Contract Review
AIDA Solutions
Contract Review
Contract Review AI Solution
Patheon’s Odyssey AIDA Contract Review is an innovative software solution designed to streamline and optimize the review of third-party contracts, delivering significant time and cost savings.
This advanced platform allows organizations to analyze third-party contracts by comparing their clauses against the company’s standard terms and conditions for the relevant contract type.
Each clause is evaluated for compliance, assigned a score, and accompanied by a detailed legal rationale for the assigned rating. Additionally, the software identifies clauses that are absent from the third-party contract.
For clauses scoring below a customizable compliance threshold—tailored to your organization’s specific requirements—Odyssey AIDA can automatically rewrite the clause. This rewriting process leverages a blend of your organization’s standard clause language and the third-party clause to improve compliance and alignment.
By highlighting missing clauses and focusing attention on low-scoring sections, Odyssey AIDA enables legal teams to prioritize critical aspects of the contract negotiation process.
This streamlined approach reduces dependency on external legal counsel, accelerates the contract review process, and enhances overall operational efficiency—ultimately saving your organization valuable time and resources.
Features
Clause Compliance Scoring
Missing Clause Identification
Automated Clause Rewriting
Customizable Compliance Thresholds
Legal Justification Insights
Streamlined Review Process
Standard Clause Comparison
Reduced Legal Dependence
Benefits
Time Efficiency
Speeds up the contract review process by automating clause evaluation and rewriting, enabling faster negotiations.
Cost Savings
Reduces reliance on external legal counsel and minimizes manual review efforts, lowering overall legal expenses.
Enhanced Compliance
Ensures contracts align with organizational standards by identifying gaps, providing compliance scores, and improving clause accuracy.