What is Volody AI CLM Software?

Volody AI CLM Software leverages artificial intelligence and machine learning to transform and automate every stage of contract lifecycle management. The platform allows legal, sales, procurement, and finance teams to draft, negotiate, approve, store, sign, and track contracts efficiently within one integrated system. By utilizing proprietary AI engines, users benefit from smart clause suggestions, obligation extraction, risk analysis, and efficient contract digitization through bulk uploads and metadata extraction.

Supporting collaboration with tools like Google Docs and MS Word, Volody provides configurable approval workflows, centralized contract repositories, and seamless e-signature integrations. The platform’s dashboard and reporting features enhance organizational oversight and compliance, helping companies mitigate risk while accelerating contracting cycles. Volody’s robust integration capabilities further ensure that it fits smoothly within various business technology stacks.

Features

Automated Contract Drafting: Speeds up contract creation with legal-approved templates powered by AI.
Clause Suggestions: Utilizes AI to offer smart clause recommendations based on prior agreements.
Obligation Management: Extracts and assigns key contractual obligations using AI-based analysis.
Risk Analysis: Alerts users to potential contract risks and missing clauses through advanced analytics.
Contract Digitization: Bulk uploads legacy contracts with OCR-powered metadata extraction.
Approval Workflow Builder: Customizes no-code approval workflows and version control.
Central Repository: Securely stores, tracks, and manages contract renewals, milestones, and obligations.
Redlining & Collaboration: Facilitates negotiation and collaboration across stakeholders within popular editors.
E-signature Integration: Supports digital signing with DocuSign, Adobe Sign, and other providers.
Advanced Reporting: Provides configurable dashboards and exportable MIS reports.

Use Cases

Automating drafting and review processes for in-house legal and compliance teams
Streamlining procurement and vendor contract workflow management
Enabling sales departments to create CRM-to-contract pipelines and accelerate deal closures
Digitizing and organizing legacy agreements for centralized, searchable storage
Extracting and assigning contractual obligations across organizational departments
Mitigating business risk through AI-based risk reviews and alerts
Monitoring contract spend and financial exposure for finance teams

FAQs

What departments can benefit from Volody AI CLM Software?

Volody is designed for legal, sales, procurement, and finance teams seeking to automate and streamline their contract management workflows.
Does Volody support e-signature integrations?

Yes, Volody integrates with leading e-signature providers such as DocuSign and Adobe Sign for seamless contract signing.
How does Volody help with risk management in contracts?

The platform provides AI-powered risk analysis to alert users of potential risks or missing clauses, ensuring contracts are thoroughly reviewed before execution.
Is there a free trial or demo available?

Yes, Volody offers a free trial and the option to schedule a personalized demo with their contracting specialists.