Overview
What is Summize?
Summize supports digital contracting with a CLM solution that puts the user experience first. It embeds workflows directly into existing technologies that are already in use across a business, including Teams, Slack, Salesforce, Jira and Word. In-house legal teams can…
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- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
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- Integrations
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- Tech Details
What is Summize?
In-house legal teams can use Summize to bring to life the contents of a contract with AI-powered metadata summaries, saving hours in manual review time. Comprehensive analytics and centralised repository provide insights to make informed decisions.
Traditional contract management involves manual stages that limit contracts from achieving their maximum value or meeting compliance requirements. Summize addresses these issues including time, cost, and quality by utilising AI-powered workflows for in-house legal teams and empowering commercial teams to self-serve.
Summize embeds with familiar tools to speed up contract creation, review and overall adoption for the wider business, to optimize workflows and the successful implementation of the product. Additionally, the Summize Legal Front Door is a dynamic solution that fosters collaboration between contract stakeholders through a centralised intake process, automating legal requests to drive faster deals.
Summize Features
Contract Authoring Features
- Supported: Contract creation
- Supported: Contract templates
- Supported: Clause library/saved fields
- Supported: Contract attachments
Contract Collaboration Features
- Supported: Contract sharing
- Supported: Contract editing
- Supported: Collaborating on contracts
- Supported: MS Word plug-in
- Supported: Approval process
- Supported: Parallel approvals
- Supported: Interdepartmental workflows
Contract Monitoring Features
- Supported: Contract database
- Supported: Contract search
- Supported: Contract milestone reminders & alerts
- Supported: Custom contract reports
- Supported: Tracking contract status
- Supported: Salesforce integration
- Supported: Compliance check
Summize Screenshots
Summize Video
Summize Integrations
- Microsoft Teams
- Slack
- Microsoft SharePoint
- Microsoft Word
Summize Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Supported Countries | United States, United Kingdom |
Supported Languages | English |
Summize Customer Size Distribution
Consumers | 0% |
---|---|
Small Businesses (1-50 employees) | 20% |
Mid-Size Companies (51-500 employees) | 60% |
Enterprises (more than 500 employees) | 20% |
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Reviews
Community Insights
- Business Problems Solved
- Pros
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Summize simplifies the entire contract lifecycle, improving efficiency and reducing operational costs for businesses. By automating contract creation, tracking, and review processes, small teams are able to function seamlessly without compromising their service quality. Users of Summize have observed that the product's features significantly reduce the amount of time spent on contract review while ensuring that all critical clauses and dates are captured.
Further helping legal teams focus on value-add services, Summize provides analysis and summaries that allow for quick and clear understanding of contracts. Through its integration with SharePoint and Adobe Sign, users can work effortlessly within their existing workflows, without any need for additional training or resources. This not only saves time but also minimizes financial risks by reducing the likelihood of missing clauses or key terms. Overall, Summize has revolutionized the way legal teams operate by providing a technology-powered solution that streamlines contracts' lifecycle and eases operational pressure on small teams.
Improvement Commitment: Users have noted that Summize is constantly improving and responsive to customer requests and issues raised during onboarding. This commitment to a continuous improvement process has been praised by several reviewers.
Time-Saver Functionality: Reviewers appreciate the time-saving functionality of Summize, which allows them to quickly move through contract reviews, identify red flags, and set reminders for key dates. The automatic red flags feature and key date calendar were specifically highlighted as valuable tools.
Ease of Use: Summize's ease of adoption was noted as a major plus for minimizing onboarding time for this technology. Several users also found the Clause Manager and Clause Creator Manager features easy to use and appreciated how they allowed them to quickly pull out relevant information from contracts.
Difficult Build Process: Some users found Summize's build process for identifying clauses, contracts, and playbooks to be time-consuming and challenging. This can be particularly difficult for small companies with limited staff resources.
Clunky Navigation: The navigation in Summize was reported by some reviewers as being a little clunky, which can make it harder to use the tool efficiently.
Export Functionality Needs Refinement: A few users have suggested that the export functionality in Summize could benefit from further refinement to facilitate moving review results to other systems.