Cloud Contracts 365 is a contract management tool designed to streamline legal processes with practical functionalities. Its product suite revolves around the creation, review, and management of contracts.
With its intuitive contract builder, users can quickly generate contracts from simple questionnaires and standardised templates, specifically tailored for tech businesses.
Additionally, it provides an AI-enabled contract review mechanism, offering useful insights into risk severity and facilitating swift and effective negotiations.
The platform delivers a visual representation of contract risk scores for better understanding and decision-making. For contract management, Cloud Contracts 365 operates as a single-source-of-truth for all contracts, enabling centralisation of contracts, integration with e-signature tools for swift signings, and automated reminders for contract renewals.
It seeks to cater to different teams such as leadership, sales, in-house legal, finance, and operations, offering dedicated solutions to organise, analyse, optimise contracts, create contracts quickly, review contracts 24/7/365, manage legal risk cost-effectively, and standardise and streamline workflows.
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Pros & Cons
Intuitive contract builder
Standardised templates for tech
Visual risk severity insights
Streamlines negotiations
Centralised contract database
Integrated e-signature tools
Automated contract renewal reminders
Tool for varying teams
24/7/365 contract reviews
Legal process automation
Risk mitigation capabilities
Contract analytics
Affordable compared to lawyer
Clause-by-clause analysis option
Instant risk score
Contracts reviewed in minutes
All contracts in one platform
Helps prepare for exit
Single-source-of-truth for contracts
Facilitates quick contract creation
Solutions tailored for tech businesses
Feedback grouped by risk severity
Speeds up sales cycle
Visualisation of contract risk
Identifies risks and mitigation
Mitigate business legal risk
Improves negotiation strategies
Contract lifecycle management
Workflow optimisation solutions
Contracts tailored for technology businesses
Best-in-class contract templates
Contracts created to close faster
Only for tech businesses
Limited contract templates
Doesn't support non-English languages
No smartphone application
Potentially high learning curve
Lacks offline mode
Exclusively cloud-based
Unclear pricing details
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