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ContractIQ

ContractIQ streamlines contract management with AI, offering easy creation, real-time editing, and export options.
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ContractIQ

What is ContractIQ?

ContractIQ is a platform that revolutionizes contract management through AI-powered solutions. Users can easily create accurate contracts in just three simple steps: selecting a contract type, adding relevant information, and editing/exporting the contract. The platform offers tailored contract templates, real-time editing tools, and seamless export options to cater to various needs. Additionally, ContractIQ has been trained on various sources like Wikipedia, books, and the internet to ensure references to factual information. The platform offers both a free Standard plan and a Pro plan for more advanced features at a monthly cost.

Who created ContractIQ?

ContractIQ was founded by an individual named Scott Syme, who is also the CEO of NexaConsult. The platform utilizes AI to streamline the contract creation process, allowing users to draft accurate contracts efficiently. ContractIQ offers both free and paid plans, with features such as tailored contract templates, real-time editing tools, and seamless export options. It has been trained on various sources like Wikipedia, books, and the internet to enhance its understanding of contracts.

What is ContractIQ used for?

  • Effortless Contract Creation
  • Dynamic Template Selection
  • Real-time Editing Suite
  • Seamless Export Options

Who is ContractIQ for?

  • Consultants
  • Legal professionals
  • Business professionals

How to use ContractIQ?

To use ContractIQ effectively, follow these simple steps:

  1. Choose Your Contract Type: Begin by selecting the contract template that best suits your needs, whether it's a service agreement, NDA, or lease, ensuring that you have the ideal starting point.

  2. Add Relevant Information: Input critical details such as parties involved, specific clauses, and terms. The platform guides you through this process, making sure every essential element is addressed accurately.

  3. Edit & Export: Review the generated contract, make any necessary adjustments, and once satisfied, export the contract in your preferred format, be it a PDF or Word document.

Top Features of ContractIQ:

  • Understanding Contracts: Trained on sources like Wikipedia, books, and the Internet, ContractIQ can reference real-world facts.
  • Tailored Templates: Templates adapt to your industry for precise and relevant contracts.
  • Easy Editing: Modify contracts effortlessly using intuitive tools to align documents with your specific requirements.
  • Flexible Export Options: Choose from a range of export formats compatible with any platform, from PDFs to Word docs.

Pricing Plans:

  • Standard Plan:

    • Cost: Free
    • Includes: 1 contract per month, basic support, and basic AI usage.
  • Pro Plan:

    • Cost: $9.99 per month
    • Includes: Unlimited contracts, priority support with a maximum 24-hour response time, and advanced AI capabilities.

With ContractIQ, streamline your contract management process, simplify drafting, and set yourself up for success in creating accurate contracts efficiently.

ContractIQ Pricing and plans

Paid plans start at $0.00/month and include:

  • 1 contract per month
  • Basic support
  • Uses ContractIQ's basic AI

ContractIQ FAQs

How long does it take to draft and export a contract on ContractIQ?
On average, users spend 2 minutes and 37 seconds to draft & export a contract.
What benefits does ContractIQ offer for drafting contracts?
ContractIQ provides efficiency and precision in drafting contracts, allowing users to maintain consistency while addressing unique client requirements.
What are the steps involved in crafting contracts on ContractIQ?
The steps include choosing the contract type, adding relevant information, and editing & exporting the contract.
How is ContractIQ trained to understand contracts?
ContractIQ has been trained on Wikipedia, books, and the Internet to reference facts about the world.
What export formats are available on ContractIQ?
ContractIQ offers a range of export formats from PDFs to Word docs.
What are the pricing plans offered by ContractIQ?
ContractIQ offers a free Standard plan with 1 contract per month and a Pro plan for $9.99/month with unlimited contracts and priority support.

Get started with ContractIQ

ContractIQ reviews

How would you rate ContractIQ?
What’s your thought?
Arjun Desai
Arjun Desai January 23, 2025

What do you like most about using ContractIQ?

I love the real-time editing feature which allows multiple team members to collaborate seamlessly. It accelerates the drafting process significantly.

What do you dislike most about using ContractIQ?

The interface can feel a bit overwhelming at first, especially for new users. A more guided tutorial would be helpful.

What problems does ContractIQ help you solve, and how does this benefit you?

ContractIQ helps streamline our contract creation process, reducing the time spent on drafting and revising contracts. This allows us to focus on our core business operations.

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Sofia Nguyen
Sofia Nguyen January 25, 2025

What do you like most about using ContractIQ?

The tailored contract templates are fantastic! They save so much time and ensure compliance with local regulations.

What do you dislike most about using ContractIQ?

Sometimes the export options can be a bit tricky to navigate, especially when dealing with large documents.

What problems does ContractIQ help you solve, and how does this benefit you?

It simplifies the contract management process, allowing us to manage multiple contracts effortlessly and reducing the risk of errors.

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Liam O'Connor
Liam O'Connor January 18, 2025

What do you like most about using ContractIQ?

The AI-driven suggestions during contract drafting are incredibly useful. They help improve the quality of our contracts.

What do you dislike most about using ContractIQ?

It would be great to have a mobile app for easier access while on the go.

What problems does ContractIQ help you solve, and how does this benefit you?

ContractIQ minimizes the time we spend on contract management, allowing us to close deals faster and improve our productivity.

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