Ironclad

By Ironclad, Inc.
Contract Lifecycle Management AI-Driven

Ironclad provides a comprehensive CLM solution aimed at streamlining contract processes for legal, sales, HR, procurement, and other business teams. It features a visual workflow designer to automate approvals and routing. Its AI capabilities (Ironclad AI, including the Jurist assistant built on models like GPT-4) assist with tasks like contract review, redlining, data extraction, and analysis. The platform serves as a central repository for all contracts, offering powerful search and reporting features. Ironclad emphasizes usability for business users alongside powerful features for legal teams and offers integrations with common enterprise software.

Key Information

Pricing

Model: SaaS subscription, custom pricing based on needs.

Starting at: Not publicly disclosed.

Free Plan: Not Available

Trial: Not Available

Audience

Primary: Corporate Legal Departments, Sales Teams, Procurement Teams, HR Teams.

Secondary: Finance Teams, Business Operations.

Use Case

Managing the entire contract lifecycle (creation, negotiation, approval, execution, storage, analysis).

Pros & Cons

Advantages

  • Highly customizable workflows
  • User-friendly interface often praised
  • Strong AI capabilities
  • Good integration options
  • Scalable for larger businesses.

Limitations

  • Pricing is not transparent (custom quotes)
  • Some users report complexity in initial setup/onboarding
  • No dedicated mobile app mentioned
  • Customer support feedback is mixed (helpful but sometimes slow response times reported).

AI Capabilities

  • Natural Language Processing (NLP)
  • Machine Learning (ML) for data extraction and analysis
  • Generative AI (via Jurist assistant, using models like GPT-4) for tasks like redlining
  • Summarization
  • And clause generation.

Integrations

  • Salesforce
  • HubSpot
  • Coupa
  • Workday
  • NetSuite
  • SAP Ariba
  • Slack
  • Google Drive
  • Box
  • Dropbox
  • OneDrive
  • Various e-signature providers (DocuSign, Adobe Sign).

Unique Features

  • Strong focus on user experience (UX) for both legal and business users
  • Powerful workflow automation capabilities
  • Advanced AI features integrated throughout the platform (Ironclad AI/Jurist)
  • Strong integration ecosystem.
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Disclaimer: Information accuracy is not guaranteed. Always verify details directly with the provider and consult with qualified professionals before making decisions. This tool is not a substitute for legal advice.