Automatically reads and interprets contracts to identify parties, dates, obligations, and key clauses like termination, liability, and payment terms.
Allows users to search across all uploaded documents using natural language queries instead of just keywords.
Provides a structured platform to manage contracts from creation and negotiation through execution, renewal, and termination.
Visual analytics console that highlights risk concentrations, compliance gaps, and portfolio metrics across the entire contract repository.
Stores approved clause libraries and standard templates, ensuring consistency and enforcing preferred legal positions during contract creation.
Legal teams use Ultria to rapidly analyze thousands of contracts from a target company. The AI extracts key terms, identifies change-of-control provisions, and flags potential liabilities across employment, customer, and supplier agreements. This accelerates the due diligence timeline from weeks to days and provides a more comprehensive risk assessment, enabling better-informed deal decisions and negotiation points.
In-house counsel employs Ultria to track ongoing obligations (e.g., reporting requirements, service levels, payment terms) buried in active contracts. The system automatically surfaces these obligations, sets reminders, and generates reports for internal stakeholders. This ensures the company meets its contractual duties, avoids penalties, and maintains strong partner relationships through proactive compliance.
Procurement and legal departments implement Ultria to review all incoming vendor contracts against company-approved playbooks. The AI highlights deviations from standard terms, such as unfavorable liability caps or non-standard termination clauses. This ensures consistency, reduces legal risk, and empowers procurement teams to negotiate from a position of strength with clear guidance.
Finance and operations teams leverage Ultria's analytics to gain visibility into the entire contract portfolio. They can identify redundant services, consolidate vendors, and forecast renewal costs. Automated alerts for upcoming renewals prevent auto-renewal of unfavorable terms and create opportunities to renegotiate based on usage data and market rates.
When facing a regulatory inquiry or internal audit, legal and compliance teams use Ultria's powerful search to quickly locate all contracts relevant to a specific regulation (e.g., GDPR, CCPA). The ability to demonstrate a systematic approach to contract governance and risk management streamlines the audit process and reduces regulatory exposure.
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15Five operates in the people analytics and employee experience space, where platforms aggregate HR and feedback data to give organizations insight into their workforce. These tools typically support engagement surveys, performance or goal tracking, and dashboards that help leaders interpret trends. They are intended to augment HR and management decisions, not to replace professional judgment or context. For specific information about 15Five's metrics, integrations, and privacy safeguards, you should refer to the vendor resources published at https://www.15five.com.
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