Ironclad

What is Ironclad?

Ironclad is an enterprise-grade Contract Lifecycle Management (CLM) platform that leverages artificial intelligence to automate and optimize the entire contracting process. Its mission is to empower legal teams to become business drivers by reducing manual tasks and accelerating deal cycles. By providing a centralized repository, dynamic approval routing, and AI-powered insights, it serves legal, sales, and procurement teams. The software solves the problem of siloed contract data and slow negotiations, allowing organizations to manage agreements efficiently and securely while minimizing legal risk.

How to use Ironclad?

To use Ironclad effectively, administrators first leverage its no-code drag-and-drop workflow builder to design custom contract generation and approval processes. Users can then initiate contracts via self-serve templates, utilizing the Ironclad AI assistant to automatically extract key terms, review clauses against company playbooks, and suggest redlines directly within Microsoft Word. Finally, teams track the real-time status of agreements through a centralized dashboard and utilize the secure repository to store, search, and analyze all signed contracts for future business intelligence.

Ironclad's Core Features

• Provides a centralized, highly searchable repository for storing all enterprise contracts.

• Features a drag-and-drop workflow builder to automate custom contract approval processes.

• Utilizes Ironclad AI to automatically identify risks and suggest clause edits.

• Enables self-serve contract generation for non-legal teams using standardized templates.

• Integrates seamlessly with Salesforce to accelerate sales contract cycles.

• Allows simultaneous collaboration and redlining directly within Microsoft Word.

• Extracts essential metadata from third-party documents using advanced AI.

• Delivers a comprehensive dashboard for real-time tracking of agreement statuses.

Ironclad's Use Cases

• #1

  Automating standard NDA and MSA creation for sales teams.

• #2

  Streamlining legal review processes with AI-suggested redlines.

• #3

  Centralizing legacy contracts into a searchable corporate repository.

• #4

  Managing procurement agreements and tracking crucial renewal dates.

• #5

  Routing contracts for multi-departmental approval automatically.

• #6

  Extracting key metadata and clauses from third-party vendor paper.