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Spotdraft

Contract Lifecycle Management

Company Name

Draftspotting Technologies Private Limited

Year Founded

2017

Awards

NA

Headquarters

United States

Founders

Shashank Bijapur, Rohith Salim, Madhav Bhagat

Team size

201-500

Email

info@contractlogix.com.

Phone

+1 (555) 123-4567

About the product

SpotDraft is a comprehensive contract lifecycle management (CLM) tool including creation, reviews, and approvals. Key features include dynamic contract templates, integration with platforms like Salesforce and HubSpot, and customizable approval workflows.

Deployment
  • Cloud
Focus countries
  • United States
  • India
Mobile Accessibility
  • No
Average adoption time
  • 2-3 weeks average implementation time
Language
  • English

Overview

USP

SpotDraft distinguishes itself through its advanced AI capabilities, notably the VerifAI tool, which accelerates contract review processes by up to 70% directly within Microsoft Word. The platform's innovative use of artificial intelligence and machine learning enhances accuracy and efficiency in contract management.

Pain point addressed

SpotDraft effectively mitigates common contract management challenges by automating the extraction of key terms, thereby reducing manual review delays. Users benefit from customizable templates and automated workflows, which eliminate inefficiencies associated with manual contract drafting and approval processes.

Upcoming Updates

Unlocking new possibilities with future updates

Enhancing user experience through continuous improvement

Customer Segments

Target Users

Law firms
Startups
Enterprises
Individual Practitioner
In-House Counsels

Existing Distribution

Target Industries

Legal Services Providers
Education

Existing Distribution

Target Practice Areas

Corporate Law
Litigation
Intellectual Property
Regulatory

Sample Distribution

Target Client Team Size

1-10 employees
11-50 employees
51-200 employees
201+ employees

Sample Distribution

Process Lifecycle

Client Relationship Management

1

Intake

2

Assessment

3

Strategize

4

Represent

5

Communication

6

Review

Governance, Risk and Compliance

1

Coverage

2

Assessment

3

Validation

4

Implementation

5

Monitoring

6

Analysis

Features

Core Features
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Advanced Features
  • Feature 1 description
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Security Features
  • Feature 1 description
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Integration Features
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Analytics Features
  • Feature 1 description
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Support Features
  • Feature 1 description
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Pricing

Free Trial

14 days trial available

Time period (Free Trial)

2 weeks duration

Free version

Limited features available

Pricing parameter

Support & Services

Demo
Self-demo
Video demos
Supports
Phone
Live chat
Help ticket
Training
On-demand Training
Video Tutorials
User Manuals

Post Implementation

Maintenance

Available
Request for Change

Available
Training

Available
Data Migration

Available

Reference

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No reference video provided

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