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Kira Contract Analysis Reviews & Product Details

Verified User in Oil & Energy
CO
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

Augment MDM analysis, identify critical data points, minimize risks, and lower costs Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

Customer service and limited solutions compare to others Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Cost reducing and minimized risks and quality data Review collected by and hosted on G2.com.

Kira Contract Analysis Overview

What is Kira Contract Analysis?

Kira is advanced, award-winning machine learning software that excels at searching and analyzing text in contracts. We originally developed Kira for contract review in M&A due diligence, where lawyers review hundreds or thousands of third-party contracts that are not already organized and might be in any number of file formats. Our customers quickly discovered that Kira can just as easily be deployed in a wide variety of applications, whenever rapid and accurate search analysis of contracts is required. This is possible because Kira’s machine learning tool, Quick Study, makes it easy to teach Kira to identify virtually any needed provision from any contract. Now, Kira Systems customers use Kira for contract obligation management, contracting simplification, cost recovery, compliance and other use cases where visibility into contract provisions is critical. Kira’s customers include some of the world’s largest corporations and professional services organizations including firms from the AmLaw 100, Chambers Band 1, and Big Four.

Kira Contract Analysis Details
Languages Supported
German, English, French, Spanish
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Product Description

Automatically extract and summarize any provisions from any contracts. Uncover insights faster than you thought possible. When you need to know what your contracts say, there's no reason to be in the dark.

How do you position yourself against your competitors?

Kira automatically identifies provisions from contracts in 60+ formats including scans, and helps group by standard/nonstandard. Kira's powerful machine learning yet is easy to use. Customers report 60-90% on common contract analysis tasks.


Seller Details
Year Founded
2001
HQ Location
Chicago, Illinois
Twitter
@LiteraMicro
1,645 Twitter followers
LinkedIn® Page
www.linkedin.com
1,352 employees on LinkedIn®

IL
Overview Provided by:

Recent Kira Contract Analysis Reviews

Manmohan S.
MS
Manmohan S.Small-Business (50 or fewer emp.)
5.0 out of 5
"Kira document analysis app"
In the modern age this is the best usage of machine learning. Because using analysis to review content of a contract was highly time taken process ...
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"A good contract analyzer"
It is a good contract analyzer based on AI, which is very helpful
Verified User
C
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Kira for contract analysis"
Its capable of performing an accurate due diligence for contracts. It speeds up high volume contract reviews for clients. Pros are its easy to use...
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Kira Contract Analysis Media

Kira Contract Analysis Demo - Kira Document Viewer and Summary Chart
View side-by-side the OCR'd original document and extracted text in the summary chart.
Kira Contract Analysis Demo - Export Documents
Export your results in Excel, Word and/or PDF format.
Kira Contract Analysis Demo - Review Status
Review the status of your project.
Kira Contract Analysis Demo - Kira Search Bar
Search across all documents for specific provisions, keywords, reviewers and/or tags.
Kira Contract Analysis Demo - Analysis
Analyze your results by documents or by provision.
Answer a few questions to help the Kira Contract Analysis community
Have you used Kira Contract Analysis before?
Yes

9 out of 10 Total Reviews for Kira Contract Analysis

4.3 out of 5
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G2 reviews are authentic and verified.
Manmohan S.
MS
Procurement Associate
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

In the modern age this is the best usage of machine learning. Because using analysis to review content of a contract was highly time taken process now that we have such useful apps it became a bit easier. Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

In some of the secured format we are still curious whether it will work or not because sometimes we receive a document which can be a bit cosy to review any document without informing few parties. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Its solving a criticsl issue of document analysis by using algorithms of machine learning. It now became very useful because of the faster work culture to save crucial time. Review collected by and hosted on G2.com.

PJ
Legal Associate
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

The thing I liked the most is that now I am able to extract key clauses from various contracts without having to go into 100 pages of the contract and extract each clause one by one. It is done automatically by Kira Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

When compared to its rival cloud-based contract management software, Kira is a bit expensive. Further, Kira only extracts the information pre-saved in it and is not a good AI-based tool. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Kira is reducing the time I used to spend on extracting each clause from various contracts by already extracting the clauses and helping me in just analyzing those extract clauses Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

It is a good contract analyzer based on AI, which is very helpful Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

I think it is an expensive tool, even though it is effective. I also think the UI could be improved, maybe apply a materialized view. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Automatic contract analyzing which saves a lot of time and effort Review collected by and hosted on G2.com.

Verified User in Accounting
CA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

Its capable of performing an accurate due diligence for contracts. It speeds up high volume contract reviews for clients.

Pros are its easy to use and its management features Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

There are some functionalities that i would love it to have like regex and rules, renaming documents. I 'd prefer a quick study window that i coukd personalize more. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Its used as due diligence tool for my client. The main users are trainees, junior associates and alt teams. Its mainly used for M&A transactions. Review collected by and hosted on G2.com.

KJ
Associate
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

I am in the process of managing various contracts through internal repository, and in the process I require many details from the contracts, which KIRA helps me in capturing. Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

I cannot add or delete the information so as to capture only the portion of the obligation from a contract that I require. Also KIRA is bit expensive compared to other similar softwares. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Since, I am in the legal process of managing the contract repository, KIRA acts as a helping hand by capturing various clauses required for the repository. Review collected by and hosted on G2.com.

KJ
Human Resource Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

I liked the fact that AI is so intelligent that without having to go through every clause to find the relevant portion, through KIRA, now I am able to save my time and it abstract clauses by itself. Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

Some modifications as per our requirements would be of great help, which this software does not provide. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Since I am into Contract Management and the Obligation process, my work usually revolves around abstracting various clauses from different contracts, which KIRA does for me. Review collected by and hosted on G2.com.

PJ
Analyst
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

The fact that Kira has made my work a lot easier by managing all the contracts and extraction different information from the contract as per my requirements. Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

Manual extraction along with AI extraction would be of great help, which can help me in contracts clauses according to my requirements. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

My work involves contract abstraction and management, through which Kira functions as a dummy and reduces my abstraction time. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
CM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

It is helpful to review contracts and legal documents on a large scale. It saves lot of time.

Kira helps also detect pdf documents even if it is not 100% clear & legible. Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

It should intergrate with other document systems

Hard to read hand written documents Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

Reviewing lengthy legal docs & contracts and summarizing the important points into an easily readable document. It helps us save time in analyzing multiple documents. Review collected by and hosted on G2.com.

Verified User in Alternative Medicine
UA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Kira Contract Analysis?

It makes it easy to get a complete picture of a contract term.Also up to date about changing laws and policies. Review collected by and hosted on G2.com.

What do you dislike about Kira Contract Analysis?

So far, there are no issues with using Kira contact analysis. Review collected by and hosted on G2.com.

Recommendations to others considering Kira Contract Analysis:

It is very helpful to analyze any kind of contract. Review collected by and hosted on G2.com.

What problems is Kira Contract Analysis solving and how is that benefiting you?

It was helpful for my colleagues Review collected by and hosted on G2.com.