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Trusli
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Contract management (5)

Trusli

Use Trusli to simplify and speed up deal reviews and negotiations.

Tool Information

Trusli's ContractPro with AI helps legal teams draft and review contracts more efficiently, saving time and reducing the need for constant legal consultations.

ContractPro with AI is a powerful tool designed for in-house legal teams, making the whole process of drafting and reviewing contracts smoother and quicker. With this AI-driven solution, businesses can manage their contracts more effectively by getting automated recommendations and pre-approved alternatives. This feature allows them to negotiate with their counterparts without always needing to check in with their legal team.

The system is user-friendly, allowing users to easily review third-party documents. It can make notes and suggestions based on a predefined set of rules from the company’s playbook. By using advanced AI technology, ContractPro with AI significantly cuts down on contract cycle times, transforming the way legal reviews are conducted.

Another great aspect of ContractPro is its ability to keep a clear audit trail for every action taken during the contract process. This transparency adds an extra layer of security to legal operations. Plus, the tool includes a complete workflow with an e-signature feature, ensuring that all contract reviews and approvals happen seamlessly on the platform.

Integration is a breeze with ContractPro, as it connects easily with major contract lifecycle management systems, ERPs, DocuSign, and other existing tools. Trusli prioritizes user security by collaborating with top-level security experts and auditors, ensuring that sensitive information remains protected. They also uphold SOC2 Type II compliance, which reinforces their commitment to data security.

Pros and Cons

Pros

  • Effective negotiations
  • Complete workflow
  • Pre-approved options
  • Automated negotiations
  • In-platform contract approvals
  • ERP connection
  • Support for in-house legal team
  • Reduces contract time
  • Security for legal operations
  • SOC2 Type II compliant
  • Markup based on guidelines
  • Strong focus on security
  • 80% cut in cycle time
  • Docusign connection
  • Automated suggestions
  • Smooth platform connections
  • Clear audit trail
  • Streamlines contract writing
  • Reduces need for constant legal advice
  • Automated deal checks
  • Custom options
  • E-signature option
  • In-platform contract reviews
  • Self-service features
  • Easy review of 3rd-party documents
  • Contract management solutions

Cons

  • No ability to work offline
  • Few tracking options for audits
  • No separate licenses for individual users
  • Depends on playbook rules
  • No data on user behavior
  • Few ways to connect with other tools
  • No support for multiple languages
  • No features for real-time teamwork
  • Limited options for customization
  • No mobile app available

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