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