Contractam
What is Contractam?
Contractam is an AI-assisted contract-management platform for Australian small and midsize businesses, particularly those without dedicated in-house legal teams. It supports contract drafting, review, clause improvement, negotiation preparation, and ongoing agreement management.
The platform is intended to help users identify issues and prepare contracts for review; it does not replace legal advice for matters that require a lawyer.
Key Capabilities
- Contract drafting: Generates business agreements from guided questions and tailored inputs.
- Contract analysis: Reviews clauses against Australian standards, identifies potential risks, and scores clauses for compliance, fairness, and clarity.
- Cross-clause review: Assesses how clauses interact and prioritizes issues by potential business impact.
- Clause improvement: Presents suggested revisions alongside the original clause and explains the reason for the recommendation.
- Negotiation preparation: Provides prioritized issues and suggested language that users can use when negotiating an agreement.
- Contract register: Stores agreements with a unique reference, status, analysis history, and revision record.
- Date reminders: Tracks renewals, expiries, and other key contract dates.
- AI contract assistant: Answers questions using the organization’s contract data and flags scenarios that may require legal review.
Audience & Use Cases
Contractam is designed for Australian business owners, human resources and recruitment teams, and operations teams managing employment, contractor, supplier, service, confidentiality, and lease agreements. It is suited to organizations that need a structured contract process without adopting a complex enterprise legal-management system.
Technical Specifications
Contractam states that stored contracts are encrypted, restricted to the customer account, and not used to train its AI models.
