No more redlines.
ContractAI reduces time-to-contract by over 50% when multiple suppliers agree on terms and conditions at once and in real-time.
See for yourself by scheduling a demo today
With ContractAI, enterprise-level contracting with ZERO redlines is possible.
Why does contracting have to take so long?
Sending your standard contract opens the door to the never ending back and forth of redlines – that can take months. ContractAI cuts through the hassle by allowing multiple suppliers to choose from preset clause options online and in real-time. They’ll know which options are most favorable to you resulting in the fastest win-win outcome. Finish the entire contracting process in less than half the time of current methods – all while ensuring the final contract has terms that are within your risk guardrails.
What would you do with 50% more time?
Become known as a strategic partner, not a bottleneck
Legal and procurement teams can spend more time advising business partners instead of reviewing mundane redlines.
Find the best supplier option, not just the most convenient one
Help business partners quickly find the ideal supplier for every request instead of settling for those with existing contracts.
Uncover, mitigate and prevent contract risk
Gain peace of mind knowing that your company’s contract risk position can be assessed in just a few clicks.
Trusted by industry leaders to transform negotiations
“When ContractAI ingested and analyzed bp’s historical 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.”
Jason Donner
Head of IT Infrastructure Sourcing, bp
FROM 92 TO
8
DAYS
time to contract
UP TO
90
WEEKS
PROCUREMENT & LEGAL TIME SAVED PER WEEk
OVER
80%
TIME SAVED BY PROCUREMENT & LEGAL
ContractAI Features
Real-time online contract negotiations
Show suppliers your most favorable terms along with multiple fallback options. Allow suppliers to review contracts – online and in real time – and show how alternative clauses affect overall risk rating. See vendors’ selections and the associated risk levels before awarding the contract.
Deep analysis on the most critical terms
You shouldn’t pay for analysis you can’t operationalize. ContractAI’s analytics understands key legal verbiage and can determine changes in risk exposure based on new redlines.
Intelligent self-service contract authoring
Allow your business partners to generate the proper contract with an easy-to-use wizard that selects the right template and builds the contract with the right clauses based on business needs.
