Contractify vs Legly Detailed comparison features, price

Contractify

Contractify is a comprehensive contract management solution designed to help organizations of all sizes manage their contracts effectively. The platform leverages AI, through its 'ADA' feature, to automate tasks like contract analysis and data extraction, saving valuable time and minimizing errors.

With Contractify, businesses can centralize their contract repository, automate follow-up tasks and approval workflows, and gain a clear overview of all contracts and related information. The software provides robust security and reporting features, ensuring contract compliance and maximizing revenue potential.

Legly

Legly utilizes artificial intelligence to streamline the contract review process for businesses, law firms, and legal tech vendors. The platform reads business contracts in seconds, identifying potential risks and opportunities. It highlights deal-breakers and missing clauses based on user preferences, helping users gain confidence before signing agreements.

Legly extracts key metadata from contracts, which can be used to populate various systems like CLM, CRM, or SRM. It offers visual contract portfolio overviews and smart search capabilities for efficient contract management and analysis. The tool supports PDF, scanned PDF, and Word document uploads.

Contractify

Pricing

Paid

From 161$

Legly

Pricing

Freemium

From 29$

Contractify

Features

AI-assistant ADA: Instantly scans documents for metadata (like end dates, notice periods, counterparties etc.), saving hours on reading & registering contracts.
Automated Follow-Up Tasks: Never miss a contract deadline with automatic contract tasks & notifications.
Approval Workflows: Streamline contract procedures & define clear contract responsibilities.
Centralized Contract Repository: Keep all contracts and related info in one smart repository.
Validated e-signature: Includes e-signature credits for secure and legally binding online contract signing.
Reporting: Extensive contract reporting to track statuses, progress and due tasks.

Legly

Features

AI Contract Review: Reads business contracts in seconds using AI to identify risks and opportunities.
Deal-breaker Highlighting: Automatically flags deal-breakers and missing clauses based on user preferences.
Metadata Extraction: Extracts key data from contracts for populating CLM, CRM, SRM, and other repositories.
Contract Portfolio Visualization: Provides a visual overview of contract portfolios for easy analysis.
Smart Search: Enables users to find specific information within contracts efficiently.
Multiple Format Support: Accepts uploads in PDF, Scanned PDF, and Word formats.
Customizable Review Guidelines: Allows enterprise users to set customized review guidelines.

Contractify

Use cases

Minimize risks and maximize contract revenue for legal teams.
Save time and contribute value to the business for finance teams.
Improve communication and collaboration on contracts for management teams.
Centralize contract management for organizations in various industries like Finance, Banking, Renewable energy, Business consulting, Retail, Software, and HR.