Midly.AI vs Contracts 365 Detailed comparison features, price

Midly.AI

Midly.AI is an AI-powered platform designed to simplify and accelerate the contract management process for businesses. It utilizes advanced machine learning algorithms to analyze contracts, clearly identifying key terms and potential risks. This allows users to understand complex legal documents more easily and make informed decisions without getting bogged down in jargon.

The platform streamlines the entire contracting lifecycle by automating repetitive tasks such as contract creation, review, and approval. Midly.AI also enhances team collaboration with real-time features and version control, ensuring all stakeholders are aligned. With integrated digital signatures and a mini CRM, it provides a comprehensive solution for managing deals efficiently from start to finish, ultimately helping businesses improve their operational efficiency and close deals more quickly.

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

Midly.AI Pricing

Paid

From $47

Midly.AI offers Paid pricing with plans starting from $47 per month .

Contracts 365 Pricing

Contact for Pricing

Contracts 365 offers Contact for Pricing pricing .

Features

Midly.AI

AI-Driven Contract Analysis: Leverages advanced machine learning to review contracts, making key terms and potential risks easy to understand with clear, concise summaries.
Automated Workflows: Automates repetitive tasks like contract creation, review, and approval, freeing up teams for strategic decisions.
Real-Time Collaboration: Enables teamwork with version control and commenting features to ensure everyone is aligned.
Seamless Digital Signatures: Provides secure, efficient digital signatures to streamline the signing process and close deals faster.
Integrated Mini CRM: Keeps contracts and customer relationships in one place for effective deal management.
In-App Status Notifications: Provides updates on key contract milestones and changes within the platform.

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

Midly.AI Use Cases

Streamlining unclear sales and contract workflows for sales executives.
Reducing time spent on contract management for startup founders to focus on business growth.
Accelerating deal closure for key account managers, especially during peak periods.
Minimizing redundant escalations to legal counsel by ensuring basic updates are pre-checked.
Bridging communication gaps between disconnected teams and tools for operations managers.
Assisting entrepreneurs with limited time or legal expertise in reviewing contract details.
Empowering business development managers to explain contract terms without extensive legal knowledge.

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.