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Cloud Contracts 365

Cloud-Contracts-365

Description

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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Features
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Pros
24/7/365 contract reviews
Affordable compared to lawyer
All contracts in one platform
Automated contract renewal reminders
Best-in-class contract templates
Centralised contract database
Clause-by-clause analysis option
Contract analytics
Contract lifecycle management
Contracts created to close faster
Contracts reviewed in minutes
Contracts tailored for technology businesses
Facilitates quick contract creation
Feedback grouped by risk severity
Helps prepare for exit
Identifies risks and mitigation
Improves negotiation strategies
Instant risk score
Integrated e-signature tools
Intuitive contract builder
Legal process automation
Mitigate business legal risk
Risk mitigation capabilities
Single-source-of-truth for contracts
Solutions tailored for tech businesses
Speeds up sales cycle
Standardised templates for tech
Streamlines negotiations
Tool for varying teams
Visual risk severity insights
Visualisation of contract risk
Workflow optimisation solutions
Cons
Doesn’t support non-English languages
Exclusively cloud-based
Lacks offline mode
Limited contract templates
No smartphone application
Only for tech businesses
Potentially high learning curve
Unclear pricing details

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