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    Conga Contract Intelligence

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    Sold by: Conga 
    Conga Contract Intelligence combines people, process, and technology into an effortless and accurate contract analytics tool providing the ability to maximize the value of every contract. It uses industry-leading artificial intelligence (AI) and machine learning (ML) capabilities to enable companies to centralize the location of all contracts and accurately extract key data points, making it easily searchable and reportable within the secure repository. By automating contract review and analysis, Conga Contract Intelligence can help organizations save time and scale their legal team for more value-added work, quickly understand their risk exposure in contracts, and reduce errors, delays, and disputes. It can also help organizations identify opportunities for cost savings and revenue generation by analyzing contract terms and conditions. Conga Contract Intelligence provides value to organizations by increasing efficiency, reducing risk, and improving visibility into contract data.
    Listing Thumbnail

    Conga Contract Intelligence

     Info
    Sold by: Conga 

    Overview

    Conga Contract Intelligence combines people, process, and technology into an effortless and accurate contract analytics tool providing the ability to maximize the value of every contract. It uses industry-leading artificial intelligence (AI) and machine learning (ML) capabilities to enable companies to centralize the location of all contracts and accurately extract key data points, making it easily searchable and reportable within the secure repository.

    By automating contract review and analysis, Conga Contract Intelligence can help organizations save time and scale their legal team for more value-added work, quickly understand their risk exposure in contracts, and reduce errors, delays, and disputes. It can also help organizations identify opportunities for cost savings and revenue generation by analyzing contract terms and conditions.

    Conga Contract Intelligence provides value to organizations by increasing efficiency, reducing risk, and improving visibility into contract data.

    Key benefits include:

    • Easily ingest legacy and ongoing contracts into a secure, smart contract lifecycle management solution
    • Gain clear visibility into contract dates, terms, clauses, and obligations to maximize revenue opportunities, control spend, and protect against risk
    • Drive business results with visibility into key contract data like auto-renewals, liability clauses, and price increase opportunities
    • Accelerate third party paper review with intelligent risk management that alerts you to risk unique to your business, and recommends appropriate mitigation steps as well as risk reporting
    • Free up legal time by making all contracts and clauses easily searchable and reportable

    For custom pricing, EULA, or a private contract, please contact us at AWSmp@conga.com  for a Private Offer.

    Highlights

    • Easily and quickly digitize your contracts by uploading in bulk or on an ongoing basis into the intelligent central contract repository. Leverage Conga's best-in-class artificial intelligence and machine learning models that are trained to extract provisions from contracts such as agreement title, parties, dates, and the limitation of liability among others.
    • With a variety of contracts under management, varying by type, status, complexity, and degree of risk or importance, we have options for the level and type of data extraction you can choose. Receive the highest accuracy from your data extraction with Conga's attorney verification feature and saving you valuable time. Once the results from the contract intelligence are verified, all the data becomes part of the CLM record to be used to drive downstream workflow, searches, reports, and alerts.
    • Conga Contract Intelligence's risk management allows customers to accelerate their third-party paper review by identifying the risk, scoring it, and providing alternative language to mitigate the risk. Additionally, with extracted obligations tracked within the CLM, customers can more effectively manage and uphold them thanks to clear visibility, customizable alerts, and advanced reporting capabilities.

    Details

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    Pricing

    Conga Contract Intelligence

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    Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.

    12-month contract (1)

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    Dimension
    Description
    Cost/12 months
    Extraction & App
    Verified Data Extraction w/ 5 addtl key terms, up to 250 documents
    $15,500.00

    Vendor refund policy

    All fees are non-refundable except as required by law.

    Custom pricing options

    Find a fit for enterprise or unique needs with a private offer.

    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

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    Delivery details

    Software as a Service (SaaS)

    SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.

    Support

    Vendor support

    Customers can submit requests to Conga's Support team 24 hours a day, 7 days a week via our Conga Community.

    AWS infrastructure support

    AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.

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    383 external reviews
    External reviews are sourced from G2  and are not included in the star rating for this product.
    Manufacturing

    New CLM Implementation In Progress to Replace Bad Processes and Unhappy Internal Customers

    Reviewed on Sep 17, 2024
    Review provided by G2
    What do you like best about the product?
    Inclusive of all our needs, and straight forward to learn and implement quickly.
    What do you dislike about the product?
    There is nothing that stands out at the moment, and we will keep eye on this as we continue to implement and scale.
    What problems is the product solving and how is that benefiting you?
    Bad business processes requiring a lot of manual interventions and re-traininig.
    Biotechnology

    Efficient contract management

    Reviewed on Apr 24, 2024
    Review provided by G2
    What do you like best about the product?
    Tracking approvals, eliminates email exchanges, integration with DocuSign, reporting and event alerts.
    What do you dislike about the product?
    More transparency from product leaders on timeline of new products
    What problems is the product solving and how is that benefiting you?
    All contract requests are streamlined and maintained in one centralized platform.
    Pharmaceuticals

    Conga Contracts has all the functionality of a traditional CLM.

    Reviewed on Apr 24, 2024
    Review provided by G2
    What do you like best about the product?
    Workflow, contract families, configurable by admins.
    What do you dislike about the product?
    Interface a bit klunky - have to scroll and click quite a bit.
    What problems is the product solving and how is that benefiting you?
    All contracts in one place, approval workflows, renewals and reporting.
    Non-Profit Organization Management

    Great people and product

    Reviewed on Apr 24, 2024
    Review provided by G2
    What do you like best about the product?
    The many use cases we are able to use Conga Contracts for is a important and we continue to want to leverage its capabilities. The ability to configure the system for our business cases on our own or with support is impressive.
    What do you dislike about the product?
    I'd like to see some features, like Projects, work the same as Request or Approvals. Also the ability to make mass or bulk changes to Users would be helpful.
    What problems is the product solving and how is that benefiting you?
    Visibility and accountability
    Non-Profit Organization Management

    Connecting my Contracts

    Reviewed on Apr 24, 2024
    Review provided by G2
    What do you like best about the product?
    We live how configurable Conga Contracts is. It helps us address many of the needs of our teams across the enterprise proactively.
    What do you dislike about the product?
    I wish flows were easier to set up and logic captured could be easily extracted.
    What problems is the product solving and how is that benefiting you?
    Conga Contracts has provided a way for us to address management of several areas managed within our Legal department.
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