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

Beagle.ai 

Finding the detail in a contract need not be painful, costly or time consuming. Understanding your contract minimizes business risk and provides exceptional efficiencies. Beagle™ sniffs out the fine print, so you don’t have to.™ Beagle is a productivity tool that analyzes contracts and presents key information in a clear and interactive way. Through highly sophisticated machine learning and artificial intelligence (AI) methods, Beagle can read a contract and within seconds highlight what you need to know. The responsibilities, liabilities, how to terminate, and more! Our market on ramp is SME's, 50 employees and less. Finance executives and senior leaders will be targeted. Reading contracts is not their core responsibility, but they are often tasked with it because they are the end decision makers. It takes time and resources to understand these contracts. Beagle provides an excellent return on time (ROT), at a negligible lost opportunity cost (LOC).

document automation, machine learning

Precisely 

Precisely's AI-powered contract automation platform helps companies streamline and take control of their contracts. Automated contract creation, document automation, electronic signatures, contract approval automation, digital archiving and smart monitoring of contracts - all in one place in the cloud.

approval automation, contract approvals, document management, machine learning, artificial intelligence, electronic signatures, document automation, contract automation, contract management


LawHawk Limited 

LawHawk makes advanced document automation easily available as a managed service. We are expert lawyers who can automate the most complex documents using the world's leading document automation software, HotDocs. We specialise in automating documents that others have tried and failed to automate. Working with customers' own documents, we do all the automation, and then can make the documents available via our secure website www.lawhawk.nz, removing the need to install and maintain any software. Prices are fixed in advance and only payable on satisfactory delivery. Delivery times are typically days or weeks, depending on the complexity of the job. We also have a range of "off the shelf" documents that can be bought on a pay per use basis within New Zealand - no subscriptions required.

document automation, document assembly, online legal documents