Contractable AI is an AI-powered contract review and negotiation platform designed to help legal, sales, and procurement teams manage contracts faster and more efficiently. By combining machine learning with legal expertise, Contractable automates time-consuming tasks like redlining, clause comparison, and risk flagging—reducing contract cycle times and freeing up legal teams for higher-value work.
Built to serve businesses of all sizes, Contractable empowers both legal professionals and non-lawyers to handle complex contract workflows through an intuitive, user-friendly interface. The platform provides real-time insights, smart suggestions, and automated edits, enabling faster turnaround without compromising compliance or accuracy.
Features
AI-Powered Contract Review
Automatically reviews uploaded contracts and highlights potential risks, inconsistencies, and deviations from standard clauses.
Automated Redlining
Generates redlines and clause suggestions instantly based on your organization’s preferred language or playbooks.
Clause Library Integration
Access and insert pre-approved clauses directly into contracts for faster and more consistent negotiation.
Risk Scoring
Assigns risk levels to contracts and clauses based on legal exposure, non-compliance, or unfavorable terms.
Collaborative Editing
Invite internal or external stakeholders to review, edit, and comment on contracts in real time.
Third-Party Paper Review
Upload and review contracts received from outside parties, with AI comparing them against your preferred standards.
Custom Playbooks
Define your own negotiation rules, fallback positions, and clause preferences to guide the AI’s suggestions.
Version Control & Audit Trails
Track every change, comment, and approval with full version history and transparent audit trails.
How It Works
Contractable simplifies the contract review and negotiation process using artificial intelligence and automation. Here’s how it works:
Upload or Draft a Contract
Start by uploading a third-party agreement or drafting a new one using Contractable’s editor or templates.AI Contract Review
The AI analyzes the contract, flags issues, and provides suggestions based on your company’s legal standards and risk thresholds.Edit and Collaborate
Make edits directly within the platform, collaborate with stakeholders, and apply redlines using AI-generated inputs.Approve and Finalize
Once the negotiation is complete, finalize the document with a clean version ready for signature or export.
This workflow reduces the manual effort typically required in contract negotiation and ensures standardization across all agreements.
Use Cases
In-House Legal Teams
Automate first-pass reviews, flag risky clauses, and ensure compliance across contracts with limited legal staff.
Sales Teams
Accelerate deal cycles by handling redlines and basic contract reviews without waiting on legal approvals.
Procurement Departments
Quickly assess third-party vendor agreements for risk, pricing terms, and service level obligations.
Startups and SMBs
Manage contracts efficiently without hiring a full legal team—leverage AI for faster, more confident reviews.
Legal Operations Professionals
Standardize and optimize contract processes across departments, reducing friction and increasing efficiency.
Pricing
Contractable AI does not currently display public pricing on its official website. However, based on industry standards, pricing is likely to vary depending on:
Number of users or seats
Monthly contract volume
Features required (e.g., redlining, custom playbooks)
Integration and support levels
Interested teams are encouraged to request a demo or contact the Contractable team directly to receive a tailored quote based on their needs.
Strengths
Speeds Up Contract Review
Reduces legal review cycles by automating risk detection and clause comparison.
Customizable to Your Standards
Playbooks and clause libraries ensure the AI reflects your organization’s preferences.
Supports Non-Legal Users
Designed to be user-friendly enough for sales and business teams to participate in contract workflows.
Redlines in Seconds
Saves hours of manual editing by generating smart redlines and suggestions instantly.
Risk Visibility
Provides immediate insight into the legal exposure and red flags in any contract.
Improves Collaboration
Brings internal and external collaborators into a single platform for smoother negotiations.
Drawbacks
No Public Pricing
The lack of transparent pricing may delay decision-making for small teams or startups.
Currently Contract-Focused Only
Limited to contract workflows; does not handle broader legal document types like litigation files or compliance policies.
Initial Setup Needed
For best results, organizations must upload their clause libraries and define playbooks, which takes time to configure.
Limited Third-Party Integrations (as of writing)
Information on integrations with tools like Salesforce, DocuSign, or Microsoft Word is not clearly available.
Dependent on Input Quality
AI accuracy may depend on the quality and clarity of uploaded contract language.
Comparison with Other Tools
vs. Ironclad
Ironclad is a full-featured CLM platform with workflow automation. Contractable focuses more on AI-driven review and negotiation support.
vs. Lexion
Lexion offers strong search and contract management capabilities. Contractable is more negotiation- and redlining-focused.
vs. Juro
Juro emphasizes contract creation and approvals with a modern UI. Contractable excels in AI redlining and clause analysis.
vs. LawGeex
LawGeex also offers automated contract review but is often more tailored to enterprise legal teams. Contractable is accessible for mid-sized companies and cross-functional teams.
Customer Reviews and Testimonials
While Contractable’s website does not currently feature detailed public reviews or testimonials, its product messaging emphasizes value for legal and business users alike. Early adopters appreciate the ability to:
Cut contract review time by 50% or more
Empower sales and procurement teams to handle basic negotiations
Maintain contract compliance without heavy legal oversight
These benefits are especially important for lean legal departments and growing businesses managing multiple agreements.
Conclusion
Contractable AI is a next-generation legal tool that brings speed, intelligence, and standardization to the contract review process. By automating redlines, identifying risks, and enabling cross-functional collaboration, it helps legal and business teams reduce friction, shorten deal cycles, and maintain compliance.
For organizations looking to streamline their contract workflows without hiring more legal staff, Contractable offers an efficient and modern solution that leverages the power of AI to simplify complex legal processes.