Volody Smart tool helps the legal team to automate the contract drafting, negotiation and risk management process.

Clause Library – Clause Library features enable the legal team to build their own proprietary clause library and they can refer to it whenever drafting any contract. This will help them to reduce the time required to search for alternate clauses store elsewhere and standardized contract drafting culture across organization,

Risk Metrics – Governance, Risk & Compliances are playing a crucial role in today`s Contract Management process. Volody’s Risk Metrics is an Artificial Intelligence feature identifying the possible risky clauses like unlimited liability, unfriendly jurisdiction, honorous clauses etc. This feature helps the legal team by giving them alert even if the contract writer misses it in reading.

Contract Changes – Whenever any standard contract goes through any changes then the users can take specific clause approvals from the respective business or support team like Finance, Tech, Admin or procurement.

Obligations Compliance & Management – Volody-Smart helps you to store all contractual obligations in one place and then enable reminders to respective stakeholders when the obligations become due including escalations.

Meta-data Updation – In case of third party contracts it is difficult to get the meta-data fields which are necessary for the MIS of the system. Volody-Smart helps Contract writers build these meta-data without much effort and save time.

This is an Enterprise Add-in and can be acquired for new individual users as well.

Supported MS-365 Version - Version 2403 Build 16.0.17425.20176 or above

Supported OS - Windows 11

Volody CLM

by Volody