Contract Automation helps your team negotiate and manage routine contracts faster and at lower cost, freeing you to focus on other strategic priorities.
Accelerate routine contract negotiations
Automate contract negotiation, execution, and reporting.
- With Contract Automation, you can submit new contracts for negotiation with one click and ensure that comments are sent to a counterparty within 24 hours.
- Contract Automation also reduces the time required to finalize documents by alerting counterparties when action is required, streamlining the exchange of information and providing real-time negotiation status.
Negotiate better outcomes
Use established customer precedent and industry benchmarks to negotiate using a well-informed position.
- Contract Automation works with your team to define a set of preferred negotiation positions based on established firm precedent and industry benchmarks. These playbooks fuel Ontra's human-in-the-loop technology, a blend of AI-enabled software and experienced lawyers, ensuring that outcomes consistently align with your preferences and market standards.
Reduce expenses
Process routine contracts with fewer internal resources and less external spend.
- The total cost of ownership (TCO) of contract negotiation includes the fully loaded costs of internal and external professionals plus the opportunity costs of neglected priorities. Contract Automation uses AI and a network of experienced lawyers to drive faster, more efficient processes. It reduces management and fund expenses by reducing time spent on internal coordination and decreasing reliance on external counsel.
Focus on returns
Spend more time fundraising and investing, less time negotiating.
- Contract Automation takes ownership of the routine contract negotiation process, freeing your team to focus on other strategic priorities such as fundraising and investing. As professionals engage in more complex and higher-impact work, productivity increases while turnover drops. This allows your team to scale investment strategies without expanding legal and operations teams. It also frees up time for junior investment professionals to build models, read CIMs, do diligence, and work with existing portfolio companies.