Zoho Contracts and ChatGPT integration
Leverage the power of artificial intelligence to transform your contract management process. Reduce legal dependency, improve contract cycle times, and enhance compliance.
ChatGPT in contract management
- Simplifies building templates and creating contracts by suggesting missing clauses.
- Translates key contract elements, such as clauses and introductory text, to regional languages.
- Discovers contractual obligations and identifies potential risks in a contract.
- Summarizes contracts in simple language for better understanding.
- Summarizes key contract metadata, such as parties involved, effective date, and expiry, for easy reference.
- Provides answers to any specific question raised by users.
Benefits of ChatGPT in contract management
Faster and more accurate contract authoring
Accelerated contract revisions
Reduced legal dependence and costs
Minimized risk of unfulfilled obligations
Enhanced compliance
Improved understanding with translations
How the Zoho Contracts and ChatGPT integration works
Get clause suggestions
When building templates and managing clauses, the AI assistant helps admins with clause suggestions covering various scenarios, including unforeseen situations or edge cases. These suggestions improve accuracy and reduce legal dependency. Users can also employ the AI assistant to find any missing clauses in a contract while drafting. These suggestions minimize risks and improve review cycles.
Translate contract elements
When managing contract templates, contract letters, and clauses, the AI assistant provides translation options. Admins can translate contract elements, such as clauses, intros, and ending texts, into their regional languages. This helps localize contracts into multiple regional languages effortlessly, enabling improved understanding.
Discover contractual obligations and risks
The AI assistant identifies contractual obligations, such as payments and delivery deadlines, ensuring that they're tracked and managed effectively. It analyzes contracts to highlight potential risks like ambiguous language, helping businesses improve their reviews and redlines, as well as minimize potential liabilities.
Summarize your contracts and extract metadata
The AI assistant comes in handy when contract owners want a brief overview of their contracts. Summarizing contracts in non-legalese terms helps involved stakeholders quickly understand key terms and obligations. Additionally, the AI assistant can automatically extract essential metadata, such as parties involved, effective date, and expiry date, enhancing efficiency and promoting better planning.
Get answers to any contract queries
The AI assistant allows users to ask specific questions about their contracts—whether they're about clauses, obligations, or other details—and provides tailored insights. This AI-powered capability simplifies contract analysis and supports informed decision-making.