AI TOOL PROFILE
Contracts 365: Contract Lifecycle Management for Microsoft 365
- Operations
- Contract Management
- Microsoft-centric organizations
- Mid-market companies
- Enterprise companies
- Legal Operations teams
- Procurement departments
Pricing
Pricing was not clearly available from the provided evidence. Two editions are available: Standard for smaller and medium-sized teams, and Enterprise for larger organizations. Buyers should confirm current pricing on the vendor website.
At a glance
- Best for
- Microsoft-centric organizations, Mid-market companies, Enterprise companies, Legal Operations teams, Procurement departments
- Key use cases
- Standardizing Contract Intake, Supporting Negotiation Cycles, Centralizing Document Storage, Monitoring Contract Obligations
- Integrations
- Microsoft 365, Microsoft Dynamics 365, Salesforce, DocuSign, AdobeSign
- Official website
- Visit contracts 365 official website
How AI is used
Contracts 365 is a contract lifecycle management (CLM) solution that operates within a company's Microsoft 365 tenant. It uses SharePoint as the contract repository, which allows businesses to leverage their existing security and identity protocols.
The software is designed for teams managing high contract volumes and operational complexity. It supports digital workflows from initial request and authoring through to execution and storage.
Key capabilities include AI-driven metadata extraction and negotiation support, which may help identify risks and suggest redlines. It also provides role-based governance and reporting to track contract obligations.
Buyers should confirm their organization's investment in the Microsoft ecosystem, as the tool is built for integration with Microsoft 365, Dynamics 365, and the Power Platform.
Key Features
AI Extraction Companion
Identifies and extracts key metadata and clauses from contracts to support ingestion and risk identification.
AI Negotiation Companion
Analyzes contract language within Microsoft Word to suggest redlines and compare clauses against company standards.
SharePoint Repository
Uses the organization's existing SharePoint environment to store contract documents.
Automated Workflows
Supports digital processes for contract requests, intake, review, and approval.
Metadata-Driven Search
Helps users find and report on contracts based on specific data fields.
Role-Based Governance
Provides permission controls and audit trails to manage contract access.
Use Cases
Standardizing Contract Intake
Using automated workflows to manage how contracts are requested and submitted for review.
Supporting Negotiation Cycles
Using AI to suggest alternative language and redlines during the contract review process.
Centralizing Document Storage
Moving contracts into a single, governed SharePoint repository.
Monitoring Contract Obligations
Using metadata and reporting to track deadlines and post-execution obligations.
Integrations
- Microsoft 365
- Microsoft Dynamics 365
- Salesforce
- DocuSign
- AdobeSign
- Microsoft Power Platform
FAQ
How does Contracts 365 handle document storage?
- It uses SharePoint as the contract repository, so documents are stored within the customer's own Microsoft 365 environment.
Does Contracts 365 include AI features?
- Yes, it includes AI Companions for metadata extraction and negotiation support, which can suggest redlines and summarize contracts.
Who is the intended user for this software?
- It is designed for mid-market and enterprise organizations, particularly legal, procurement, and sales teams using Microsoft 365.
What are the available pricing plans?
- Contracts 365 offers Standard and Enterprise editions with personalized pricing based on organizational needs.
Source category: Operations
Source subcategory: Contract Management
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