Summize

Summize: AI-Powered Contract Lifecycle Management

What is Summize? Summize is a Contract Lifecycle Management (CLM) software designed to streamline and clarify the entire contract process for businesses. By embedding contract workflows and AI-powered tools into systems teams already use, Summize helps companies regain control over their contracts, reduce risks, and improve collaboration.

Key Features and Benefits

• Embedded Integration: Summize integrates directly into tools like Slack, Word, Outlook, and Gmail, allowing users to manage contracts within their existing workflows.
• AI-Powered Automation: Summize Intelligent Agents (SIA) automate various tasks, including drafting, redlining, summarizing, and reviewing contracts.
• Self-Service Contracting: Pre-approved templates and workflows empower business users to create compliant contracts directly, saving time and freeing up legal resources.
• Centralized Repository: Summize provides a smart repository for storing and managing contracts, ensuring easy access and organization.
• Real-Time Analytics: Users can track contract performance and identify areas for improvement with Summize's analytics features.

How Does Summize Work?

Summize works by embedding contract management processes into the tools that teams use every day. This approach eliminates the need for users to switch between different platforms and reduces the risk of missed obligations or scattered information. The AI-powered SIA agents assist with various tasks, such as:

• Drafting: Generating contracts from pre-approved templates.
• Reviewing: Identifying potential risks and issues in contracts.
• Redlining: Suggesting changes to contract terms.
• Summarizing: Creating concise summaries of complex contracts.

Why Choose Summize?

Summize offers several advantages over traditional CLM solutions:

• Improved Efficiency: Automation and streamlined workflows reduce the time and effort required to manage contracts.
• Reduced Risk: AI-powered review and compliance checks minimize the risk of errors or non-compliance.
• Better Collaboration: Embedded integration and self-service contracting promote collaboration between legal and business teams.
• Increased Control: Centralized repository and real-time analytics provide greater visibility and control over contracts.

Who is Summize For?

Summize is designed for businesses of all sizes and industries that want to improve their contract management processes. It is particularly well-suited for:

• Legal Teams: Streamline contract review, reduce workload, and ensure compliance.
• Sales Teams: Accelerate sales cycles and improve contract accuracy.
• Finance Teams: Gain better visibility into contract obligations and reduce financial risks.
• HR Teams: Manage employee contracts and ensure compliance with labor laws.
• Procurement Teams: Streamline procurement processes and negotiate better contract terms.

Customer Success Stories

• Thought Machine: Used Summize's Slack integration to generate over 250 NDAs, saving significant manual effort.
• Day Wireless Systems: Improved contract review efficiency by 6x using Summize's Word integration.
• Elior: Reviewed over 400 contracts in 5 working days, reducing review time by 85% and cost by a third.
• HCI Group: Reduced work-related stress by 100% through the use of Summize.

How to Use Summize?

To start using Summize, businesses can book a demo to learn more about the platform and its features. Summize offers a sprint-based implementation plan that allows users to get their first use case live in just 4 weeks.

Pricing

Summize tailors its pricing to each business's specific needs. Interested users can build a custom quote on the Summize website.

Summize is a game-changer for companies seeking to optimize their contract lifecycle management. By leveraging AI and embedding workflows into familiar tools, Summize empowers businesses to achieve contract clarity, reduce risks, and improve collaboration across the organization.