Ontra AI software is a legal tech platform that offers contract automation and intelligence for the private markets. Ontra AI software combines AI-enabled software with a global network of freelance lawyers to digitally transform recurring legal workflows across the full fund lifecycle. 1
Ontra AI software leverages AI for contract management in various ways, such as:
- Contract negotiation: Ontra AI software uses natural language processing (NLP) to understand the user’s intent and generate contract clauses based on predefined rules and best practices. Ontra AI software also learns from previous contracts and suggests optimal terms and conditions for each scenario. 2
- Contract analysis: Ontra AI software uses NLP to analyze the contract text and extract key information, such as parties, dates, amounts, and obligations. Ontra AI software also compares the contract with internal policies and external regulations and flags any risks or issues. 34
- Contract management: Ontra AI software uses machine learning (ML) to monitor the contract performance and compliance, and alert users of any upcoming deadlines, renewals, or changes. Ontra AI software also provides insights and recommendations on how to improve the contract outcomes and relationships. 56
Some of the best practices for learning Ontra AI software are:
- Using the Ontra Learning portal: Ontra AI software provides interactive courses, videos, and tip sheets to help users master the features and functionalities of Ontra AI software. Users can also access live trainings and webinars to learn from experts and peers. 7
- Using the Ontra Guides: Ontra AI software provides in-depth articles and how-to’s on various topics related to Ontra AI software, such as account engagement, predictive analytics, and customer success. Users can also download ebooks, whitepapers, and case studies to gain more insights and best practices. 8
- Using the Ontra Blog: Ontra AI software showcases the latest news, trends, and tips on revenue intelligence, sales and marketing alignment, and customer stories. Users can also subscribe to the Ontra newsletter to get the latest updates and content delivered to their inbox. 9
