Review contracts 5x faster without sacrificing accuracy
Pactly automates redline reviews and centralizes your institutional intelligence to help you execute bullet-proof legal contracts much faster, without risking mistakes.
We simplify contract management for organizations of all sizes
Streamlined contract review
no matter the source
Pactly simplifies template and counterparty contract reviews with a powerful Microsoft Word plugin. Put an end to line-by-line reviews.
Make contract reviews structured, consistent and mind-numbingly fast
KEY FEATURES
Easily track changes across versions
Institutional knowledge at your fingertips
Work with the technology you and your partners know and love
KEY FEATURES
Integrated Microsoft Word plugin
Review, edit, and negotiate with ease
SMART TEMPLATES
Automate contract reviews with Smart Templates
Turn your template contracts into Smart Templates to auto-detect counterparty edits and build in institutional knowledge about preferred contract language, acceptable terms and historical activity.
Put an end to line-by-line reviews
Pactly compares contract versions to detect every change, no matter how small. So you know what to review without scrolling line-by-line.
Visualize contract changes over time
Save a new version of your contract at every round of edits. See change history on a graphic timeline to recreate negotiations in an instant.
Access intelligence on-demand
Access your preferred language, terms, and fallback positions for any clause, without relying on checklists or lengthy manuals.
KEY FEATURES:
Create contract versions to track changes across time easily.- Jump to proposed edits instantly, without scrolling line-by-line
- Compare redlines to your acceptable position without changing windows
- Instantly find inadvertent or malicious edits without poring over every line
- Access historical data to see how a clause has been modified previously
PACTLY PLAYBOOKS
Speed up counterparty contract negotiations with Pactly Playbooks
Playbooks help you quickly find and review the critical positions in common counterparty contract types, like NDAs, service agreements, and contractor agreements.
Simplify everyday contract reviews
Playbooks help you review your most frequent contract types faster by taking a checklist-like approach to checking compliance with critical positions.
Navigate external contracts quickly
Pactly automatically identifies the relevant sections in counterparty contracts. You can simply click to jump to the parts that matter most to you.
Get the knowledge you need, instantly
Access definitions, standards, and historical precedents on-demand, without cross-referencing with manuals or reading archived contracts.
KEY FEATURES:
- Create contract versions to track changes across time easily.
- Jump to proposed edits instantly, without scrolling line-by-line
- Compare redlines to your acceptable position without changing windows
- Instantly find inadvertent or malicious edits without poring over every line
- Access historical data to see how a clause has been modified previously
Combining Institutional Knowledge with Artificial Intelligence
Easy to use Smart Templates and Pactly Playbooks combine a dash of artificial intelligence with a whole lot of institutional knowledge to help you get the information you need where and when you need it. The result is that you can review and negotiate contracts faster than ever, while maintaining complete control over the process from start to finish.
Simplify contract management to get more done
Finalize contracts faster, increase collaboration and get more work done with Pactly.
FAQs
Frequently asked questions
Our clients' most frequently asked questions
Do I need to have a negotiation playbook?
Most customers prefer to onboard their negotiation playbooks (a.k.a. contract review checklist, legal review playbook), but there is no strict requirement to have one. We have a couple of playbooks out of the box and can work with you to develop one from scratch or introduce you to one of our partners to help you with this.
What kind of contracts do you review?
There is technically no limit on what type of contracts you can review using Pactly. Playbooks are customiseable either on your own, with our partners or with us. We have seen customers use playbooks for real estate contracts, leases, supply of goods/services contracts, employment agreements, procurement contracts, software licenses and many other business contracts. We also provide playbooks to review a non disclosure agreement (a.k.a confidentiality agreement) and services agreements and will be adding more to our standard library.
Is the review fully automated? Will the AI make all the changes and send out the draft for me?
No, we've built Pactly on the assumption that you'll still be reviewing (or glancing through) the contract. Our objective isn't to build a robot lawyer but to design deliberate capabilities and processes using our platform to help you review faster and negotiate less (e.g., introducing better structure in templates and helping you adapt your negotiation strategy). If you're looking for a solution to make all the edits and send it out automatically, we may not be the best fit for you.
Does this work if I am a solo general counsel?
Yes, definitely. Many of our most active users are solo counsels. The popular use cases tend to be driving self-service by the business teams and incrementally building the right foundations for scaling a legal team (e.g. setting up a review checklist, consolidating internal know-how around negotiating key agreements). Generally, most of our customers are in house legal departments (as opposed to law firms).
Do you use artificial intelligence/machine learning?
Yes, Pactly is a legal technology company that offers a contract AI review solution. We use machine learning models primarily to identify clauses and concepts present or absent in your agreement as part of our process to review contracts. This model-based identification is the first step in remediating most issues, and it helps us provide the relevant context to the user and speed up the review.