Relativity Contracts is a comprehensive contract analysis solution designed to streamline the contract review process. It leverages AI-powered technology to extract key information, identify risks, and provide valuable insights from large volumes of contracts. This solution enables legal teams, contract managers, and business professionals to efficiently manage, analyze, and understand their contractual obligations and opportunities.
Vendor
Relativity
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Relativity Contracts is an advanced contract analysis platform that utilizes artificial intelligence and machine learning to revolutionize the way organizations handle their contractual documents. By automating the extraction of critical data points, clause identification, and risk assessment, Relativity Contracts significantly reduces the time and effort required for contract review and management. This solution integrates seamlessly with existing workflows, allowing teams to collaborate effectively and make informed decisions based on accurate contract data.
Key Features
AI-Powered Contract Analysis Leverages advanced machine learning algorithms to extract and analyze contract data
- Automatically identifies key clauses and terms
- Extracts important dates, parties, and financial information
Risk Assessment and Alerting Identifies potential risks and issues within contracts
- Flags non-standard clauses and deviations from templates
- Alerts users to upcoming deadlines and renewal dates
Customizable Dashboards and Reporting Provides comprehensive visibility into contract portfolios
- Offers customizable dashboards for different user roles
- Generates detailed reports on contract performance and trends
Benefits
Increased Efficiency Streamlines the contract review and management process
- Reduces manual review time by up to 90%
- Allows legal teams to focus on high-value tasks
Enhanced Accuracy Minimizes human error in contract analysis
- Ensures consistent interpretation of contract terms
- Provides a single source of truth for contract data
Improved Risk Management Enables proactive identification and mitigation of contractual risks
- Helps organizations stay compliant with regulatory requirements
- Reduces the likelihood of missed obligations or opportunities