Summize Review
What is Summize?
Summize is a straightforward, intelligent, and cost-effective contract management software that helps legal firms, internal legal teams, and businesses save time and money when working with contracts. This rules-driven tool provides an easy, accurate, and comprehensive way to create, manage, analyze, and review contracts of any type.
Summize also has an add-on that enables users to instantly build contracts from scratch in Microsoft Word. Users can extract and define clauses and terms from their company’s playbook and insert them into contracts. The software automatically analyzes these contracts and pulls essential pieces of information that are organized into summaries. This capability lets users discover clause or term usage errors, important dates, and contractual insights.
With Summize, users can also organize contracts, clauses, and terms in a table, add comments and notes to contracts and share contract summaries with internal and external users. Summize can work with other tools and applications, letting users efficiently create, handle, and review contracts in their own workflows.
Show MoreOverview of Summize Benefits
Instant Contract Insights
Summize enables users to quickly obtain information about contracts throughout their lifecycle. Based on standard or custom clauses and rules, the software pulls data from your contracts and organizes and presents it in a simple, clear, and accurate manner. Thus, you’ll access all the essential and relevant contract data you need without scrolling through the whole document.
You can generate summaries that contain key information about your contracts, including clauses, terms, definitions, dates, and business details. When you click on selected data from a summary, the software will highlight all of the specific paragraphs in the contract that are related to that data.
Through summaries and insights, you’ll be able to simplify and optimize your contract analysis and review process. You’ll immediately find answers to various contractual questions, identify and mitigate legal risks, and conduct effective negotiations. This way, you’ll make your business or firm more efficient, competitive, and profitable.
Easy & Accurate Contract Creation
The contract management software lets you generate comprehensive and consistent contracts without difficulties. In fact, you can create contracts directly within Microsoft Word using Summize’s Word add-on. This add-on allows you to extract appropriate terms and phrases from your company’s playbook or Summize’s database of standard clauses.
You can quickly add those terms and phrases to the contracts you’re creating. You’ll have the ability to create and edit definitions of terms, clauses, and information as well. Summize permits you to perform checks and access insights after you make your contracts. For instance, you’ll determine the number of times a term or clause is used erroneously in the contract.
Better Engagement
Summize allows you to smoothly engage with different stakeholders in creating, managing, and reviewing contracts. You can organize contracts based on location, client, team, contract type, or contract status and delegate them to the right people. You’ll also be able to send automated email reminders to stakeholders to notify them of important schedules and deadlines.
You can even include comments, notes, and red flags in your contracts. This way, users can focus on particular aspects that require immediate attention like, potential business or legal risks. Moreover, contract summaries can be shared with team members, executives, and clients through exports or read-only links.
Show MoreOverview of Summize Features
- Contract Summaries
- Insights
- Contract Analysis & Review
- Health Check
- Red Flags
- Comments & Notes
- Contract Creation
- Word Add-on
- Playbook Integration
- Clause Manager
- Clause & Term Definitions
- Contract Management
- Table View
- Calendar Notifications
- Read-only Links
- Summary Export
- Integrations
What Problems Will Summize Solve?
1. It takes teams huge amounts of time to complete a contract review or due diligence manually. Providing instant contract summaries, Summize reduces the time spent on reviews by 85%.
2. Contract management can be messy and unorganized, and it can be difficult to find certain clauses or information. With Summize, information can be found at the drop of a hat and the dashboard provides the information you need to see about contract status, red flags, location, and more.
3. Contract creation can lead to legal and financial risks or improper use of clauses. Using the Summize Microsoft Word Add-In, the user can access the organization’s playbook and pull clauses to produce their own contract, as well as run health checks on their work.
Awards & Quality Certificates
Summize Position In Our Categories
Bearing in mind businesses have special business needs, it is reasonable that they avoid preferring a one-size-fits-all, “perfect” business program. Nonetheless, it is hard to discover such application even among widely used software products. The sensible step to undertake is to write down the varied main aspects that need inspection like major features, budget, skill aptitude of staff members, business size, etc. Next, you must conduct your product research exhaustively. Read some Summize evaluations and check out each of the software solutions in your list more closely. Such well-rounded product investigation ascertains you weed out unsuitable software products and subscribe to the one that has all the features your company requires to be successful.
Position of Summize in our main categories:
TOP
50
Summize is one of the top 50 Contract Lifecycle Management (CLM) Software products
If you are interested in Summize it might also be beneficial to check out other subcategories of Contract Lifecycle Management (CLM) Software gathered in our database of B2B software reviews.
Every business has its own characteristics, and can call for a particular type of Contract Lifecycle Management (CLM) Software solution that will be fit for their company size, type of clients and staff and even particular niche they deal with. We advise you don't count on finding a perfect solution that is going to be suitable for each business no matter what their history is. It may be a good idea to read a few Summize Contract Lifecycle Management (CLM) Software reviews first and even then you should pay attention to what the solution is supposed to do for your business and your workers. Do you require a simple and intuitive solution with only essential functions? Will you actually use the advanced tools needed by pros and big enterprises? Are there any specific tools that are especially practical for the industry you operate in? If you ask yourself these questions it will be much easier to find a trustworthy software that will match your budget.
How Much Does Summize Cost?
Summize Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are Summize pricing details?
Summize Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
Summize’s enterprise pricing information is available only on demand.
User Satisfaction
Positive Social Media Mentions
73
Negative Social Media Mentions
3
We realize that when you choose to buy a Contract Lifecycle Management (CLM) Software it’s vital not only to learn how professionals rank it in their reviews, but also to discover if the actual users and businesses that bought this software are actually happy with the product. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Summize reviews across a broad array of social media sites. The data is then presented in a simple to digest form revealing how many clients had positive and negative experience with Summize. With that information available you will be prepared to make an informed purchasing decision that you won’t regret.
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Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Summize?
Summize integrates with:
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Microsoft Word
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Microsoft Teams
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Slack
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Salesforce
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Jira
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Microsoft Excel
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DocuSign
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Adobe Sign
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Oneflow
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Outlook & Gmail
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