Volody CLM

Volody CLM: AI-Powered Contract Management Software

Volody CLM is an AI-powered contract management software designed to help businesses digitize and automate their contracting operations. It streamlines the entire contract lifecycle, from drafting to execution, using advanced AI and machine learning features. This software is ideal for organizations looking to improve efficiency, reduce risks, and enhance compliance in their contract management processes.

Benefits

Volody CLM offers several key benefits:

• AI-Powered Contract Review & Automation: Simplifies the contract review process with AI-driven clause suggestions, risk analysis, and obligation tracking.
• Clause Suggestion: AI analyzes past contracts to suggest intelligent clauses, ensuring consistency and avoiding subpar terms.
• Risk Analysis: Identifies risky clauses and alerts users to potential breaches, helping to safeguard the organization from legal issues.
• Obligation Tracking: Monitors contracts in real-time, detecting obligations that require attention and providing automated alerts for timely action.
• Clause Extraction: Uses OCR and AI to extract clauses, increasing contract visibility and eliminating the need for endless document searches.
• Metadata Extraction: Automatically extracts required data from contracts, even if they are in scanned format, using NLP and OCR.
• Streamlined Drafting & Collaboration: Allows seamless drafting and collaboration using pre-approved templates and favorite editors like MS Word or Google Docs.
• Dashboard & Reporting: Provides real-time visibility into contracts with customizable dashboards and MIS reports.
• Automated Approval Workflows: Streamlines approvals with drag & drop workflow editor, reducing contracting cycles by 40%.
• Central Repository: Creates a single source of truth for all contracts, automating reminders and storing agreements securely on AWS cloud.
• E-Signature Integration: Supports native e-signature providers like DocuSign or Adobe Sign for legally-binding advanced e-signatures.

Use Cases

Volody CLM is suitable for various industries and departments, including legal, procurement, sales, and finance. It can be used for:

• Contract Drafting: Automate contract drafting with legal-approved templates, accelerating contracting cycles.
• Negotiation & Collaboration: Streamline redlining and collaboration with stakeholders using preferred editors.
• Approval Workflows: Configure contract approval workflows and get agreements ready for signature with no-code workflows builder.
• Obligation Tracking: Optimize obligation management and track performance against contractual deliverables in real-time.
• Dashboard & Reporting: Get real-time visibility into all contracts, enhance analysis, and build custom CLM dashboards.
• E-Signature: Digitally sign agreements with native e-signature providers and store all signed documents in a single repository.

Pricing

Pricing details for Volody CLM are not explicitly mentioned in the provided article. For specific pricing information, it is recommended to contact Volody directly or request a personalized demo.

Vibes

Volody CLM has been well-received by global enterprises, with notable achievements including:

• 70% productivity improvement
• 40% shorter contracting cycle
• 30% administrative cost saving
• 99% customer adoption & retention

Additional Information

Volody CLM integrates with leading e-signature providers like DocuSign and Adobe Sign, as well as popular tools like Google Docs, Zoho, and various CRMs. The software is hosted on a secure AWS cloud, trusted by global organizations. Volody offers a personalized demo to help potential users understand their current contracting bottlenecks and explore tailored solutions.

For more information, you can visit Volody's website or contact their offices in India, Canada, or the USA.