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Contract management

Cloud Contracts 365 ✓

Streamline legal processes with AI-powered contract management.

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Contract Management AI Contract Tool Contract Creation
More categories (4)
Legal Tech Contract Review Legal Process Automation Contract management
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Trial; then from $120.84/mo

Verdict

A quick read before you dig into the full page.

Best if
Streamline legal processes with AI-powered contract management
Skip if
Potentially high learning curve
Pick this when
Intuitive contract builder

Considering Juro's Legal AI Assistant instead? Compare side by side

Overview

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.

Cloud Contracts 365 website

Access & connections

Where you can use Cloud Contracts 365.

Platforms

Web

Capabilities

What this tool accepts, produces, and is strongest at.

Input

  • Tabular
  • Text

Output

  • Text

Pros & cons

Pros

  • 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
Show 24 more
  • 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

Cons

  • 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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Releases 1

Initial release April 19, 2024 Current
Initial release of Cloud Contracts 365.

FAQ 12

What is Cloud Contracts 365?
Cloud Contracts 365 is a contract management tool that utilises artificial intelligence to streamline legal processes. It provides functionalities focused on contract creation, review, and management with a focus on technology businesses. It also offers an intuitive contract building tool and an AI-enabled contract review mechanism.
How does Cloud Contracts 365 streamline the contract creation process?
Cloud Contracts 365 streamlines the contract creation process with its intuitive contract builder. It allows users to quickly generate contracts based on simple questionnaires, which are then filled in using standardised templates that are specifically tailored for technology businesses.
What are the functionalities of Cloud Contracts 365?
Cloud Contracts 365 offers functionality that encompasses every stage of the contract management process. This includes creation, review, management, and renewal of contracts, alongside integration with e-signature tools for quick contract signings. The platform operates as a single-source-of-truth for all contracts, centralising them in one location and ensuring contract information is accurate and up-to-date.
Can Cloud Contracts 365 review contracts?
Yes, Cloud Contracts 365 can review contracts. It houses an AI-powered contract review mechanism which breaks down the contract clause by clause, identifying risks, and providing guidance on how to mitigate them.
What insights does the AI contract review mechanism of Cloud Contracts 365 provide?
Cloud Contracts 365's AI contract review mechanism provides a clause-by-clause analysis of contracts, identifying risks and offering guidance on how to mitigate them. The reviews are grouped by risk severity, which helps users understand their positions better and aids in the negotiation process.
What kind of visual representation does Cloud Contracts 365 offer for contract risk scores?
Cloud Contracts 365 offers a simple visualisation of each contract's risk score. This instant risk score feature facilitates a quick understanding and allows users to assess the risk severity of a contract at a glance, supporting informed decision-making.
In what way does Cloud Contracts 365 integrate with e-signature tools?
Cloud Contracts 365 integrates with e-signature tools to expedite the contract signing process. The e-signature feature helps accelerate deal closures by eliminating the need for physical signatures, thus promoting efficiency and convenience.
How does Cloud Contracts 365 manage contract renewals?
Cloud Contracts 365 manages contract renewals by sending automated reminders to users about upcoming renewals. This ensures key dates are not missed, fostering efficient contract lifecycle management.
What teams is Cloud Contracts 365 designed for?
Cloud Contracts 365 is designed to cater to various teams within an organisation. This includes leadership, sales, in-house legal, finance, and operations. By offering dedicated solutions that cater to the unique needs of each team, the platform ensures comprehensive contract management across the board.
Can Cloud Contracts 365 be used to standardise and streamline workflows?
Yes, Cloud Contracts 365 can be used to standardise and streamline workflows. It helps standardise contracts, improve accuracy and increase efficiency by automating contract creation based on user-supplied questionnaire responses.
How does Cloud Contracts 365 aid in legal risk management?
Cloud Contracts 365 aids in legal risk management by providing in-depth contract reviews around the clock. With AI capabilities, it identifies and groups feedback by risk severity and provides guidance where necessary, enabling users to manage their legal risks more cost-effectively.
Which contract templates are available on Cloud Contracts 365?
Cloud Contracts 365 provides a collection of standardised contract templates suitable for tech businesses. The contract templates available include Master Services Agreement, Letter of Agreement, Non-Disclosure Agreement, Professional Services Agreement, Managed Services Agreement and SaaS Agreement.
Cloud Contracts 365 Trial; then from $120.84/mo
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