
JAGGAER Contracts** **is an AI-powered contract lifecycle management (CLM) solution designed to streamline procurement processes through automation and intelligent analysis. The platform focuses on reducing risks, improving compliance, and accelerating contract execution across organizations.
Vendor
Jaggaer
Company Website
JAGGAER Contracts** **is an AI-powered contract lifecycle management (CLM) solution designed to streamline procurement processes through automation and intelligent analysis. The platform focuses on reducing risks, improving compliance, and accelerating contract execution across organizations.
Key Features
AI-Driven Contract Generation Automates contract creation using templates and dynamic clauses
- Configurable templates with pre-approved legal language
- Real-time risk identification during authoring
- Alternative clause suggestions using AI analysis
Advanced Contract Analysis Enables deep document insights through machine learning
- OCR technology for legacy document digitization
- Deviation scoring system for template compliance
- Metadata extraction across contract repositories
Collaborative Negotiation Tools Facilitates multi-party contract development
- Online redlining with version control
- Electronic signature integration
- Audit trails for all negotiation changes
Performance Monitoring Tracks contractual obligations and milestones
- Automated renewal/expiration alerts
- Supplier scorecards for performance evaluation
- Milestone tracking with dashboard visualization
Benefits
Risk Mitigation Proactive identification of contractual liabilities
- AI-powered clause deviation detection
- Standardized template enforcement
- Centralized audit trails for compliance
Operational Efficiency Accelerates contract lifecycle processes
- 75% faster contract creation through automation
- 60% reduction in negotiation cycles
- Unified repository with smart search capabilities