Reference: Contract Lifecycle Management Capabilities
You can view high-level feature descriptions for the capabilities in this product area.
Contract Analysis Interoperability
Provides the ability to bulk import documents from and export data to third-party platforms.
Contract Management Administration
Supports user and document management. The functionality provides the ability to:
- Configure the document data layout.
- Configure session duration and reauthentication frequency.
- Configure single sign-on.
- Delete and restore files.
- Manage internal and counterparty classification.
- View and export audit logs of user activity.
Contract Redlining, Editing & Collaboration
Supports contract inspection. This functionality provides the ability to:
- Edit contracts, track changes, and collaborate directly within the platform.
- Distinguish between internal and counterparty versions.
- Revise contracts and sync changes with the master document.
- Review contracts based on the organization’s negotiation strategy.
Contract Review & Ticket
Supports the contract negotiation and review process with AI assistance. This functionality provides the ability to:
- Ask AI about contract terms and get answers.
- Assign post-signature tasks and track their completion status.
- Create a clause library that includes guidance on clause usage during negotiations and provides contract drafting.
- Customize approval workflows and track actions as a contract goes through the review process.
- Save key clauses in a library with usage guidance.
- Send alerts to notify users of approvals assigned to them and enable them to give approval.
- Save and share AI prompts by contract type.
- Track contract review metrics.
Contract Search and Reporting
Supports customizable search, dashboard, and reporting capabilities with AI-driven findings. This functionality supports:
- Configurable notifications for contracts in the document repository.
- Exporting search results and dashboard data.
- Organize documents in hierarchical groups.
- Saving and sharing custom search queries and custom dashboards.
Contract Signature
Provides the ability to configure signatures process and integrate with third-party electronic signature platforms.
Contract Workflow Design
Provides the ability to configure contract workflows with conditions that activate defined events.
Contract Workflow Interoperability
Supports the transfer of workflow metadata with third-party platforms. This functionality provides the ability to:
- Display contract statuses and activity logs.
- Initiate contract workflows.
- Update contract statuses based on actions in third-party platforms.
Contract Workflow Optimization, Comments & Notifications
Supports contract workflow optimization, comments and notifications. This functionality provides the ability to:
- Engage in conversations within the contract workflow.
- Provide alerts for key contract workflow activities.
- Review contract metrics.
- View contract workflows and track their status.
Document Access Controls
Provides the ability to control access over documents and metadata. The functionality supports:
- Creating and managing user profiles and user groups with folder access permissions that are based on the configured information architecture.
- Creating user roles to manage feature access.
- Restricting access to documents available through searches, dashboards, and chat AI responses.
Document Analysis
Supports AI and OCR analysis for scanned documents of varying readability and various file types. This functionality supports:
- Analyzing documents to extract data and clauses.
- An chat interface to obtain AI responses about documents.
- A document repository that provides the ability to leverage AI for document queries.
- Creating and training AI models to extract information and deliver actionable insights.
- Managing all AI models created for document analysis.
Document Ingestion & Sync
Provides the ability to upload documents, submit documents and import documents in bulk from storage platforms.
Intake
Provides the ability to configure intake forms for contract requests and generate contract drafts.
Supplier Contracting
Provides the ability to integrate data and metadata from supplier documents.