Legal and Compliance for Contracts

Improve Legal Collaboration with streamlined documents & workflows

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Advanced features for Legal and Compliance

Many legal teams are in charge of managing contracts documents, obligations and legal risk throughout the lifecycle along with pre-signature reviews and negotiation.
Legal Search & Reviews
Contract Import & Processing
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Profiling, legal clauses and metadata extraction for large volume of contract documents
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Clause and terms identification, tagging even for scanned documents with in-built OCR
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Maintain contract relationships; Segregation of primary agreements from addenda and supporting documents
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Improve accuracy with ‘seed’ templates, clauses and contract type attributes
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Contract import and processing from shared folders, SharePoint, Emails and other repositories
Legal Search & Reviews
Clause Level Search & Reporting
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Intelligent contract search and filtering, using metadata, phrases & clause inclusions or exclusions
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Saved Search and actionable results to contextually initiate tasks such as workflows and amendments
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Autotag contracts to specific privacy, legal and regulatory requirements for better compliance
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Comparison and redline view of negotiated clauses and contracts vs. standard templates
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Track version history of contract modifications with user and activity timestamps
Legal Search & Reviews
Counterparty Negotiation and Collaboration
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Side-by-side 3rd party contract comparison and at a clause level
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Secure external portals for counterparties negotiation with controlled information sharing
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Clause, phrase and paragraph level annotations and commenting for negotiation visibility
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Discussions and activity user/timestamp logging for improved compliance
CONTRACT VISUALIZATION AND ANALYTICS
Legal Search & Reviews
Contract Visualization and Analytics
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Visualize clause deviation from pre-approved language for standard contract types
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Risk indicators based on contract language, keywords and phrases included in contract language
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Contract summaries to effectively communicate & clarify concerns and risks to appropriate users
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Document classification and extraction related metrics for your contract inventory
Legal Search & Reviews
Contract Authoring & Assembly
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Manage standard legal language, fallback and alternate language with in-built clause library
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Template selection & clause picker with suggestions based on conditional rules and similar contracts
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Template library with history tracking & variation management
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Q&A type wizard and rules based authoring for Business user self-service enablement
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