Legitt AI vs Contracts 365 Detailed comparison features, price

Legitt AI

Legitt AI provides an AI-native platform designed to enhance contract lifecycle management (CLM) and sales processes. The system utilizes artificial intelligence to assist businesses in creating, reviewing, signing, automating, and tracking contracts efficiently within a single platform. It aims to accelerate deal closures, ensure compliance, and simplify overall contract management workflows, ultimately transforming contracts into revenue drivers.

Beyond core CLM, Legitt AI offers tools for analyzing vendor contracts to improve sourcing decisions and monitor vendor performance. Its assistive sales intelligence features support opportunity management, customer negotiation, and pricing optimization. The platform includes Lana Al, an intelligent assistant that provides actionable insights, automates repetitive tasks, and offers personalized recommendations to streamline operations from lead generation to revenue tracking.

Contracts 365

Contracts 365® is a robust, AI-powered contract management solution tailored for businesses operating within the Microsoft 365 ecosystem. This cloud-based platform streamlines every stage of the contract lifecycle, from creation and negotiation to execution, storage, compliance, and renewal. Leveraging Microsoft's AI technology, Contracts 365 introduces advanced features including automated metadata extraction, AI-assisted negotiation, and in-depth workflow management to boost contract throughput, reduce risk, and ensure accuracy.

The software is enhanced with AI Companions that help organizations save time and minimize manual tasks through intelligent data extraction, automated alerts, and seamless integration with tools like Dynamics 365, Salesforce, and popular eSignature solutions. Its intuitive dashboards, personalized workflows, and robust reporting equip users with immediate visibility and comprehensive control over their contracts, supporting industries with high contract volumes such as healthcare, finance, and technology. All documents are secured within the Microsoft hybrid cloud and SharePoint environment, ensuring compliance and data privacy at enterprise scale.

Pricing

Legitt AI Pricing

Freemium

From $15

Legitt AI offers Freemium pricing with plans starting from $15 per month .

Contracts 365 Pricing

Contact for Pricing

Contracts 365 offers Contact for Pricing pricing .

Features

Legitt AI

AI Contract Lifecycle Management: Create, e-sign, automate, and track contracts on one AI-native platform.
Assistive Sales Intelligence: Utilize AI for opportunity management, customer negotiation, and pricing optimization.
Vendor Contract Management: Analyze, compare, assess, negotiate, and track vendor contracts and performance using AI.
AI Contract Generator: Automatically create legally-binding contracts using AI algorithms.
AI Contract Review: Analyze contracts for inconsistencies, risks, and errors with AI.
AI Repo Analyzer: Examine entire contract repositories for insights and risk mitigation.
AI Contract Tracking: Monitor contract lifecycles, status, milestones, and deadlines automatically.
Lana Al Assistant: Provides AI-powered insights, workflow automation, and personalized recommendations.
Electronic Signatures: Integrated e-sign capabilities for faster contract execution.
Workflow Automation: Automate repetitive tasks, approvals, and contract renewals.

Contracts 365

AI Companions: Automated contract metadata extraction, negotiation assistance, and workflow optimization powered by AI.
30-Second Contracting: Perform essential contract tasks quickly with an intuitive, user-centric interface.
Seamless Integrations: Native integration with Microsoft 365, Dynamics 365, Salesforce, DocuSign, and Adobe Sign.
Contract Lifecycle Management: Comprehensive solution for contract creation, negotiation, execution, storage, and renewal.
Self-Service Functionality: Empower users to generate, manage, and approve contracts with minimal training.
User-Specific Dashboards: Personalized, role-based widgets and KPIs for instant access to contract information.
World-Class Security: Enterprise-grade security leveraging Microsoft's hybrid cloud and SharePoint.
Alerts and Notifications: Automated reminders for expirations, renewals, and required actions.
Robust Search and Reporting: Advanced tools for searching, tracking, and managing contracts.
Obligation and Compliance Management: Extract and monitor contract obligations for improved compliance.

Use Cases

Legitt AI Use Cases

Accelerating sales cycles and closing deals faster.
Streamlining the entire contract lifecycle from creation to renewal.
Managing and analyzing sales contracts for improved revenue.
Optimizing vendor sourcing through AI-powered contract evaluation.
Negotiating and finalizing vendor contracts efficiently.
Monitoring vendor compliance and performance in real-time.
Improving the quality of proposals, quotes, and estimates.
Automating contract approvals and workflows.
Centralizing customer data management for sales insights.
Reducing operational costs associated with contract management.

Contracts 365 Use Cases

Automating contract creation, approval, and renewal processes for enterprises.
Managing complex contract obligations and compliance in regulated industries.
Integrating contract management with CRM systems such as Dynamics 365 or Salesforce.
Accelerating contract negotiations using AI-driven redlining and version control.
Centralizing supplier and property contract management for large organizations.
Improving contract visibility and accessibility via customizable dashboards.
Reducing manual data entry and errors with AI-powered metadata extraction.
Supporting procurement teams in streamlining supplier agreements.

FAQs

Legitt AI FAQs

What are the challenges in implementing a CLM solution?

Challenges include resistance to change, the complexity of migrating existing contracts, integration with other systems, ensuring user adoption, and aligning the CLM solution with business processes.
How does CLM ensure confidentiality and data privacy?

CLM ensures data privacy and confidentiality through secure data handling practices, access controls, compliance with privacy laws, and safeguarding sensitive contract information.
What does the future hold for CLM technology?

The future of CLM includes increased AI and machine learning integration for predictive analytics, enhanced mobile accessibility, and improved integration with other business technologies.
Can Legitt AI integrate with ERP systems?

Yes, Legitt AI can integrate with various ERP systems, offering a comprehensive approach to enterprise resource and contract management.
Does Legitt AI provide contract lifecycle visualization?

Yes, Legitt AI offers visual representations of the contract lifecycle to improve understanding and management.

Contracts 365 FAQs

What integrations are available with Contracts 365?

Contracts 365 integrates natively with Microsoft 365, Dynamics 365, Salesforce, DocuSign, and Adobe Sign to streamline contract management workflows.
How does Contracts 365 leverage AI in contract management?

Contracts 365 uses AI modules for automated metadata extraction, negotiation support, contract processing acceleration, and compliance management, reducing manual errors and increasing efficiency.
Is Contracts 365 suitable for industries with high compliance requirements?

Yes, Contracts 365 features robust obligation and compliance management, secure document storage, and enterprise-level security, making it ideal for regulated industries.
Can Contracts 365 help with contract renewals and expiration tracking?

Yes, the platform provides automated alerts and notifications for contract expirations and renewals, ensuring contracts are always compliant and up to date.