AI-Powerd Contract Analysis in Shareflex

Introduction

Shareflex Contract is an excellent system for managing both incoming and outgoing contracts. It includes convenient lists that give you quick insight into contracts that are about to expire or will be automatically renewed.

In this post, we show you how our AI-driven contract solution can answer complex questions about your contracts.

Here are some example search queries users might enter:

  • Identify contracts with penalty clauses and explain the costs in the worst-case scenario.
  • Highlight contracts that could be harmful to the company and explain the risks.
  • Identify existing NDA agreements and provide a summary of their content.

Manually analyzing such questions can be time-consuming for a contract manager. This study explores whether AI can perform this task faster and more effectively.

Try it out yourself

In the chatbot below, you can ask the AI any question about the Shareflex approved documents stored in the sandbox environment. The following test documents have been added for you to explore. Feel free to ask follow-up questions, just like you would in ChatGPT. Happy asking!

Lialis AI (Shareflex Contract)

How it was build