Get accurate data with advanced AI contract review software
How to ensure strict compliance without slowing the sales cycles?
Check compliance and align contracts with regulations using artificial intelligence contract review.
How can I effectively manage contract obligations and deadlines?
Identify and track obligations with AI, and set reminders to avoid missing dates.
How do we know which customers are best suited for cross-selling or upselling?
Conga’s AI copilot helps you identify revenue-generating opportunities helping you make better decisions.
Can we rely on the decisions suggested by your artificial intelligence?
Yes, our AI-powered software provides reliable and accurate recommendations.
Power your workflows with AI contract analysis and management
Transform
Turn static documents into accurate, searchable data
Automate compliance checks using predefined criteria
Conga’s AI answers custom compliance-related questions automatically and allows you to view suggested language to amend documents and ensure consistency.
Extract text from contracts
Quickly and accurately extract text and data from tables and contracts for automatic tracking and reporting, then edit outdated annotations to improve data quality.
Generate custom AI
Create highly accurate, custom AI models in minutes, with no training required.
Accelerate
Faster contracts, increased control speed
Review documents faster
Automatically compare language to your negotiation playbook, so you can jump to high-risk clauses and ensure critical terms are covered.
Streamline negotiation
View suggestions to mitigate risk and AI suggested redlines and secure more favorable terms.
Decide
Make better decisions, quickly
Faster, better decisions
Instant AI contract summaries provide quick insights into large, complex contracts. Reduce manual review while identifying key terms and obligations, clarifying essential details like pricing and timelines for faster decision-making.
Instant answers
Procurement, sales, and legal can save hundreds and thousands of hours annually by getting AI answers to contract-related questions instantly, reducing time spent interpreting complex documents.
Manage
Anticipate and manage customer and supplier obligations
Track and manage obligations efficiently
Automatically identify and track multi-layered obligations such as payment schedules and renewal dates directly from contract text and tables. Hit key dates, prevent missed renewals and terminations and maintain strong business relationships.
Put contract data to work
Extract data from contracts and contracting processes to create charts and dashboards, which provide insight into compliance, renewal, expiration, obligations, cost, revenue, and risk.
Profit
Enhance business performance
Grow revenue
Use AI copilot to identify up-sell and cross-sell opportunities and execute timely price increases.
Identify cost-saving opportunities
Analyze and compare supplier terms, pricing and volume to uncover potential savings. Use AI to negotiate better deals and identify opportunities for up-sell and cross-sell, maximizing revenue and reducing costs.
Complete your revenue lifecycle with the Conga Platform
Conga Contract AI goes beyond simple automation—it’s a key component of a unified platform designed to elevate your entire Revenue Lifecycle Management.
See how our solutions integrate to streamline workflows, ensure compliance, and drive better business outcomes.
Boost contract efficiency
Speed up contract cycles, reduce risk, and ensure better control and visibility throughout the contract lifecycle by using Contract AI and Conga CLM in synergy.
Ensure accurate pricing in contracts
Use Conga CPQ and Contract AI together to automatically incorporate pricing, terms, and configurations from CPQ into contracts.
Generate contracts
Automatically create error-free, data-driven smart contracts leveraging Contract AI to analyze those documents for compliance, risk, and optimization opportunities.
Create smoother financial operations
Accelerate your contract-to-cash processes using Contract AI to ensure all billing terms in contracts are accurate and compliant while automating invoicing, payments, and renewals with Conga Billing.
Increase efficiency with intelligent contract management
Join our customers to receive tangible results by incorporating AI in their contract lifecycle management.
0
Hours/attorney/year reclaimed by reducing contract review
0
%
Reduced manual data entry with AI
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%
Improve compliance with contract review
Ready to bring intelligence to contracts with AI?
Unlock your contract’s data to negotiate faster and confidently manage more contracts with AI. Request a demo to see how Conga Contract AI automates reviews, mitigates risks, and accelerates your contract lifecycle.
Resources to unleash the power of AI in contract management
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Why companies are replacing legal tech with AI and CLM solutions
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Contract AI: Definition, Benefits & How To Use It in 2024
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02/01/20248 min read
Frequently asked questions
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What is Contract AI?
Contract AI is the use of advanced AI and machine learning technologies to analyze, manage, and extract insights from contracts. It enables automated data extraction, compliance checks, risk assessment, and efficient management of contract lifecycles, improving accuracy and efficiency in handling contractual documents.
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How does AI benefit contract management?
Intelligent contract management provides faster contract review and negotiation while increasing control and compliance to reduce risk. Our AI also identifies and manages obligations to ensure you and your suppliers fulfill your commitments.
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How does Conga’s AI software work?
Contract AI uses artificial intelligence to extract key data from contracts, analyze compliance with regulations, and identify risks. It helps you negotiate faster and confidently manage a higher volume of contracts while increasing compliance to improve your contract management processes.
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Can I process legacy contracts, third-party paper, and M&A documents?
Yes, Conga’s AI processes all contract types, including legacy third-party and M&A documents. Our AI extracts data from tables and text and converts it into actionable data in our contract lifecycle management system.
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How is Conga’s AI different from what I use?
Conga’s AI is the most ethical and comprehensive suite of AI contract management software. It uses artificial intelligence to rapidly extract and analyze data, assess compliance, and manage risks, whereas traditional solutions may rely heavily on slow, manual and error-prone processes.
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What are Conga’s ethical AI principles?
Conga follows these ethical AI principles to ensure that you are always at the center:
- Transparency and explainability: We make it easier for you to understand how our AI makes decisions.
- Fairness and non-discrimination: Conga actively addresses and mitigates potential biases in our algorithms and datasets so you always receive equal treatment.
- Privacy and security: Your data is protected with the highest security measures.
- Human oversight and accountability: We believe AI should be a tool to empower humans, not replace them. Hence, we maintain human control over AI features to support your needs.
- User control and choice: You can opt out of AI-driven features and personalization if you prefer.
- Continuous improvement: We recognize that AI is a constantly evolving field and are committed to ongoing research to keep our AI practices ethical and responsible.