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Kira Contract Analysis

7.5 /10

19 Reviews Write a Review

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What is Kira Contract Analysis?

Gain visibility into contract repositories within minutes. Automatically extract and summarize any provision from virtually any contract. Uncover insights faster than you thought possible. When you need to know what your contracts say, there's no reason to be in the dark.

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Awards & Recognition

Kira Contract Analysis won the following awards in the Contract Discovery and Analytics category

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2023 Data Quadrant Gold Medalist

Latest Award, 2023

7 Top Rated Capabilities

7 Top Rated Features

Latest Award, 2023

2023 Emotional Footprint Champion

2023

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2023

5 Top Rated Capabilities

4 Top Rated Features

2022

Kira Contract Analysis Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Kira Contract Analysis.

82 Likeliness to Recommend

4
Since last award

97 Plan to Renew

1
Since last award

82 Satisfaction of Cost Relative to Value

1
Since last award

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Emotional Footprint Overview

+93 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Kira Contract Analysis?

0% Negative

3% Neutral

97% Positive

Pros

Saves Time
Altruistic
Transparent
Continually Improving Product

Feature Ratings

Average 79

Intelligent T&C Extraction

Smart Filters

Intelligent Contract Discovery

Configurable Access Controls

Phase Analysis

3rd Party Integration

AI Powered Analysis

Custom Search

Optical Character Recognition

Trainable System

Intelligent Recommendations

Vendor Capability Ratings

Average 80

Breadth of Features

Ease of Implementation

Product Strategy and Rate of Improvement

Usability and Intuitiveness

Ease of IT Administration

Vendor Support

Ease of Customization

Ease of Data Integration

Business Value Created

Availability and Quality of Training

Quality of Features

Kira Contract Analysis Reviews

Role: Information Technology
Industry: Healthcare
Involvement: IT Development, Integration, and Administration

Validated Review

Anonymous Reviewer

Submitted Jan 2024

This product will outperform your expectations!

Likeliness to Recommend

9 /10

Pros

Performance Enhancing
Enables Productivity
Inspires Innovation
Helps Innovate

Pragya J.

Role: C-Level
Industry: Other
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Jan 2024

Kira is one of the best Contract Analysis Software

Likeliness to Recommend

9 /10

What differentiates Kira Contract Analysis from other similar products?

It’s AI power to abstract clauses with perfection!

What is your favorite aspect of this product?

It reduces the time taken to abstract multiple clauses from an Agreement.

What do you dislike most about this product?

There is nothing to dislike!

What recommendations would you give to someone considering this product?

It’s AI is teachable and you can mould the abstraction guidance as per your requirements!

Pros

Saves Time
Over Delivered
Transparent
Helps Innovate

Somesh C.

Role: Operations
Industry: Healthcare
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Oct 2023

Unveiling the Power of AI in Contracts

Likeliness to Recommend

9 /10

What differentiates Kira Contract Analysis from other similar products?

Kira excels in handling the complexity of healthcare contracts, which are often rife with industry-specific jargon and intricate clauses. For instance, during a recent audit of our supplier contracts, Kira accurately identified and categorized crucial clauses related to pricing, compliance, and service level agreements. Other contract analysis tools struggled to provide the same level of precision.

What is your favorite aspect of this product?

Kira learns from our data, enabling it to swiftly adapt to new contract types and regulatory changes. This adaptability proved invaluable when we had to quickly incorporate updates to telemedicine regulations into our provider contracts

What do you dislike most about this product?

Training our team to use it effectively was a time-consuming process, especially for those unfamiliar with AI-driven contract analysis tools

What recommendations would you give to someone considering this product?

Kira is a substantial investment, but its ability to expedite contract analysis in the healthcare sector is worth every dollar

Pros

Reliable
Caring
Saves Time
Acts with Integrity

Kira Contract Analysis

What is Kira Contract Analysis?

Company Details

Need Assistance?

Awards & Recognition

2023 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2021 Data Quadrant Gold Medalist

2021 Emotional Footprint Champion

2020 Data Quadrant Gold Medalist

Kira Contract Analysis Ratings

82 Likeliness to Recommend

4 Since last award

97 Plan to Renew

1 Since last award

82 Satisfaction of Cost Relative to Value

1 Since last award

Emotional Footprint Overview

+93 Net Emotional Footprint

How much do users love Kira Contract Analysis?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Intelligent T&C Extraction Automated section, clause and term level identification and extraction based on pre-programmed rules.

Smart Filters Granular control of scope of search based on metadata criteria such as date, source, file type.

Intelligent Contract Discovery Search, discover, and index contracts from CRM, procurement, marketing, HR, ECM, etc., centralize document copies and extract/import to target system(s).

Configurable Access Controls Role and user based security access controls. ISO 27002 compliant.

Phase Analysis Automated identification of key phrases from the data set, ranked by occurrence.​

3rd Party Integration Ability to access and run search and discovery and extraction across 3rd party systems.

AI Powered Analysis Automate the contract review and clause extraction process to yield insights from unstructured data leveraging ML, NLP, deep learning, latent semantic indexing.

Custom Search Create customer search policies to identify risk and revenue opportunities for a Line of Business (LOB).

Optical Character Recognition Optical Character Recognition (OCR) capabilities to accurately extract text from contract images.

Trainable System System learns to extract information unique to the organization’s contracts or defined criteria.

Intelligent Recommendations Identifies risk areas in contract areas vs. standard clause library or custom generated flags.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Kira Contract Analysis Reviews

This product will outperform your expectations!

Likeliness to Recommend

Pros

Pragya J.

Kira is one of the best Contract Analysis Software

Likeliness to Recommend

Pros

Somesh C.

Unveiling the Power of AI in Contracts

Likeliness to Recommend

Pros

4
Since last award

1
Since last award

1
Since last award

Feature Ratings

Intelligent T&C Extraction

Smart Filters

Intelligent Contract Discovery

Configurable Access Controls

Phase Analysis

3rd Party Integration

AI Powered Analysis

Custom Search

Optical Character Recognition

Trainable System

Intelligent Recommendations

Vendor Capability Ratings

Breadth of Features

Ease of Implementation

Product Strategy and Rate of Improvement

Usability and Intuitiveness

Ease of IT Administration

Vendor Support

Ease of Customization

Ease of Data Integration

Business Value Created

Availability and Quality of Training

Quality of Features