ADVANCED
PACTA AI
Volody’s AI-powered Pacta AI is an MS-Word add-in that uses AI to automate your contract review process.
What Can Volody's Pacta AI Do?
Risk Analysis
- Protect your organization from legal pitfalls by identifying risky clauses.
- AI scans documents to detect risky clauses and swiftly alerts you about potential breaches.
- AI reviews contracts, highlights unfavorable terms, and recommends better alternatives.
Clause Suggestion
- Pacta AI analyzes past agreements and suggests legally approved clauses.
- Simplify contract reviews with pre-approved clauses and avoid subpar terms.
- AI recommends clauses that maintain the tone of past contracts for consistency.
Contract Summary
- Summarize key terms and provisions with our summary engine, eliminating the need to read through agreements.
- No more deciphering legal jargon; our AI delivers easy-to-understand summaries.
- Empower stakeholders from every department to actively and quickly contribute to the contract review process.
Contract Guideline
- The AI reviews contracts, flagging any deviations from predefined guidelines to ensure compliance.
- It suggests modifications based on approved clauses for non-compliant content, streamlining the correction process.
- Users can customize and update guideline, ensuring ongoing accuracy in contract reviews.
Obligation Management
- Configure rule-based reminders for stakeholders to never skip out of any important milestones.
- Reduce non-compliance risk and accelerate cycle times to improve operational performance.
- Trigger reminders or alerts for real-time obligation status updates to all stakeholders.
Contract Digitization
- Pacta AI analyzes past agreements and suggests legally approved clauses.
- Simplify contract reviews with pre-approved clauses and avoid subpar terms.
- AI recommends clauses that maintain the tone of past contracts for consistency.
Clause Extraction
- Automates clause extraction and standardization, reducing time, effort, and human error in contract management.
- Ensures consistency by identifying non-standard clauses to prevent legal issues.
- Maintains a centralized clause library for easy retrieval, collaboration, and enhance transparency.
AI-Powered Chatbot
- Pacta AI chatbot uses NLP to handle even the most complex queries with ease, providing quick and accurate responses.
- It can ask important questions about the contract, like its end date, liability terms, any outstanding obligations, and more.
- The user can also generate contracts by just asking the contract name and a few details.
Redline Summary
- The AI will go through the contract and create a clear summary of all the redlined changes.
- It will also provide an analysis to show how these changes might impact the agreement.
- Additionally, the AI will point out any major changes that may need immediate attention or further discussion.
Results After Using Volody’s PACTA AI
Experience the power of AI Today!
Don’t let the blockage be in your contract process. Get in touch with one of our contracting specialists for a demo.
what makes us different
How Secured is Volody's AI?
SOC-2 Compliant
Volody's AI-powered CLM platform is SOC-2 Type II compliant ensuring that your all data is safe and secured.
ISO 27001 Certified
Volody holds the ISO/IEC 27001 certification helping organizations manage their information security.
AWS Hosted
All Volody products are hosted on a secured dedicated AWS Cloud to ensure complete protection.
VAPT Certified
Volody ensures proficiency in Vulnerability Assessment & Penetration Testing securing against cyber threats.
AES-256 Encryption
Volody secures data with a robust algorithm, offering strong protection against unauthorized access.
Single Sign On Enabled
SSO with AD enables seamless access with one set of credentials, enhancing user convenience and security.
Case studies to read
FAQ
What is Pacta AI?
Pacta AI is an MS Word add-in that uses AI to automate and streamline the contract review process.
How does Pacta AI reduce the contract review cycle?
Pacta AI employs AI modules like clause suggestion and risk analysis, which significantly cut down the contract review cycle by up to 75%.
What AI features does Pacta AI offer?
Key features include clause suggestion, risk analysis, contract summary, clause extraction, obligation management, contract digitization, AI chatbot, redline & deviation summary.
Is Pacta AI secure to use?
Yes, Pacta AI is highly secure, with SOC-2 Type II compliance, ISO 27001 certification, hosting on a secure AWS Cloud, VAPT certification, AES-256 encryption, and Single Sign-On (SSO) enabled.
How does the clause suggestion feature work?
On what data is the Pacta AI trained on?
To maintain accuracy and to keep it specific to your agreements and company’s risk framework, Pacta AI is trained on your previously executed agreements.
Is the tool user-friendly?
Yes, Pacta AI is designed to be user-friendly, making it easy for legal professionals to use its AI features at each stage of the contracting process.
Can Pacta AI identify risky clauses in contracts?
What benefits have clients experienced with Pacta AI?
How can I try out Pacta AI?
What kind of reports can Pacta AI generate?
Pacta AI offers exportable MIS reports, obligation tracking, and workflow management features to help manage contracts effectively.
Can I use Pacta AI for free?
You can get in touch with our contracting experts and can receive a free demo for using Volody’s Pacta AI – Your Contracting Buddy