Our fintech customers have templatized their high-volume contracts such as NDAs. This has saved them countless hours, reduced the scope for errors, and helped them close these agreements faster.
Automate approval workflows for high-value contracts
Using SpotDraft, our FinTech customers never miss key details for high-value deals. Using SpotDraft, they can automatically set up an approval workflow for high-value deals and make sure all such contracts go through the right stakeholders.
Mitigate risk by creating guardrails for your internal teams
With SpotDraft, you can set up guardrails and questionnaires for each template - this way, every time non-legal teams create a contract, they’re aware of what mistakes to avoid.
Eliminate undesirable auto‑renewals easily
Never fall prey to a contract auto-renewal again. With SpotDraft, the relevant stakeholders will receive notifications about important dates to eliminate the risk of unknowingly renewing a contract or serving certain obligations.
Leverage our APIs to build custom integrations
Several of our fintech partners have built deep integrations between SpotDraft and their internal tools to improve internal business processes and consequently grow the top line of the business.
Review contracts 5x faster
When a new contract is imported into the system, SpotDraft pulls out key terms and clauses automatically using powerful machine learning models. This enables reviews and due diligence processes to happen a lot faster for our FinTech customers.
Faster adoption throughout the organization
SpotDraft has deep integrations with the tools used by the business teams (eg. Salesforce, Hubspot, Gainsight, etc.) which ensures there is no new product that the various stakeholders need to learn - which in turn leads to faster adoption.
Identify and resolve bottlenecks in the contract workflow
With SpotDraft, you will get deep insights into the contracting workflow and understand the true bottlenecks in the contracting process which can then be used to further optimize the existing contracting process.
From demo to delivery in just 7 days
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Great product with an outstanding team! SpotDraft is a very agile company who is hungry to build a category leading product. As a customer that comes across very positively. The product has a huge potential.
SpotDraft provided the simplicity and flexibility we were looking for and the pricing is better compared to others. The first connection with the team felt more reassuring. They are extra, providing such a good support to clients.
Consultant in Strategy
I'm a big fan of SpotDraft! The SpotDraft platform and features are intuitive, making the contract process (mission-critical) more enjoyable. The UX is a delight. The SpotDraft team provides an excellent, collaborative service to support customers.
VP, Legal & Data Privacy Officer
Spotdraft’s extraction tool saves us at least 10-15 minutes per contract summary and allows us to house our contracts in one place for organizational purposes. The Spotdraft team has helped customize their extraction tool to fit our needs and extract the data from the fields we request.
Founder & President
The SpotDraft team has been more than amazing in helping us evaluate their platform and getting it ready for launch. Their product answers our needs and requirements and will grow with us as we continue to scale our organization.
Senior Director and Head of Revenue Operations
The specific problem we were looking to Spotdraft to solve was to provide a single, secure and easily searchable repository of all our contracts. Spotdraft has solved that problem for us. But it has also brought significant additional benefits, particularly around the execution of template contracts.