SpotDraft Overview
Description
SpotDraft is an AI-driven contract management and automation solution designed for fast-growing companies. It offers end-to-end contract management services for legal, sales, marketing, human resources, business operations, and procurement teams. With its best-in-class platform, SpotDraft acts as a co-pilot for legal teams, helping them optimize the contract management process by eliminating inefficiencies and reducing repetitive tasks. Streamline your contracting process with an intuitive interface, intelligent contract repository, customizable templates and workflows, and much more. SpotDraft integrates with popular SaaS tools, such as Salesforce, HubSpot, Slack, and Google Drive, delivering a seamless experience for global businesses, including Airbnb, Notion, STRAVA, Beamery, and Fidelity International. Founded in 2017 by a Harvard law graduate and two Carnegie Mellon computer engineers, SpotDraft raised $26 million in Series A funding in 2023 to further enhance its platform.Features
Deployment
Cloud
Mobile
Desktop
On-Premise
Support
Chat
Email
Phone
Video
Training
Digital Resources
In-Person
Live (online)
Contract Lifecycle Management
Contract Database Management
Contract Automation: Creation, Assembly and Drafting through signature
Contract Review, Monitoring and Analysis Post Execution
Smart Contracts
Blockchain Based
Distributed Ledger Based (Non Blockchain)
Contract Database Management
Access Controls
Audit Trail Tracking
Contract Analytics
Contract Metadata
Contract Repository and Database Management
Contract Repository Back-up and Recovery
Contract Search Full Text
Mobile Access to Contract Database
Contract Classification and Indexing based on user criteria
Contract Search by Classification, Indexing and Metadata
Offline Access to Contract Database
Contract Review
Monitoring and Analysis Post Execution
Contract Automation and Drafting (Through Signature)
Approval Process Management
Buyer/Seller Qualifications Tracking
Collaborative Drafting and Editing
Compliance Tracking
Completion Status Tracking
Contract Clause and Content Management
Contract Attachments Support
Contract Drafts - Review and Redlining
Contract Multi-Document Packages Support
Electronic and Digital Signature Integrations
Integrations with CRMs
Mobile Access to Contracts in Progress
Mobile Signature Capability
Pricing Integration
Proposal and RFP Generation
Quotes Preparation
Reports and Dashboards
Template and Forms Creation
Template and Forms Management
Templates - Prebuilt included
Version Control
Workflow Process Management
Contract Generation and Assembly from Templates, Forms and Clause Banks
Tracking, Alerts and Notifications - Workflow Status and Completion
Offline Access to Contracts in Progress
Contract Review and Analysis (Post Signature)
Contract Performance Monitoring (post execution)
Invoicing and Payments Management or Integrations
Renewals and Expirations Management
Reports and Dashboards
Tracking, Notifications & Reminders Post Execution
Contract Data Extraction, Due Diligence and Batch Comparison
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