Docsum is an AI contract negotiation (pre-signature) and data management (post-signature) platform. We enable teams to speed up routine contracting workflows like review and redlining in addition to storage after signature to track key information like renewals and more. If you signed contracts with customers and vendors, we want to help you save time.

If you’ve ever had a contract auto-renew and forget to cancel? We’ve got your back.

TL;DR

Docsum just released a new capability that enables you to upload your signed agreements like customer or vendor contracts, extract key terms, dates, and obligations, and receive timely alerts via email and Slack. Using our platform you can easily get notified on upcoming renewals, create reports on negotiated clauses, and eliminate time spent reading through executed agreements.

How does it work?

1. Upload your signed contracts to Docsum

2. Docsum extracts key data points from your agreements

3. Search, filter, and create custom views

4. Subscribe to timely notifications from these views and export reports

🚀 Docsum in action (3 mins)

Problem: ⚠️ Maintaining key contract details post-signature is a pain

Imagine you have spent weeks negotiating your MSA and order form with your customer and finally got to signature. You completed signing in Docusign, marked your deal closed won in your CRM, and booked revenue — $$$.

But once you’ve signed, there are teams downstream that rely on the data within the contract:

1. Customer Success: Understand the renewal date, auto-renewal provision, negotiated pricing terms, and any defined obligations in the statement of work.

2. Marketing: Understand if the counterparty has provided logo rights and the notification requirements

3. Finance: Understand the negotiated pricing, billing terms, methods, penalties, and obligations to properly recognize revenue.

4. Security: Understand the key SLAs, downtime credits, notification obligations, indemnification provisions, and breach remedies

How are you going to report on these key items across your customer contracts? How do you scale this to cover vendor agreements and other contracts you’ve signed within the business?

⚡️Solution - Docsum Contract Repository to maintain a single state of truth

Upload your NDAs, MSAs, Order Forms, DPAs, BAAs, and more to find information in seconds, stay ahead of deadlines, and uncover hidden risks. All in one beautifully organized contract repository that we build and maintain for you.

Some killer additional features:

1. Native Docusign Integration: Connect your Docusign directly to Docsum to sync all signed agreements. Any contracts you sign will be automatically synced to your Docsum account on a finalized signature.

2. Storage Connections: Find and upload signed agreements using our integration with Google Drive, Dropbox, and Onedrive.

3. Custom Document Fields: If you have unique data fields in your agreements, set up key extractions in any data type like text, booleans, lists, dates, clauses, and more.

4. Standard and Custom Alerts: Receive timely email and Slack notifications for key events like sales or vendor contract renewals. Easily configure reports based on customized views.

5. AI Contract Review and Redlining Module: Speed up pre-signature contract review using playbooks built off your base contract templates. Use our DOCX editor to identify red flags, apply redlines + comments, draft new language using AI, manage versions, and collaborate across your team all within Docsum.

Interested in trying out Docsum? Book a demo today!