Accelerate Time to Contract by as much as 80% while reducing contracting risk

Name: ContractAI
Brand: APP ORCHID INC
Rating: 3.5 (1 reviews)

3.5 rating1

AI-powered SaaS-based solution that automates, streamlines analysis, creation, and negotiation of contracts. A seamless integration with SAP Ariba utilizes AI to automatically ingest and analyze historical contracts to author templates based on terms that were proven win-win, without any coding

By APP ORCHID INC

Overview

Accelerates Time to Contract

Innovative process reduces the contracting time by as much as 80% resulting in over 60% productivity savings. ContractAI utilizes AI to automatically ingest and analyze historical contracts to author templates based on terms that were proven win-win.

Reduces Contracting Risk

Pre-vetted supplier options eliminates the associated risks of passing versions between parties. ContractAI helps you easily understand negotiation boundaries, legal and compliance implications, obligation intents and permissible thresholds, so you can make better contracting decisions.

Eliminates Manual Searching

Leverages AI to direct you to high risk areas and where the most efficiencies can be gained. Automated Ingestion & Data Extraction is 100% Automated ingestion of word, pdf and scanned contracts that is completely configurable.

Details

Solution Type

Extensions and Add-ons

Industry

Cross-Industry

Compatibility

Works with

SAP Ariba Supplier Risk

SAP Ariba Buying

Features

Automated Ingestion & Metadata Extraction

Ability to ingest a wide array of templates and documents PDFs, OCRs, PowerPoints, Emails, Web Assets, etc. automatically. Extraction of all key data and contract language is 100% automated.

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AI Powered Analytics

Easily analyze negotiation boundaries, legal and compliance implications, obligation intents etc. not possible with traditional analytics software. ContractAI leverages AI to transorm the contracting process.

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Innovative Clause and Template Authoring

Historical contracts and templates are analyzed and a bespoke template including clause options is created based on terms that have proven to be historically win-win

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Plans and pricing

Price Upon Request Edition

Advanced Search

AI Powered Analytics

Automated Ingestion and Metadata Extraction

Advanced search

AI Powered Analytics

Automated Ingestion and Metadata Extraction

Price upon request

Has prerequisite

See all pricing details

Advanced Search

AI Powered Analytics

Automated Ingestion and Metadata Extraction

Advanced search

AI Powered Analytics

Automated Ingestion and Metadata Extraction

Technical Information

Technical details

Solution Type	Extensions and Add-ons
Category	Artificial Intelligence
Industry	Cross-Industry
Works with	SAP Ariba Supplier Risk SAP Ariba Buying

Deployment and operations

The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.

Deployment	Integrates with SAP Cloud solutions This product integrates with SAP cloud solutions using standard SAP-approved interfaces and APIs. Software-as-a-Service solution This product is delivered online as a subscription service. Cloud Solution This product is designed to be delivered over a network as a cloud service. User Assistance provided Assistance is provided to enable all target users to install configure, and use the solution. Deployed on server This product is an on-premise/hosted solution designed to be downloaded and deployed on a server. Deployed at scale on device This product is designed to be downloaded and deployed at scale on devices (e.g. mobile applications, intelligent agents, etc.)
Globalization	Internationalized for global customers This product has been internationalized to meet the needs of global customers (e.g. the use of Unicode). Localized for business best practices This product has been localized to incorporate local business best practices (e.g. support for local currencies).
Operations	Service Levels >99.5% This product achieves operational performance levels of 99.5% or greater. Auditable logging and tracing This product offers auditable logging and tracing capabilities to aid in debugging and troubleshooting. Meets SAP Store recommended Service Levels This product meets SAP Store-recommended service levels. High availability and disaster recovery This product has been designed to ensure minimal service interruption and quick restoration of service in the event of a disruption. Multi-tenant solution with full isolation and encryption This product utilizes a multi-tenant architecture with complete isolation and encryption of customer account data, policy and configuration settings. Meets recommended data lifecycle management standards This product meets SAP Store-recommended standards for data lifecycle management and data destruction.

Security and compliance

Security

Encrypted communication channels This product employs encryption to secure all communication channels.
Secured against software vulnerabilities This product has been secured against common software vulnerabilities, such as operating system, SQL injection, memory corruption, and information leak vulnerabilities.
Follows the secure software development and operations lifecycle (SDLC) Secure practices include design, architecture, implementation, test, release preparation, shipment, operations, and support. Open-Source components run latest version.

Compliance

Functional correctness This product has been tested for functional correctness using real-life business scenarios of customers.
ISO 27001 (Information Security Management) This product meets the standards for information security management specified by ISO 27001.
Open source attribution This product complies with the fulfillment of notice and attribution requirements for open source products.
SOC 1 and SOC 2 A18:C26 This provider complies with relevant AICPA standards for internal controls over financial reporting and for information system security, availability, processing integrity, and confidentiality or privacy.
Open source representations, warranties, and support This product complies with the representations, warranties, and support requirements for open source and freeware products.
ISO 12207 (Software Lifecycle) This product meets the standards for software lifecycle processes specified by ISO 12207.

+1-800-872-1727

Accelerate Time to Contract by as much as 80% while reducing contracting risk

Overview

Accelerates Time to Contract

Reduces Contracting Risk

Eliminates Manual Searching

Minimizes Contracting Friction

Details

Solution Type

Industry

Compatibility

Works with

Features

Automated Ingestion & Metadata Extraction

AI Powered Analytics

Innovative Clause and Template Authoring

Contract Templates that Evolve Over Time

Plans and pricing

Price Upon Request Edition

Customer reviews

Technical Information

Technical details

Deployment and operations

Security and compliance

Resources

Publisher

APP ORCHID INC

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