Onit Launches Generative AI-Powered Contract Management Tool 'Catalyst for Contracts'
The contract solution comes with a chat feature designed to let users have conversations with their contracts and ask questions about clauses, draft language or find inconsistent terms, among other use cases.
November 09, 2023 at 08:00 AM
4 minute read
Contracts
On Thursday, enterprise legal management (ELM) and contract lifecycle management (CLM) provider Onit released Catalyst for Contracts, the company's generative artificial intelligence-powered contract management software.
Alongside its release, the company also announced the launch of four new role-based reporting templates for Onit's ELM software, including a Matter Suite to track matter-related key performance indicators; a Spend Suite to add visibility across invoices and budgets; a Vendor Suite to review spend and matters through the lens of vendors; and an Executive Suite which provides key insights across legal matters and spend management.
Courtesy screenshot of Catalyst chat.
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