Introduction to Ironclad AI
Ironclad AI offers a cutting-edge suite of AI contract analysis and management tools that revolutionize the way businesses handle contracts. By leveraging advanced AI technologies, Ironclad AI enables organizations to unlock the valuable data within contracts, speeding up processes, driving powerful results, and enhancing overall operational efficiency.
AI Assist™ for Faster Contract Turnaround
AI Assist™, powered by generative AI, is a remarkable feature of Ironclad AI that accelerates contract turnaround times. By providing automatic redline suggestions based on custom guidelines set by your team through AI Playbooks, AI Assist™ simplifies contract review processes. This tool automatically scans contracts, identifies unapproved clauses, and redlines improper language for review, allowing your legal team to handle contracts more efficiently and effectively.
Automatic Contract Data Extraction with Repository
Ironclad's AI-powered Repository offers automated extraction of contract data using Optical Character Recognition (OCR) technology. This feature transforms unstructured data files into searchable text, automatically tagging and indexing essential contract data through Smart Import. With the ability to detect over 194 contract properties such as value, counterparties, and dates, the Repository eliminates the manual tagging process, providing accurate insights on how your company functions.
Streamlined Contract Review with AI-Powered Editor
Ironclad's AI-powered Editor simplifies contract review processes by converting any contract into a collaborative Word document. By leveraging AI Playbooks, the Editor automatically identifies key terms, flags risky areas, and suggests pre-approved clauses and replacement language. This tool significantly speeds up contract review times, allowing teams to focus on high-value work instead of line-by-line contract scrutiny.
Custom AI Training for Business Needs
Ironclad AI offers customized training capabilities to adapt AI models to unique business requirements. With the Custom AI features, organizations can create or train new clauses specific to their industry, ensuring that AI-detected contract properties fit their needs accurately. This level of customization enhances the accuracy and relevance of AI-powered features, reducing the time and effort required to manage and train the model.
Business Insights with Ironclad AI
Ironclad Insights provides businesses with actionable insights by analyzing contract data effectively. By reporting on key metrics like contract review times and upcoming renewals, Ironclad Insights helps companies make informed decisions with real-time data. Users can access pre-built or customizable reports, ensuring they have the necessary information to operate their business efficiently and effectively.