AI-powered contracts for private capital markets
Streamline routine agreements with contract turnaround time as fast as 4 hours
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TRUSTED BY LEADING FIRMS
Benefits
Streamline your routine contract negotiations
Accelerate negotiations
Incorporate AI data and workflow tools to negotiate contracts faster
Drive quality
Leverage playbooks and precedent to help ensure accuracy and consistency
Reduce costs
Finalize contracts with fewer resources, lower spend, and flat per-contract fees
Scale with a total solution
Delegate confidently based on deal volume and negotiation preferences
Features
An AI-powered,
human-in-the-loop
contract negotiation solution
Contract Automation combines purpose-built, industry-specific AI capabilities and an experienced global network of legal professionals to efficiently and effectively handle routine legal agreements.
Digital playbooks
Customizable negotiation preferences in-app create a dynamic, single source of truth.
- Sync preferences across teams by digitally documenting preferred, fallback, and final positions
- Incorporate data-driven insights to understand preferred positions and deviations
- Understand how negotiation outcomes change over time and current market standards
Markup builder
AI-enabled tool limits the need to start each contract negotiation from scratch.
- Surfaces precedent, automates redlines, and generates suggested markups
- Accelerates turnaround time and promotes consistency across agreements
- Compares new documents to previous negotiations and surfaces suggestions based on precedent
Originator email receipt
Ontra's powerful AI automatically detects key terms upon receipt of the document and sends an email confirmation.
- Surfaces restrictions and other contract provisions that may complicate negotiations
Negotiation summaries
AI-powered, complete, and timely contract negotiation summaries.
- View a summary of key legal and business terms for each agreement shortly after negotiation completion
"Human-in-the-loop" approach
Unique combination of human intelligence and leading technology for efficient, high-quality outcomes.
- Tap into the Ontra Legal Network, a global network of over 600 experienced legal professionals
- Deploy AI confidently knowing that the Ontra Legal Network works in parallel with rules-based quality checks
- Dedicated Customer Success team resource to support overall relationship needs
A global, scalable offering
Contract negotiation solution designed with flexible options and usage-based pricing.
- Tap into a usage-based, fixed-fee pricing model for predictable costs and easily allocate fees as fund expenses
- Expand to new strategies, regions, or document types or scale back as needed
- Track negotiation statuses with dashboards and get reports and actionable data-driven insights from your documents
New! Accord: AI-powered contract negotiation software for in-house teams.
Get Onboard
Getting started is easy
Effortless onboarding
Ontra will match you to a team of lawyers and develop a playbook tailored to your preferences.
Skilled negotiation
Members of the Ontra Legal Network negotiate and communicate with counterparties on your behalf.
Dynamic reporting
Access key terms across all of your contracts in easy-to-reference reports.
Fir Tree Partners
"Since partnering with Ontra to process routine legal contracts, we’ve saved an extraordinary amount of time and resources. Our team can now focus on higher-value work and strategic initiatives."
John Ringwood |
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Deputy General Counsel
Sentinel Capital Partners
To summarize Ontra’s benefits, Taurassi used these three words: "Efficiency, consistency, and reliability."
Vincent Taurassi |
Read Customer Story
General Counsel & CCO
Blackstone
"With so many people using Ontra, it has essentially become the standard. It raises the question: 'Why wouldn't you use Ontra?'"
Jon Korngold |
Watch Customer Story
Global Head of Blackstone Growth (BXG)
Trusted insights from Ontra
Get back to the high-value work your team loves–and your company needs
Tap into a more efficient and effective way to handle routine contracts.
Request DemoContract Automation FAQs
- How does the Ontra platform use AI to help with contract negotiations?
- What types of contracts can be automated with Ontra Contract Automation?
- Our company has offices around the globe and receives documents in multiple languages and time zones. Can Ontra manage this?
- Our business team is very demanding and we sometimes need documents reviewed same-day or even immediately. Can Ontra manage this?
- Will I have a consistent team of lawyers managing my documents?
- What is the lawyer selection process like? What input will I have in selecting who works with my team?
- Who are the lawyers on Ontra’s platform?
- How does pricing work for Ontra Contract Automation?