Onit Catalyst

Catalyst For Contracts

Experience the Future of Contract Management with Precision, Speed, and AI That Speaks Your Language

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1,000,000
+
assisted legal interactions each year
70
%
faster contract negotiations
4
X
faster contract audit and migration projects

TRANSFORM CONTRACTS: AI THAT ADAPTS TO YOUR WORKFLOW

As Artificial Intelligence (AI), Large Language Models (LLMs), and Natural Language Processing (NLP) continue to evolve, the use of AI-powered tools in contract lifecycle management (CLM) has become increasingly prevalent.

Catalyst for Contracts harnesses the power of Onit’s proprietary AI models in practical, intuitive, user-friendly, and responsible ways throughout every stage of your contract lifecycle. From initial contract creation and negotiations to approvals, execution, and ongoing post-signature obligations management, Onit Catalyst for Contracts augments and accelerates contract workflows by seamlessly incorporating cutting-edge AI-driven tools into every stage of pre- and post-signature contract management.

AI-POWERED CONTRACT REVIEW AND DRAFTING

MINIMIZE COMPLIANCE RISK

TURN CONTRACT DATA INTO ACTIONABLE INSIGHTS

UNLOCK YOUR PRODUCTIVITY

VERSATILITY IN PACKAGES, POWER IN CHOICE

A BETTER INFORMED REVIEW PROCESS

With embedded Generative Pre-Trained Transformer (GPT) chat, powered by next-gen AI and the latest LLMs, contract review with Catalyst for Contracts delivers instant and intuitive access to guidance, fallbacks, and approved clauses on every playbook issue, helping reviewers do the work faster and do it right every time. It's like having a personal paralegal at your fingertips 24/7.

WORD AND OUTLOOK INTEGRATION

Designed to “work where you work,” Catalyst for Contracts seamlessly integrates with your user's preferred tools, engaging the power of conversational AI to help legal professionals quickly and confidently draft language, find inconsistent terms, explain clauses, rewrite positions, etc.

IMPROVED CONSISTENCY

Automatically generate interactive AI checklists on every contract under review, helping ensure reviewers complete all required actions.
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PROACTIVELY FIND AND ADDRESS CONTRACT RISK

Find, automatically action and ensure compliance with even the most nuanced of issues, with sentence-level identification and determination of potential legal risks enabling an infinitely more comprehensive review.

ADJUST YOUR FOCUS

Filter risk during the contract review process with easy-to-build, highly configurable AI-powered playbooks custom designed to meet your exact needs. Prioritize and automatically route risky contracts based on their risk score.

VISUALIZE CONTRACT RELATED RISKS

Tap into the full value of negotiated contracts with highly configurable, AI-powered dashboards that let legal and business leaders easily visualize and report on risk, compliance, and other previously hidden contract data.
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READY TO GO OUT-OF-THE-BOX

With highly accurate Optical Character Recognition (OCR), AI trained on nuanced legal language, and hundreds of pre-trained legal concepts and data fields, your team can immediately get started on extraction projects.

ANSWER SCARY QUESTIONS FAST

Harness the power of AI and NLP for lightning-quick contract data extraction and legal text processing abilities to rapidly understand your exposure to regulatory change, identify contract trends, and get answers to business-defining questions.

STAY ON TOP OF DEADLINES

Automate augmenting the extraction and validation of critical contractual data points such as renewal dates, payment terms, and pricing information to report on and action previously hidden information.
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FREE UP TIME AND RESOURCES

Take advantage of NLP and AI to automate contract data extraction, reducing human effort by up to 60%. Additionally, AI-aided validation accelerates contract data entry and field validation by 400%, freeing up valuable time for more high-value tasks.

FASTER NEGOTIATIONS

Quickly address complex issues using approved fallback positions or by comparing clauses against your embedded clause library. Speed through contract reviews with the help of in-contract AI tools that identify defined terms, cross-references, and risky language.

CLM SUPPORT

Infuse pre- and post-signature contract management with intelligence, consistency, and automation by leveraging next-gen AI in your CLM process or natively in an OnitX CLM workflow.
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CHOOOSE THE BEST PLAN FOR YOUR BUSINESS

Dive into the future of contract lifecycle management with our four tailored AI packaging options. Delivering flexibility that scales, each option provides a unique pathway to streamline your contract lifecycle management, making the transition to AI smooth, seamless, and instantly beneficial.

GET TO VALUE - FASTER

Built by award-winning lawyers, pioneering legal engineers, and globally recognized AI experts to ensure solutions are fit-for-purpose and legally relevant, Onit Catalyst for Contracts gives you the unparalleled oversight and control of your contracts that can give your business a competitive edge.
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THE POWER OF
OUR ENGINE

The OnitX low-code workflow engine provides the robust flexibility and easy adaptability that your organization needs to evolve. Designed to “meet you where you work,” our highly configurable solutions encompass everything from custom-built applications to seamless integrations into existing or bespoke workflows.

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SEE FOR YOURSELF

Ready to see how the power of Artificial Intelligence (AI) and Natural Language Processing (NLP) can accelerate and augment your digital contract management initiatives? Get the contract intelligence and actionable insights you need with Onit Catalyst for Contracts.

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