlining vendor agreement workflows for procurement managers.
Centralizing sales agreements and accelerating deal closures.
Enabling collaborative contract negotiations with internal and external stakeholders.
Improving audit readiness with secure, permission-based contract access.

FAQs

Legartis FAQs

What does automated contract review mean?

Automated contract review means that certain contract review processes are automated. This includes pointing out faulty, missing or incomplete clauses with the help of AI. Certain work steps are carried out manually by the reviewer, others are taken over by AI.
How does Legartis’ AI work?

Our team of legal experts trains Legartis’ AI on different clause types and legal concepts. It therefore arrives pre-trained and able to analyse your contracts from day one of use.
What languages does Legartis’ AI speak?

Legartis understands and performs at a high level in these languages: German, English and French. Other languages can be trained on demand.
How accurate is Legartis' AI?

Our legal engineering team works with test sets and only releases checkpoints when the AI achieves an accuracy of over 90%. For you, this means that with Legartis AI you receive very high and consistent AI quality from day 1.
Can Legartis be integrated with other tools (e.g. CLM)?

Legartis is designed with an open API. This means that integration into other systems is possible without any problems.

ContractWorks FAQs

What happens after the trial account expires?

After the trial period, the account automatically converts to a paid standard license, with all contracts, tags, alerts, and user data preserved for a seamless transition.
Can ContractWorks be accessed by clients outside the US?

Yes, ContractWorks can be accessed globally and payments from international clients are supported.
How are electronic signature licenses managed?

Each plan includes a set number of electronic signature licenses, with additional packs available for purchase; only users with a license can send documents for signing, while all recipients can sign for free.
Is there a dedicated onboarding process?

Yes, template automation and onboarding are included in the paid implementation process, with the ContractWorks team integrating workflow and document patterns for new customers.
What support is provided to customers?

ContractWorks offers 24/7 customer support to assist users with setup, training, and any ongoing platform needs.