Contracts span multiple stakeholders across different departments. But dedicated time is needed from the in-house legal team to manually create and review contracts. This creates bottlenecks in the sales cycle that impact revenue generation.
Put an end to outdated manual contract review processes.
Summize is powered by AI and allows legal teams to seamlessly review and analyse contracts, speeding up negotiation cycles. With accurate contractual summaries for post-signature contract reviews, legal teams can reduce legal risk in minutes.
Identify and automatically extract key dates and add them to the calendar, with built-in reminders. Never miss a renewal or contract termination date again. Areas of concern are instantly red flagged for quicker and more accurate contract reviews.
Legal and business users can collaborate in familiar tools, with first pass contract reviews executed in <5 minutes. As the legal front door, Summize makes contract reviews faster and consistent via Teams and Slack.
Summize accelerates contract reviews by 85%, reducing legal risk in minutes and removing legal bottlenecks from the sales cycle. Legal teams retain control with approved templates and content, with contract reviews managed easily within Microsoft Word.
According to a study by EY, an average of 19,000 - 50,000 contracts are created, managed and reviewed every year by contracting teams at large organisations.
Why not find out what that's costing your business?
The calculations included in these tables were taken from a number of reports including: Glassdoor, World CC, ACC, and Summize. They also do not include the price of Summize licences.
"As a lawyer, Summize's review functionality is invaluable. Identifying red flags before reviewing and seeing your playbook side-by-side = a huge time saver."
Executive Sponsor in Legal Services, Verified G2 Review
July 22nd 2022