SpotDraft allows in-house legal teams to create, manage, collaborate and sign contracts making it a single source of truth for every fast-growing company. The AI-driven solution empowers in-house legal teams to save up to 10 hours per week and helps them close deals 25% faster, freeing them to focus on more strategic projects. There are several unique features about SpotDraft - contract templates, third-party integrations, unlimited storage, bulk import of historical contracts, and 100% security.
The defining feature is SpotInsights - a one-of-a-kind contract dashboard that allows the business to: Visualize the entire contract lifecycle across various contract types. Identify bottlenecks in the contracting process. Identify the most negotiated parts of the contract - which in turn allows the in-house counsel to go on to create better first drafts of the contract.