Contract Analytics on SpotDraft

Gain complete visibility into your entire contract lifecycle with actionable insights. Optimize your contracting processes and make smarter, data-driven decisions effortlessly.

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Upgrades to Smart Data Capture

We’re constantly adopting the latest cutting-edge LLMs to deliver better accuracy, speed, and reasoning for metadata extraction and we’re making it easier to access this across multiple places in SpotDraft for your contracting needs. With the rollout of SDC Lite, you can now use SpotDraft AI for free to extract Contract Type, Counterparty, and Entity details from every contract you upload for review or signature.


Redlining on SpotDraft

The new MS Word integration lets you open and edit contracts directly in MS Word on your device, with changes seamlessly syncing to SpotDraft—no more downloading or re-uploading. Plus, you can effortlessly collaborate by tagging team members in comments.

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Improvements to Slack Notifications

We’ve upgraded Slack notifications to deliver more context-rich updates, clearly highlighting key information. These enhancements make it easier to take action and help accelerate the overall contract lifecycle.

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VerifAI

Get tailored review suggestions for your party, create AI-powered review playbooks from templates in one click, and share them easily with teammates using Review Links for consistent, efficient reviews.

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Effortless Approvals with Powerful New Features

We’re revamping Approvals to make it easier to set them up and adding new features for greater control and flexibility.

Experience the new system in action through our guided tour.


Legal Hub

We launched Legal Hub to help legal teams effortlessly set up and manage online terms and policies independently.

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Signing Queue

The new eSign Queue lets you sign all pending contracts in one seamless session. Contracts are automatically queued after the first signature, with each document presented for review and signing in a smooth, uninterrupted flow—no more switching between emails or repositories! Plus, it’s optimized for both desktop and mobile for a hassle-free experience.

Core Features
What It Does
Centralized contract repository
Intelligent database with full-text search, metadata filtering, and single source of truth for all contracts across the organization.
Template Management and Clause Libraries
Pre-approved templates and reusable clause libraries that capture institutional knowledge and ensure consistency
Workflow Automation and Approval Routing
Automated routing of contracts through predefined approval chains based on contract value, risk level, or other criteria.
Electronic Signature Integration
Built-in or integrated e-signature capabilities for legally binding execution without leaving the platform.
Version Control and Redlining
Automatic tracking of every version, change, and contributor with side-by-side comparison capabilities.
 Feature
Details
 Present  Missing
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.

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