An extra set of eyes that gives true insight into what’s in your contracts
aoVision is a Contract Insights Application that extracts key contract information and insights, and identifies hidden risk in minutes so you know exactly what you’re signing.
Powered by the App Orchid’s next generation Enterprise AI platform, here’s how it works.
Truly Understand your Contracts and Documents
POWERFUL OCR AND NATURAL LANGUAGE PROCESSING
Scan any document, from any source in seconds, understand contextual meaning of clauses and deliver insight into key areas that matter to you
Identify missing terms and pre-requisites, such as negotiation boundaries, policy transgressions, material changes, clause and template similarity, obligation exposures, etc.
Powerful Contextual Search & Collaboration
ELASTIC SEARCH & KNOWLEDGE GRAPHS
Ever wish you could
- “Find all contracts that are coming up for renewals” or
- “Show me all contracts with liability <5M”?
Now you can.
Identify Key Trends and Mitigate Hidden Risk
AI-POWERED ANALYTICS
Get the answers you need about your organization’s contracting trends and behavior – and improve the contract template, terms, structure, language and clause options
Analyze negotiation boundaries, legal and compliance implications, obligation intents in seconds.
Identify High-Risk clauses and contracting terms, rank supplier risk.
Fast deployment, Easy to use
Works with any document type (Word, PDF, Pictures, Scans, etc.)
Integrated with any CLM or repository
AI is trained and ready to use in 4-8 weeks
Trusted by Global Companies
“When [aoVision] ingested and analyzed bp’s historical contracts and contracts signed over the last 18 months, bp gained powerful insights that enabled bp to set contract templates and clause options that streamlined the contracting process and mitigated contractual risk in new contracts.”
How our customers use ContractAI products
LEGAL
Expand in-house legal control and contract standards compliance by scanning and detecting non-standard language and clauses in contracts with aoVision
PROCUREMENT
Analyze Supplier Paper contracts to highlight main differences between buyer and supplier paper, significantly reducing the time to contract
LEGAL OPS & PROCUREMENT
ContractAI catches manual entry errors by extracting and matching terms automatically.
LEGAL
Extract financial, business and lease info from from real estate lease agreements to automatically identify critical lease terms, audit criteria and high-risk areas.
Sales & PROCUREMENT
Extract SOW metadata from contracts to speed up SOW processing and new client on-boarding
LEGAL, CONTRACTS
Track contract performance, expiry and renewal status.
Build Risk profile & Operationalize PADU to reduce contract review time
LEGAL, PROCUREMENT & SALES
With aoAuthor, create standard contract templates with AI- suggested clauses. Procurement and sales uses a guided contract creation wizard to quickly generate contracts with clauses approved by legal.
LEGAL & PROCUREMENT
ContractAI automates the approvals process to ensure that deadlines were hit, contract status was captured and visible to the company.
PROCUREMENT
ContractAI helps guide and accelerate negotiation by eliminating redlining, and scoring suppliers based on risk, achieving reducing time to contract by 80%+
Need more features?
aoVision is part of the ContractAI Contract Accelerator Suite
AI DRIVEN CONTRACT INSIGHTS
- Extract Contracts from any system in any format, including supplier paper
- Analyze and extract Contract Metadata for review in minutes
- Identify hidden risks, key insights, as well as clause variances from historical terms
GUIDED CONTRACT AUTHORING
- Guided Contract Creation – build policy compliant templates and contracts rapidly
- Dynamic deal creation ie. RfX
- Reports & Dashboards
RAPID CONTRACT NEGOTIATION
- Customer/Supplier negotiation
- Eliminate redlining and operationalize clause library
- Suppliers get pre-vetted, pre–scored clause options. You rank suppliers based on terms selection
- Risk profile and deal summaries generated automatically