Contractify is an AI-driven contract management tool. Just chat easily with its legally trained AI assistant, Ada, for contract digitization, e-signature, contract obligation, and renewal. It makes contract reading and summarization 3x faster with artificial intelligence. It also comes with a dashboard and reports for building reports on the basis of data.
It also reminds you about deadlines and notice periods and makes it easier for teams to track and collaborate on contract status. If you are also looking for a contract automation tool, this will be your go-to buddy.
| Contractify Review Summary | |
| Performance Score | B+ |
| Assistant Quality | High-quality assistance |
| Interface | User-friendly Interface |
| AI Technology | Contract data extraction, Natural language processing (NLP), Workflow automation |
| Purpose of tool | Review your contracts for easy understanding and e-signing. |
| Compatibility | Web-based Platform |
| Pricing | Free trial + paid plan starts from € 161/Monthly |
Who is Using Contractify?
- Legal teams: Any legal team can use it to quickly understand any contract. So they don’t have to spend hours on manual efforts. They can just give their contracts to Ads for a quick summary.
- Compliance officers: They can also use it to make their work quick with a Contractify AI assistant called Ada. It saves them money not to hire any lawyer.
- HR departments: HR is the main department that has contract-based work in the corporate world. They can also use it to make their work easy.
- SMBs: Small to large businesses can manage contracts easily with only a single AI tool. So they don’t have to hire multiple teams for it.
- Administrators: A contract manager and administrator who wants to go through a contract for data extraction and e-sintering can use it easily.
Contractify Key Features
| Automated Workflows | Contract Digitization | E-Signing |
| Deadline Notifications | AI-Powered Data Extraction | Collaboration Tools |
Is Contractify Free?
It comes with a free trial, while the paid plan comes with two subscription models.
The lite plan costs € 161
- unlimited amount of contracts
- automated follow-up tasks
- extensive contract reporting
- 3 users
The professional plan costs € 361
- all lite features
- approval workflows
- AI-assistant
- Five users
Contact Them: info@contractify.fr
Contractify Pros & Cons
Pros
- Read contracts like a personal assistant.
- Remind you about deadlines, notice period, and more.
- Studies contracts, extracts data, and automates workflow.
- Support e-signing for smooth collaboration.
Cons
- It might be a costly tool for small businesses.
- Offer a learning curve for new users.
- Requires integration with other tools for full functionality.
FAQs
Does Contractify offer integration with other tools?
Yes, it offers integration with various business tools, and you can even integrate it with your business tool with seamless contract management.
What kind of contracts does Contractify manage?
Yes, it easily manages multiple contracts, including legal agreements, vendors, and other employment documents.
How does Contractify automate workflow?
It offers customization approval workflows for automating tasks like contract review and contract processing to save time and money.
