They do not disappear once the contract is signed theyre in it with you for the long haul, and always accessible. This allows us to make data-driven decisions about which documents to accept, reject, and produce. The whole industry is talking about more for less, and about digital transformation. ContractPodAi offers support included with purchase. Nothing - except that the customer team are friendly, I inherited this system and I'm sorry to say there are no redeeming features. The ability to capture important data instantaneously was very important to us. They also weren't the most expensive . ContractPodAi uses AI for five key use cases, including a Google-like predictive search to help guide users through clauses in a contract, and a chatbot that can answer questions about contracts like, 'What's my liability cap?'. nothing special , customer service replied me on time. We went from a team that takes too long to create contracts to a team that understands that cash is king, and actually did something about it! Industry: Insurance (except health) Industry. Outsourcing/Offshoring, 501-1,000 employees. The ease of implementation and use of the software has been practically effortless. In addition, the platform offers simple, guided forms and templates to create a legal application from scratch in minutes a fast, easy, and intuitive way to scale highly tailored solutions to in-house teams' everyday legal needs. ContractPodAi Pricing, Alternatives & More 2023 | Capterra ContractPodAi Pricing, Packages & Plans 2023 | G2 Easy to use - quick to generate contracts which is great for our team's efficiency. I dont have to go searching for attachments. We continue to be an extremely satisfied customer of ContractPodAi. Only real con I can come up with is that I'm personally not the biggest fan of the way the interface looks, but that's really a minor issue since it's perfectly functional and usable. Please don't fill out this field. Find out more about how we use your personal data in our privacy policy and cookie policy. I used the system in my former job, too. The system can get set up very fast and customised to your needs. The round is led by . The system did not cater for our needs - we wanted to be able to create contracts which LEAP didn't allow, and Contractpod did. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. CPAI team supported all the changes and alterations we needed. Contract PodAi has been great to work with overall. Additionally, the ability to create contract templates is a great time-saving function. ContractPodAi offers training included with purchase. We would love to hear more about your experience with ContractPodAi so that we can use your valuable feedback to provide increasingly better experiences. Sara Merken reports on privacy and data security, as well as the business of law, including legal innovation and key players in the legal services industry. ", "Have to save documents locally and upload them - no option to drag and drop documents in. UPDATE - Earlier this year we launched a new template generator - Auto-Contract Desk (ACD) is an award-winning enhanced contract authoring and generation tool that helps business users quickly and efficiently create a high-volume of contracts, providing a more powerful and user friendly experience. ContractPodAi Launches Standalone Leah Generative AI Legal Services Hub Misra met with Son for a one-on-one meeting, where he presented this 10-minute deck. ContractPodAi Reviews: What Is It Like to Work At ContractPodAi? Overall, this has been a great system. In a few of these cases, we were only billing them 30 or more days after renewal. Q: What type of training does ContractPodAi provide? Contact us today for your personalised demo. Register today for a chance to win and to be part of the future of connected technology. ContractPodAi Cloud is the one legal platform that streamlines and simplifies all your in-house legal processes, from the simplest to the most complex. I personally, really like the extractions, which are the summaries of each contract in the system. Even after the software is in place, we have a customer success manager who still helps us whenever we have questions, need to change something, or need some deeper training on some parts. I pointed out in the pros how it helped us pull up payment, four month early in one case. Cision Distribution 888-776-0942 After a lot of work uploading our historic agreements to the system, we have now rolled this out to our business and are receiving great feedback from them. Now, the platform's robust, intuitive, and easy-to-use capabilities have been extended to handle the entire, end-to-end legal lifecycle any use-case, any document type, any scenario. Contract PodAi seemed to be the best value for the price. ", "ContractPodAI Works Well and is Customizable! It convinced me. Explore trends, learn best practices, and network with industry leaders. She happily walked my team through the implementation process, was always willing to help us throughout, as well as thoroughly explained each step of the process, each area of the software, and was overall a great help throughout the process. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. The legal tech sector is a "massive investment market to be tapped into," he said. I have found ContractPod AI to be an outstanding contract management platform. We went from a team that takes too long to create contracts to a team that understands that cash is king, and actually did something about it! ContractPodAi Cloud, our end-to-end legal management system, includes a smart repository, easy-to-use templates, guided workflows, auto-document generation, collaboration tools, e-signatures, third-party document review, AI analytics, reports, and alerts and reminders for important dates. We needed a software that was more customizable to the nuances of our business, and Contract PodAi made the most sense. "Part of the power of generative AI is its ability to help organizations scale to . We're able to edit the metadata easily, track Negotiation Notes throughout the contract lifecycle, track incoming contract requests, see everyone's workload, etc. Contract PodAi just recently rolled out a product upgrade to fix this issue. All packages are fully inclusive (outcomes-based pricing options available) and include configuration, implementation, e-signature integration and ongoing support from the ContractPodAi's success team. ContractpodAi is a very useful tool! Q: What languages does ContractPodAi support in their product? Q: What other applications or services does ContractPodAi integrate with? The company started to evolve its offering over the last 18 months or so, Misra said. Real-time access to data in visual dashboards and customizable reports to improve the performance of your legal team. Other legal tech and legal services companies, including Rocket Lawyer, Clio, Reveal and Ironclad, have scored funding from venture capital and private equity firms in 2021 as investors eye the promise of technology and digitization in legal. ContractPod AI offers many features, but it is clear the design was well thought out, as it offers the tools you will use, and not the bells and whistles you wont. Not only does ContactPod AI offer numerous helpful reports, but there is also the option to create a custom report with ease. Plus, register now and stand a chance to win one of 200 Photon 2s - a WiFi device perfect for building and prototyping. "We are pleased to launch ContractPodAi Cloud, a truly revolutionary unified legal platform," said Sarvarth Misra, CEO of ContractPodAi. If you have further comments or suggestions that you wish to share, please reach out to your customer service agent or email connect@contractpodai.com. ", "It took a lot of drive internally, and the help of a great contract management system. "ContractPodAi Cloud is crafted according to the most advanced principles of modern legal design thinking. The negotiation portal has also been helpful for communicating and negotiating with vendors. Q: What pricing for training is available for ContractPodAi. Our CLM solution is part of ContractPodAis One Legal Platform that supports your everyday legal needs. ContractPodAi, a contract-lifecycle-management startup, snagged a $115 million Series C in October. The investment marked the first legal-tech investment by either of SoftBank's Vision Funds. Our Management couldnt get over that the legal department helped improve cashflow. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. We will follow-up with you to further discuss how we can improve your experience. Q: What pricing for support is available for ContractPodAi? At the beginning, we had very poor customer service from a project manager - emails were unanswered and amendments to our template agreements were not actioned. Our Customer Support team is available to offer more details on how it works! We needed a software that was more customizable to the nuances of our business, and Contract PodAi made the most sense. Very flexible platform , User-friendly and good support team. More information is available at ContractPodAi.com. You seem to have CSS turned off. OCR and scanning of PDF documents to make them readable is great - allows for detailed searches which helps with our conflict checking process. 06 Apr, 2021, 04:00 ET. Aside from the AI built on the IBM system, a great data repository for all the agreement, automatic contract creator, and collaboration tools I really liked the fact that there were friendly representatives who were always there to help us. How it Works: A Complete Walkthrough of ContractPodAi Unlike ContractPodAI which reportedly makes it challenging to search and query contract data, Juro allows users to capture critical contract data in seconds, with a data rich contract repository, real-time dashboard and powerful search functionality. Additionally, the platform provides real-time tracking of key metrics, making it easy to monitor the progress of your legal operations.The ContractPodAI has been really helpful to our organization, and it has done a great job of helping us meet our goals. We will follow-up with you to further discuss how we can improve your experience. They are willing to look for creative solutions that are unique to our business issues. It has really helped me turn around the impressions about legal. This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. Start simple and grow. ContractPodAi is headquartered in London and has global offices in San Francisco, New York, Glasgow, Chicago, Sydney, Mumbai, and Toronto. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Across both pre-built applications and configurable applications, the platform leverages an embedded toolkit of AI functionality like document review, cognitive search, and advanced analytics solutionized for each use case. The round quintupled ContractPodAi's valuation since its last funding round in 2019, though the company declined to disclose specific valuation numbers. Using powerful and market-leading cognitive technology, machine learning, and natural language processing, the system comes fully loaded with advanced features, including a smart repository, easy-to-use templates, guided workflows, auto-document generation . For more information, please . Click here to view the ContractPodAi Cloud Brochure. Sara ZammitCommunications Specialist[emailprotected]+1 (647) 405-3197. "I think that's where the larger funds would want to place their bets.". ContractSafe's easy to use platform offers an alert system for approaching contract deadlines, Avvoka is a document automation, negotiation and analytics tool designed to help law firms, in-house legal teams and businesses (of all sizes) draft documents, negotiate them, and leverage data insights from that process to draft better documents, and get to yes faster. ContractPodAi Cloud provides corporate legal and non-legal users complete visibility, command, and control over the entire legal lifecycle of the business. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Misra used a graph to better illustrate how nascent the legal-tech market is. Then the alerts on key contract dates and renewals is making sure we are tightening our own timing on accounts receivable. I also liked the whole digital transformation process they bring in. - Ability to do compare of versions, to see any changes accross the versions. The use of cognitive technology, machine learning, and natural language processing to deploy for legal and non-legal users in legal management Their features include templates, guided workflows, auto-document generation, collaboration tools, e-signatures, third-party document review, AI analytics, - Ability to search for contract template that we need, quickly and accurately. The ContractPodAi contact was very helpful and made even this function easy. ContractPodAi Cloud amplifies your businesss readiness through our partnerships with complementary technology providers including IBM, Microsoft, DocuSign, and Salesforce.