Vaultedge Software

Vaultedge automates Legal Contract reviews. The software helps lawyers as well as other business users to automatically review contracts, identify risks, make changes and create summaries. Users save upto 90% of time reviewing contracts using Vaultedge. Reviewing contracts and identifying obligations & risks is a critical process in Contract management. Today this process is completely manual with legal and contract management professionals reading through contracts, comparing with standard approved positions and identifying risks. Each such review takes 3 to 4 hours. This leads to long contract negotiating cycle leading and lost or delayed revenues. Vaultedge uses artificial intelligence (AI) and machine learning to understand Contracts the way a lawyer does. With Vaultedge, you can upload a contract and see the risks (deviations from standard template) highlighted in less than 60 seconds. Vaultedge also suggests alternate language for clauses. We achieved this by building an AI platform for unstructured data and training it over 1000s of contracts to accurately identify more than 300 clauses and data points. Using Vaultedge, companies can save 90% of time spent reviewing contracts. Most importantly, with Vaultedge any body can accurately review contracts.


Overview

StatusActive
CategoryDocument Automation
HeadquartersBangalore, India
Founded2015
Tags contract review, contract abstraction, contract analysis, document automation, contract automation, legal technology
Websitewww.vaultedge.com
Social

Crunchbase

Related companies


Weblaw AG 

Weblaw is a Berne (Switzerland) based specialist providing a daily work basis for scholars and practicing law professionals. The company offers a wide range of market information, scientific knowledge and services for all legal needs. Weblaw is a developer of automation and search technology, a specialized editor with a strong online and new media focus as well as a consulting company.

legaltech, jusletter, lawsearch, lawsearch enterprise, escrow, publishing, document automation, legal research, legal education

Kira 

Contract analysis using machine learning

document automation, machine learning, contracts

DirectLaw 

DirectLaw provides a virtual law firm platform for solos and small law firms that enables these law firms to deliver legal services on-line. DirectLaw incorporates a web-enabled document automation solution with libraries of state specific documents that supports the delivery on "unbundled" legal services for a fixed fee. DirectLaw provides law firm subscribers with a free authoring system that empowers these firms to author their own dynamic documents and publish them to their DirectLaw Virtual Law Firm platform. DirectLaw's target market is solos and small law firms.

document automation, virtual law firm platform, document assembly, client portal

Legaliboo Tech, S.L. 

Online contract automation solution in Spanish. Also available as a license technology for law firms (white labeled service) in order to provide a contract automation online service for their own clients.

contract automation

Klarity 

Klarity uses Artificial Intelligence to review sales contracts under your company legal policy. Klarity pulls contracts from your emails and databases and returns them reviewed in a Word format with annotations and redlines along with a summary. Your company experiences accelerated sales and higher compliance without having to think of contract review anymore. Klarity was founded by Andrew Antos, a Harvard lawyer with experience from BigLaw, and Nischal Nadhamuni, a MIT Computer Science graduate with background in Artificial Intelligence. You can read Klarity's full story here and here.

nlp, natural language processing, contract abstraction, contract analytics, contract review, ai, artificial intelligence