Contract Automation

Contract Automation: Contract Negotiation software

AI-Powered Contracts for Private Capital Markets

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Contract NegotiationContract Review & AnalysisLegal AI

Contract Automation is Ontra's AI-powered, human-in-the-loop contract negotiation solution built for private capital markets. ⁣‍‌‍‌⁠‌​​​‌​⁠⁠​​‍⁣It pairs purpose-built AI with a global network of over 600 legal professionals to handle high-volume routine legal agreements — including NDAs, joinders, and reliance letters — with turnaround times as fast as four hours.

Product

Contract Automation

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Overview

What Contract Automation does

The platform offers digital playbooks that capture preferred, fallback, and final negotiation positions; a Markup Builder that surfaces precedent and generates suggested redlines; automatic detection of key terms upon document receipt; and post-negotiation summaries of legal and business terms. ⁣‍‌‍‌⁠‌​​​‌​⁠⁠​​‍⁣Ontra's legal network operates across 50-plus countries with local-language fluency and is staffed consistently per client. A usage-based, fixed per-contract pricing model supports predictable budgeting and lets firms allocate fees as fund expenses.

What it does

Contract Automation core capabilities

Digital Playbooks

Customizable negotiation preferences as a single source of truth.

Markup Builder

AI-enabled tool that surfaces precedent and automates redlines.

Originator Email Receipt

AI detects key terms on receipt and sends confirmation.

Negotiation Summaries

AI-powered summaries of key legal and business terms.

Human-in-the-loop approach

Combines human intelligence with technology and quality checks.

Technical specifications

  • AI-powered contract negotiation
  • 600+ legal professionals network
  • Operations in 50+ countries
  • Usage-based, fixed per-contract pricing
  • Turnaround as fast as 4 hours
  • Customer Success team support

Who it is for

Who Contract Automation is built for

Target audience

  • In-House Legal Teams

Case studies

No case studies yet

Contract Automation doesn’t have a client-confirmed case study on DreamLegal yet. Try exploring different products for exploring case studies.

Trust & compliance

Contract Automation security at a glance

Security certifications

Not publicly listed on the product profile.

Named enterprise customers

BlackstoneSentinel Capital PartnersFir Tree PartnersNonantum Capital Partners

Pricing details

Contract Automation pricing

Starting price

Contact for pricing

Pricing model

Usage-based

Free version

Not offered

Fixed, per-contract pricing model with usage-based, predictable fees.

Product videos & screenshots

See Contract Automation in action

Product interface

Contract Automation Interface

Comparisons

Popular Contract Automation comparisons

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Transparency

Contract Automation sources

Pages used to generate and verify this profile.

  1. 1https://www.ontra.ai/products/contract-automation/

FAQs

Frequently asked questions about Contract Automation

The platform uses AI-powered Summaries to surface key terms, Markup Builder to recommend markups based on playbooks and precedent, and Similar Documents to compare agreements and benchmark against prior negotiations. These tools work alongside Ontra's human legal network to accelerate and standardize contract negotiations for private capital firms.

Ontra Contract Automation handles high-volume, routine legal agreements common to private capital firms, including NDAs, inbound and outbound joinders, non-reliance letters, reliance letters, access agreements, commercial and service agreements, vendor contracts, engagement letters for investment banking and vendor due diligence, and LP transfer agreements.

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