Exigent Contract Management

Exigent Contract Management is a solution designed to simplify contract management, streamline operations, and provide valuable insights for organizations. According to the vendor, this software caters to companies of all sizes, from small businesses to large enterprises. It is utilized by various professions and industries, including corporate legal departments, law firms, compliance and regulatory professionals, contract managers, and procurement professionals.

Key Features

Data Discovery: According to the vendor, this solution allows users to conduct contextually aware searches across the entire contract portfolio using cognitive and contextual search capabilities. The vendor also states that the solution can be implemented quickly with robust access controls, making it suitable for various applications beyond just legal.

Data Extraction: The vendor claims that this software enables users to drive business analyses by extracting structured data from the contract portfolio, providing valuable insights.

CMS Express: The vendor states that this feature allows users to securely store contracts in a central repository and benefit from rapid search, data extraction, and obligation management capabilities.

CMS Power: According to the vendor, this software offers industry-tailored AI capabilities to identify risks and opportunities, empowering organizations to make informed decisions.

CMS Decision: The vendor claims that this feature helps generate revenue, drive decision-making, and develop strategies through a holistic business solution for contract management.

Greater Visibility, Faster: According to the vendor, this software allows users to view contracts organized by family, amendments, and related documents, which can help highlight areas of concern. The vendor also states that machine learning models can identify common contract features or be tailored to fit unique business needs.

Flexibility and Customization: The vendor claims that users can customize the contract management solution to integrate with ERPs or BI systems and tailor the platform to meet specific industry requirements.

Transform Legal From Cost Center to Value Driver: According to the vendor, this software enables users to extract, process, and analyze contract data to plug revenue leakage and inform business strategy, ultimately turning the legal department into a value driver for the organization.

Expert Support and Managed Services: The vendor states that users can collaborate with data scientists and senior attorneys to ensure accurate and legally relevant data. The vendor also claims that a quality assurance team reviews results for accuracy and relevancy, providing ongoing monitoring, problem resolution, and support for the contract solution.

Impactful, Cost-Effective AI: According to the vendor, this software utilizes sophisticated machine learning technology to extract the right data and accelerate insights, minimizing risk and maximizing return on investment.