Litera

Kira Contract Analysis

6.9 /10

20 Reviews Write a Review

Claim Software

What is Kira Contract Analysis?

Gain visibility into contract repositories within minutes. Automatically extract and summarize any provision from virtually any contract. Uncover insights faster than you thought possible. When you need to know what your contracts say, there's no reason to be in the dark.

Company Details

Need Assistance?

We're here to help you with understanding our reports and the data inside to help you make decisions.

Get Assistance

Awards & Recognition

Kira Contract Analysis won the following awards in the Contract Discovery and Analytics category

Filter By

2023 Data Quadrant Gold Medalist

Latest Award, 2023

7 Top Rated Capabilities

7 Top Rated Features

Latest Award, 2023

2023 Emotional Footprint Champion

2023

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2023

5 Top Rated Capabilities

4 Top Rated Features

2022

Kira Contract Analysis Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Kira Contract Analysis.

75 Likeliness to Recommend

3
Since last award

86 Plan to Renew

10
Since last award

78 Satisfaction of Cost Relative to Value

3
Since last award

{y}

{name}

Emotional Footprint Overview

+81 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Kira Contract Analysis?

11% Negative

3% Neutral

86% Positive

Pros

Transparent
Generous Negotitation
Friendly Negotiation
Acts with Integrity

Feature Ratings

Average 75

Intelligent T&C Extraction

Smart Filters

Intelligent Contract Discovery

Configurable Access Controls

Phase Analysis

AI Powered Analysis

Optical Character Recognition

Trainable System

3rd Party Integration

Custom Search

Intelligent Recommendations

Vendor Capability Ratings

Average 74

Usability and Intuitiveness

Business Value Created

Quality of Features

Ease of Data Integration

Ease of Customization

Vendor Support

Ease of IT Administration

Availability and Quality of Training

Product Strategy and Rate of Improvement

Ease of Implementation

Breadth of Features

Kira Contract Analysis Reviews

Brindisi I.

Role: Finance
Industry: Utilities
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2024

Not the Best to Consider

Likeliness to Recommend

3 /10

What differentiates Kira Contract Analysis from other similar products?

The capacity to mitigate risks makes the app profound

What is your favorite aspect of this product?

The inclusion of AI and machine intelligence makes it quite helpful

What do you dislike most about this product?

The deployment process is hectic The price is also so high

What recommendations would you give to someone considering this product?

Make no mistake of this approach

Pros

Acts with Integrity
Generous Negotitation
Over Delivered
Transparent

Cons

Inhibits Innovation
Slower Product Innovation
Less Performance Enhancing

Role: Information Technology
Industry: Healthcare
Involvement: IT Development, Integration, and Administration

Validated Review

Anonymous Reviewer

Submitted Jan 2024

This product will outperform your expectations!

Likeliness to Recommend

9 /10

Pros

Performance Enhancing
Enables Productivity
Inspires Innovation
Helps Innovate

Pragya J.

Role: C-Level
Industry: Other
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Jan 2024

Kira is one of the best Contract Analysis Software

Likeliness to Recommend

9 /10

What differentiates Kira Contract Analysis from other similar products?

It’s AI power to abstract clauses with perfection!

What is your favorite aspect of this product?

It reduces the time taken to abstract multiple clauses from an Agreement.

What do you dislike most about this product?

There is nothing to dislike!

What recommendations would you give to someone considering this product?

It’s AI is teachable and you can mould the abstraction guidance as per your requirements!

Pros

Saves Time
Over Delivered
Transparent
Helps Innovate

Kira Contract Analysis

What is Kira Contract Analysis?

Company Details

Need Assistance?

Awards & Recognition

2023 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2021 Data Quadrant Gold Medalist

2021 Emotional Footprint Champion

2020 Data Quadrant Gold Medalist

Kira Contract Analysis Ratings

75 Likeliness to Recommend

3 Since last award

86 Plan to Renew

10 Since last award

78 Satisfaction of Cost Relative to Value

3 Since last award

Emotional Footprint Overview

+81 Net Emotional Footprint

How much do users love Kira Contract Analysis?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Intelligent T&C Extraction Automated section, clause and term level identification and extraction based on pre-programmed rules.

Smart Filters Granular control of scope of search based on metadata criteria such as date, source, file type.

Intelligent Contract Discovery Search, discover, and index contracts from CRM, procurement, marketing, HR, ECM, etc., centralize document copies and extract/import to target system(s).

Configurable Access Controls Role and user based security access controls. ISO 27002 compliant.

Phase Analysis Automated identification of key phrases from the data set, ranked by occurrence.​

AI Powered Analysis Automate the contract review and clause extraction process to yield insights from unstructured data leveraging ML, NLP, deep learning, latent semantic indexing.

Optical Character Recognition Optical Character Recognition (OCR) capabilities to accurately extract text from contract images.

Trainable System System learns to extract information unique to the organization’s contracts or defined criteria.

3rd Party Integration Ability to access and run search and discovery and extraction across 3rd party systems.

Custom Search Create customer search policies to identify risk and revenue opportunities for a Line of Business (LOB).

Intelligent Recommendations Identifies risk areas in contract areas vs. standard clause library or custom generated flags.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Kira Contract Analysis Reviews

Brindisi I.

Not the Best to Consider

Likeliness to Recommend

Pros

Cons

This product will outperform your expectations!

Likeliness to Recommend

Pros

Pragya J.

Kira is one of the best Contract Analysis Software

Likeliness to Recommend

Pros

3
Since last award

10
Since last award

3
Since last award

Feature Ratings

Intelligent T&C Extraction

Smart Filters

Intelligent Contract Discovery

Configurable Access Controls

Phase Analysis

AI Powered Analysis

Optical Character Recognition

Trainable System

3rd Party Integration

Custom Search

Intelligent Recommendations

Vendor Capability Ratings

Usability and Intuitiveness

Business Value Created

Quality of Features

Ease of Data Integration

Ease of Customization

Vendor Support

Ease of IT Administration

Availability and Quality of Training

Product Strategy and Rate of Improvement

Ease of Implementation

Breadth of Features