Clment

️ 🖼Tool Name:

Clment

🔖 Categories:

• Invoices, Contracts, and Proposals
• Governance, Compliance, and Policies
• Business Document Creation
• Business and Operations Management
• Integrations and APIs

️ ✏What does this tool offer?

Clment is an AI-powered platform for analyzing and reviewing contracts. Users can upload a contract in PDF or Word format and have it reviewed according to a set of rules and criteria they define themselves, or use the predefined rules provided by the platform.

The platform analyzes contracts and extracts key clauses, identifies risks, and highlights the exact text or clause on which each alert is based. It also extracts key dates, such as renewal and expiration dates, assesses the level of risk, and suggests appropriate amendments to the clauses.

Clment supports contract processing using OCR,analyzing and classifying more than 60 types of contracts,with the ability to identify the parties, contract duration, annual value, and other important information in a single process.

After uploading a contract, it can be reviewed according to natural-language rules defined by the user, or the AI assistant can generate a set of rules for it, in addition to the option to use Clment’s predefined rules.

The platform also provides tools for team collaboration, such as tagging colleagues, commenting on review results, and individually approving or objecting to specific clauses, as well as the ability to ask questions in natural language about the contract and receive answers supported by citations from relevant clauses.

Clment provides a risk assessment system on a scale of 0 to 100 across seven different dimensions, including financial, liability, intellectual property, regulatory, and other aspects. It also allows users to track key dates, send alerts regarding renewal and expiration dates, and sync these with their calendar.

One of its advanced features is the ability to convert review decisions into a Word document containing the amendments using Tracked Changes,so that the amended contract is ready to be sent. When the revised version is returned by the other party, the platform can compare the two versions and highlight the changes made to them.

The platform can also leverage the results of previous reviews to improve the user’s ruleset.

In terms of security, Clment states that it is SOC 2 Type IIcertified and uses TLS 1.3 encryption during data transmission andAES-256 encryption during storage, with each organization’s data isolated from that of other organizations. It also confirms that contract data is not used to train AI models, and that AI calls are made through endpoints that do not retain data.

⭐ What does it actually offer based on user experience?

• Upload contracts in PDF or Word format.
• Analyze contracts using AI.
• Review contracts according to rules specified by the user.
• Use pre-built rules provided by Clment.
• Create review rules using the AI assistant.
• Extract key clauses from contracts.
• Identify risks and highlight the clause triggering the alert.
• Extract renewal and expiration dates.
• Identify the contracting parties, contract term, and annual value.
• Process contracts using OCR.
• Analyze and classify more than 60 types of contracts.
• Ask questions about the contract in natural language.
• Provide answers supported by quotes from relevant clauses.
• Assess risk on a scale of 0 to 100.
• Assess risk across seven different dimensions.
• Collaborate with team members through comments and tags.
• Agree or disagree with clauses individually.
• Synchronize key dates with the calendar.
• Send alerts about renewal and expiration dates.
• Create a Word document with the changes using Tracked Changes.
• Compare the revised version of the contract with the previous version.
• Use the results of previous reviews to improve user rules.

🤖 Does it include automation?

Yes, Clment includes automation capabilities related to contract review and management.

Users can define review rules in natural language or let the AI assistant generate the rules, then use these rules to analyze contracts, detect risks, and extract important information.

The Business plan also provides full access to the API and process automation capabilities, while the platform allows users to track key dates, send alerts regarding renewals and expirations, and sync them with their calendar.

💰 Pricing Model:

Monthly or annual subscription with a free plan — Clment offers a free plan, along with paid plans that scale according to user needs and contract portfolio size.

Payment options are available on a monthly or annual basis, with the annual subscription offering the equivalent of two months free. The information provided also indicates that there are no hidden fees or additional charges per user.

🆓 Free Plan Details:

💳 Paid Plan Details:

Pricing is available in several currencies, including the U.S. dollar, British pound, euro, New Zealand dollar, Australian dollar, and Canadian dollar,with the option to pay monthly or annually.

🧭 How to access the tool:

🔗 Trial link or official website:

Clment – Official Website and Pricing