Contract Management Software
Volody’s AI contract management software helps businesses digitize & automate their contracting operations.
AI-Powered Contract Review & Automation
Volody’s AI contract management software makes contracting effortless and streamlines each step of the lifecycle with AI & ML features
Clause Suggestion
AI analyzes past contracts & suggests intelligent clauses based on it.
Simplify reviews with pre-approved clauses & avoid subpar terms.
AI recommends clauses, maintaining past contract tone for consistency.
With Volody’s AI CLM, avoid back and forth between numerous contracts.
Risk Analysis
AI analyzes documents, identifies risky clauses, and promptly alerts about breaches.
AI reviews contracts, flags unfavorable terms, and suggests better alternatives.
Safeguard your organization from legal issues by spotting risky clauses.
Obligations
The AI engine monitors contracts in real-time, detecting any obligations that demand attention or compliance.
Eliminate manual obligation tracking with automated alerts ensuring timely action on critical obligations.
Escalate obligations in the tool itself. The user can upload documentary evidence, maintaining transparency.
Obligation dashboard displaying stakeholder information, contract name, due date, and status data.
Clause Extraction
Volody’s AI CLM Software extracts clauses using OCR and AI, increasing your overall contract visibility.
Utilize AI within your editing tool, such as Microsoft Word or Google Docs, to examine clauses from previous contracts.
Gain one-click access to all your clauses, eliminating the need for endless document searches.
Metadata Extraction
All required data can be automatically extracted even if the contract is in a scanned format.
AI uses NLP and OCR, eliminating manual entry while uploading third-party & legacy contracts.
Contract repository offers advanced search capabilities, allowing users to search contracts by name, execution date, parties, contract type, and more.
Streamline Contracting
Manage the entire lifecycle of your agreements using cloud-based smart CLM software
Drafting & Collaboration
Seamlessly draft new contracts using your pre-approved templates and collaborate using your favorite editors like MS Word or Google Docs.
Dashboard & Reporting
Create your dashboard and monitor real-time contract insights on our AI-powered data-driven CLM platform.
Smart AI & ML Features
Leverage best-in-class AI & ML features to reduce contractual risks, improve compliance, analyze clauses, suggest favorable terms & extract key obligation or deliverables.
One platform for all Contract Management activities
Volody's contract management software utilizes AI and ML features to effortlessly streamline the entire contract lifecycle.
Automate Drafting
Automate contract drafting with legal approved templates to accelerate contracting cycles with AI CLM software.
Centralize contract requests with a single contract management software and monitor all contract versions.
Empower business teams to draft contracts on the go using your existing CRM like HubSpot or Salesforce.
Effortlessly create & store new templates with our smart template designer.
Negotiate & Collaborate
Streamline redlining and effortlessly collaborate with all your stakeholders using your editor of choice (Google docs/MS word).
Facilitate easy collaboration and track version history with Volody’s AI contract management software
Smart AI & ML features that alert you for risky clauses, provide clause suggestions, highlight deviations & assign specific clauses for approval
Streamline Approvals
Configure contract approval workflows and get agreements ready for signature with our no-code workflows builder.
Automate approval requests though Volody’s contract management software and do away with constant emails and phone calls.
Map out template-specific approval workflows and intelligently add new stakeholders during negotiations.
Central Repository
Create a single source of truth for all your contracts and smartly keep track of all renewals, milestones & obligations.
Have all documents on your fingertips and automate reminders with our AI contract management software.
Search for any legacy documents, create custom contract lists using advanced filters and store agreements on secure AWS cloud.
E-Signature
Digitally sign your agreements with your native e-signature provider like DocuSign or Adobe Sign.
Close deals quicker with legally-binding advanced E-sign trusted by global organizations.
Store all your signed documents in a single contract repository provided by Volody’s contract management software.
Take Control of Your Contract Management Process
Dashboard & Reporting
Get real-time visibility into all your contracts, enhance analysis and build custom CLM dashboards to uncover business insights.
Easily generate custom MIS reports with visual-rich charts and stay on top of all contracts, milestones & risk.
Reduce bottlenecks with improved contract status visibility and track any pending actions through clickable drill-down data points.
Automate Approval Workflows
Use Volody’s contract management software’s drag & drop workflow editor to streamline approvals and make sure all stakeholders are on the same page.
Reduce contracting cycles by 40% triggering automated contract updates and maintain audit trails for all your agreements.
Set up custom workflows for all templates while ensuring complete compliance for all your contracts.
Obligation Tracking & Reminders
Optimize obligation management & transform how you manage deliverables with Volody AI CLM software.
Improve business performance & reduce risk exposure with timely reminders for any pending obligations or renewals.
Track performance against contractual deliverables in real time with detailed reporting and gain data-driven insights into all your contracts.
Accelerate your contracting
Global enterprises choose Volody’s AI CLM software to stay on top of all their contracts & improve your overall organizational performance.
70%
Productivity improvement
40%
Shorter Contracting Cycle
30%
Administrative Cost Saving
99%
Customer Adoption & Retention
Integrated with tools you use
Easily access all the features with a good understanding of the interface and with a customizable view of your choice.
Volody's contract management software is hosted on a secure AWS cloud trusted by global organizations.
AI CLM software Customer Case Study
Explore how global organizations have streamline & automated their legal contracting operations with Volody’s AI Contract Management Software.
Read Case Study
Reimagine Contracting
Stay on top all your contracts and leverage Volody’s AI contract management software to automate risk analysis, obligation reminders and compliance
Fast track your contracting
Enhance stakeholder Collaboration
Eliminate bottlenecks with constant email updates
Visualize your contracts with smart dashboard
AI CLM Software tutorial to help you get started
How to create customized dashboard
Creating workflow in Volody CLM
Managing obligation and setting reminders
Book a personalized AI
CLM software demo
Schedule a live, interactive demo with a Volody’s contracting specialist.
Understand your current contracting bottlenecks & get tailor-made solutions.
Explore how Volody's AI CLM can supercharge your contracting process.
Looking to transform your contracting?
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Frequently asked questions
Contract management software refers to a digital solution designed to streamline and optimize the various stages of contract management. It involves creating, executing, tracking, and evaluating contracts between parties, enhancing efficiency and reducing risks.
Digital contract management refers to the use of software and technology to streamline the entire contract lifecycle process. It involves creating, storing, tracking, and managing contracts electronically. Digital contract management solutions, like Contract Lifecycle Management (CLM) software, offer automation, collaboration, and reporting features, enhancing efficiency and accuracy in contract-related tasks.
Contract management software tailored for legal teams helps in creating, negotiating, renewing, and managing contracts. It offers features like automated workflows, improved collaboration, and enhanced reporting, enabling legal professionals to focus on strategic tasks.
The contract management process involves: Generation creation, negotiation & review, approval, signature & execution.
Contract management software is utilized by various sectors, including legal, procurement, sales, and finance teams. It is essential for organizations of all sizes that deal with multiple contracts.
The cost of Contract Lifecycle Management (CLM) software varies based on features, user licenses, and the provider. Volody’s CLM Software provides an affordable all-in-one CLM solution, effectively automating and managing your legal workflows. It's designed to fit your business perfectly and is available at a minimal cost compared to others.
The top contract management software offers comprehensive features within a user-friendly interface and a fair price range. Volody’s contract management software stands out for this, making it a preferred choice for numerous businesses.
Contract management software offers benefits like streamlined processes, reduced manual errors, improved compliance, enhanced collaboration, efficient tracking, and data-driven insights.
A Contract Lifecycle Management (CLM) system automates and optimizes contract-related tasks. It assists in drafting contracts, managing approvals, monitoring compliance, tracking renewals, and providing analytics for informed decision-making.
Volody CLM, among other contract management software, offers customizable features such as contract templates and pre-populated clauses. This allows tailoring the software to match your company's requirements.
To manage contracts effectively, consider Contract Lifecycle Management (CLM) software. CLM streamlines contract processes, ensuring compliance, performance tracking, and more. You can choose from various software options like Volody’s AI CLM software which offers features like automation, document storage, and audit tracking.
Yes, Volody allows migration from your existing Contract Lifecycle Management (CLM) software. Volody offers a simple, smart, and scalable solution for contract management, making migration feasible.
A Contract Lifecycle Management (CLM) system is crucial for efficient contract management. It helps in tracking contract performance, ensuring compliance, automating workflows, and centralizing contract-related information. This reduces risks, improves operational efficiency, and enhances contract governance.
The implementation time for Contract Lifecycle Management (CLM) software varies based on factors like the software's complexity, your organization's needs, and the level of customization required. Volody ensures a seamless platform onboarding in just 4-6 weeks, setting you up for success right from the start.
Yes, it's safe to use online Contract Lifecycle Management (CLM) software, provided you choose a reputable and secure provider. These platforms prioritize data security with encryption, access controls, and regular security updates, ensuring the confidentiality and integrity of your contract data.
Schedule a Personalized Demo
Book an interactive today and see how our Smart Contract Management tool can help you transform your legal contracting operations