Manually uploading contracts can be daunting, especially when you handle hundreds of contracts on an everyday basis. Going back and forth between the contract and the platform to populate fields consumes much time and effort. In reality, when such mundane tasks pile up, the chances of human errors significantly increase.
To overcome this, Zluri introduces the Smart Contracts feature, simplifying your contract uploads and reviews.
The Smart Contracts feature eliminates the need for manual data entry, saving you time and reducing the risk of errors. Note: You get to upload ten contracts at once! Once uploaded, Zluri’s system automatically extracts the parsed information from each PDF, creating draft entries for your review and submission.
How Zluri simplifies contract uploads with AI
Automated contract draft creation | AI-based license mapping | Comprehensive Data Extraction |
Auto-contract draft creation:
When you work with hundreds of contracts per day, manually entering and reviewing them requires a lot of effort, not to mention the uniqueness of contract fields, which could prove to be a hassle.
Zluri does the heavy lifting by parsing the contracts and auto-filling critical fields. For instance, if you have a PDF contract with crucial terms like contract terms, license specifics, renewal dates, payment terms, and more, Zluri’s system extracts this information and creates a draft contract for you.
Once the information is extracted, you can quickly review and edit it before finalizing the contract entry.
Intelligent License Mapping:
When licenses aren’t mapped according to the type, term, pricing, discount, seat allocations, and more, tracking utilization and renewals become challenging.
Zluri’s system intelligently maps licenses based on contract information such as seat count, subscription duration, cost per license, and discounts. This means you can easily keep track of your licenses without manually counting or cross-referencing.
Comprehensive Data Extraction:
With the current contract upload process, admins often miss crucial details like payment terms, auto-renewal clauses, and licensing specifics, leading to incomplete insights and increased risk.
Zluri’s Smart Contracts go a level beyond capturing nuanced information such as payment schedules, auto-renewal conditions, and licensing details. This comprehensive approach ensures a holistic view, effectively enhancing understanding and mitigating risks.
Key Benefits
Reduced contract upload time: Upload multiple contracts simultaneously, significantly reducing manual data entry time by 40%.
Instant contract digitalization: Our system extracts the parsed information from your PDFs, creating draft contracts for review.
Enhanced accuracy: Review and edit the extracted information before finalizing the contract entry.
Conclusion
Zluri's Smart Contracts feature does all the heavy lifting for you, making contract uploads simple, time-effective, and effortless. Experience Zluri’s powerful Contract AI feature. Avail a demo today.
