Pactly is a modern contracting platform built for legal in-house teams to draft, review and negotiate their contracts. The platform uses artificial intelligence to help businesses and individuals understand and manage their contracts more effectively. By applying machine learning and natural language processing, Pactly automates the process of reviewing contracts, ensuring that users have a clear understanding of their agreements and reducing the time spent on manual contract review.
The platform is capable of identifying and highlighting key elements in contracts such as obligations, liabilities, and unusual clauses. These insights help users to understand the implications of their contracts more clearly and make informed decisions. By turning complex contract language into structured, easily understandable data, Pactly simplifies the contract review process.
Pactly has a user-friendly interface, which is designed to be accessible for both legal professionals and those with no legal background. It also offers a contract checklist feature, providing users with a summary of key issues to be aware of in their contracts. Additionally, Pactly places a strong emphasis on user privacy and data security, implementing robust measures to protect user data.