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Onit Catalyst for Contracts Reviews & Product Details - Page 2

Onit Catalyst for Contracts Overview

What is Onit Catalyst for Contracts?

Leverage AI with Onit Catalyst Contract Review - Eliminate tedious contract drafting and editing. Gone are the days of spending hours poring over contracts. With Catalyst Contract Review's powerful artificial intelligence (AI) capabilities, you can quickly and accurately draft, review, redline, and edit all types of contracts in a matter of minutes. Increase productivity and reduced turnaround times by 52%+. Non-legal business users can also effortlessly receive a reviewed, redlined, and approved contract via email or self-service portal in less than 2 minutes, thanks to Catalyst Contract Review's lightning-fast AI-powered contract review process. And for those who need more hands-on functionality, our Catalyst Contract Review Word Add-in designed for lawyers and contract professionals automatically drafts, reviews, redlines, and edits contracts against corporate standards, saving you valuable time and effort. The AI skillset of Catalyst Contract Review continuously learns from user feedback and can be easily customized to cater to various use cases, including NDAs, MSAs, purchase agreements, and third-party contract reviews. When paired with Onit's contract lifecycle management system, you get a seamless and efficient AI-driven workflow that automates the entire contract lifecycle from creation to execution. Don't settle for outdated manual contract review processes. Embrace the future of contract management with Catalyst Contract Review and experience unparalleled speed, accuracy, and productivity. Increase consistency, reduce risks associated with missed obligations, and speed up the contract negotiation process. Say hello to smarter contract review and goodbye to contract headaches!

Onit Catalyst for Contracts Details
Languages Supported
English
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Product Description

Software that uses artificial intelligence to quickly draft, review, redline, and edit all types of contracts.


Seller Details
Year Founded
2011
HQ Location
Houston, TX
Twitter
@onitapps
718 Twitter followers
LinkedIn® Page
www.linkedin.com
408 employees on LinkedIn®
Description

Onit is a global leader of workflow and artificial intelligence platforms and solutions for legal, compliance, sales, IT, HR and finance departments. With Onit, companies can transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract lifecycle management and legal holds, the company operates globally and helps transform the way Fortune 500 companies and billion-dollar corporate legal departments bridge the gap between systems of record and systems of engagement. Onit helps customers find gains in efficiency, reduce costs and automate transactions faster.


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Recent Onit Catalyst for Contracts Reviews

AB
Agnes B.Enterprise (> 1000 emp.)
1.5 out of 5
"Limited Customization characteristics"
It does not simplifies the process of managing contracts which not allows me to easily create, track and handle them all in one place. It lacks to ...
EP
Emanuela P.Small-Business (50 or fewer emp.)
1.0 out of 5
"An Disorganized Solution, for Managing Contracts"
Onit Catalyst for Contracts needs to be user friendly and intuitive. It's diffiulr to use. The interface makes contract management hectic. The non ...
IL
Igor L.Mid-Market (51-1000 emp.)
1.5 out of 5
"limits the softwares flexibility"
It is difficult to use and has a non intuitive design of Onit Catalyst for Contracts. It complicated contract management. Makes everything disorgan...
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Onit Catalyst for Contracts Media

Onit Catalyst for Contracts Demo - Contract Summary
Receive a contract review summary that includes a risk profile along with issues and recommendations.
Onit Catalyst for Contracts Demo - AI-Assisted Contract Redlining
Automatically redline Word or PDF contracts with track changes and commentary.
Onit Catalyst for Contracts Demo - Email & Portal Review
Business users obtain AI-assisted contract review in less than 2 minutes through email or a self-service portal.
Onit Catalyst for Contracts Demo - Microsoft Word Add-in
Draft, pre-screen, edit, and review contracts directly in Microsoft Word.
Onit Catalyst for Contracts Demo - Contract Review Templates
Utilize standard review templates or customize contract reviews to ensure corporate standards are being met.
Onit Catalyst for Contracts Demo - Customizable Clause Library
Leverage more than 2,600 clauses created by legal experts or create unique company clauses.
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Have you used Onit Catalyst for Contracts before?
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12 Onit Catalyst for Contracts Reviews

3.8 out of 5
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12 Onit Catalyst for Contracts Reviews
3.8 out of 5
12 Onit Catalyst for Contracts Reviews
3.8 out of 5

Onit Catalyst for Contracts Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Computer Software
CC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

I like the simplicity and intuitiveness of the AI engine. It is easy to manage and very accurate for all types of legal documents, including SOA, LOA, LOI, etc Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

Seeing that AI is still in its infancy stages I see alot of potentional for the engine to get better and faster the more data is retained. Having said that I don't see any major issues with the AI engine at this time. Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

Review Ai acts as a virtual assistant in that you no longer have to take the time to review contracts and spend countless manual hours reviewing clauses and terms. The Ai engine will learn what terms and clauses are most commonly used and auto-correct or make suggestions based on previous corrections Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
CI
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Onit Catalyst for Contracts?

Faster contract approvals, less processing time, easy to use and understand. Review collected by and hosted on G2.com.

What do you dislike about Onit Catalyst for Contracts?

Well, I never used the product but gone through lot of reviews which shows the product works seemlessly Review collected by and hosted on G2.com.

What problems is Onit Catalyst for Contracts solving and how is that benefiting you?

With the help of Onit, user productivity increases.

software that reads, writes, and reasons like a lawyer. Review collected by and hosted on G2.com.