
CLM AIConga
Get accurate answers quickly to accelerate decision-making and time to revenue with ethical AI
Vendor
Conga
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Product details
Review and negotiate contracts faster with accurate, ethical AI
Get accurate answers quickly and accelerate decision-making with AI-powered contract management built for a Revenue Advantage
Power your workflows with AI contract analysis and management
Turn static documents into accurate, searchable data
- **Automate compliance checks using predefined criteria: **Conga’s AI answers custom compliance-related questions automatically and allows you to view suggested language to amend documents and ensure consistency.
- **Extract text from contracts: **Quickly and accurately extract text and data from tables and contracts for automatic tracking and reporting, then edit outdated annotations to improve data quality.
- **Generate custom AI: **Create highly accurate, custom AI models in minutes, with no training required.
Faster contracts, increased control speed
- **Review documents faster: **Automatically compare language to your negotiation playbook, so you can jump to high-risk clauses and ensure critical terms are covered.
- **Streamline negotiation: **View suggestions to mitigate risk and AI suggested redlines and secure more favorable terms.
Make better decisions, quickly
- **Faster, better decisions: **Instant AI contract summaries provide quick insights into large, complex contracts. Reduce manual review while identifying key terms and obligations, clarifying essential details like pricing and timelines for faster decision-making.
- **Instant answers: **Procurement, sales, and legal can save hundreds and thousands of hours annually by getting AI answers to contract-related questions instantly, reducing time spent interpreting complex documents.
Anticipate and manage customer and supplier obligations
- Track and manage obligations **efficiently: **Automatically identify and track multi-layered obligations such as payment schedules and renewal dates directly from contract text and tables. Hit key dates, prevent missed renewals and terminations and maintain strong business relationships.
- **Put contract data to work: **Extract data from contracts and contracting processes to create charts and dashboards, which provide insight into compliance, renewal, expiration, obligations, cost, revenue, and risk.
Enhance business performance
- **Grow revenue: **Use AI copilot to identify up-sell and cross-sell opportunities and execute timely price increases
- **Identify cost-saving opportunities: **Analyze and compare supplier terms, pricing and volume to uncover potential savings. Use AI to negotiate better deals and identify opportunities for up-sell and cross-sell, maximizing revenue and reducing costs.