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85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Lexion logo
Contract Management Software

4.7 125 user ratings

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74% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

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Overview

Description A data extraction tool called Lexion is intended to assist legal teams in centrally organising and storing contracts. Administrators can receive information about important occurrences and automatically track vital obligations. On a single interface, the platform enables managers to design disclosure timelines for mergers and acquisitions (M&A). Through single sign-on (SSO) functionality, stakeholders can login safely and save data backups. Teams can use Lexion to protect data in accordance with SOC 2 Type 2 compliance guidelines and AES 256-bit encryption. In order to organise agreements and other papers on a consolidated dashboard, managers can also use AI-enabled solutions. Legal experts can view contract information and monitor development in relation to key performance parameters (KPIs). Businesses can save documents on Google Drive, SharePoint, Box, Dropbox, and OneDrive using Lexion. Operators can send links to shared agreements, including master agreements, addenda, and more. To manage, analyse, and report on what is in their contracts and set up notifications for important events or milestones, in-house counsel, finance, procurement, sales, and business operation departments use this system. Brooks Running, Apptio, Outreach, Blue Nile, Trupanion, Matterport, Abstract, Hippo Insurance, and numerous other companies are among Lexion's clients. Read more SamSearch is here to revolutionize the way they search for contracts. With this innovative search box, simply type in their search query in everyday English and let this AI-powered system do the rest. No more tedious keyword searches or complicated filters, this search box understands full sentences and delivers tailored results that meet their exact needs. But SamSearch doesn't just stop at contract search. This platform also offers an AI text editor that helps them effortlessly draft personalized proposals. Say goodbye to the stress of creating convincing and professional proposals, this AI editor does the hard work for them, allowing them to focus on what's most important growing their business. SamSearch's personalized notification system keeps them ahead of the game by sending them new opportunities that match their business profile. No more missed chances, no more wasted potential. With SamSearch, they can rest assured that they won't miss a single opportunity to excel. Read more
Pricing Options
  • Free Trial Not Available
  • Offers Custom plan.
  • Free Trial Available
  • Starts at $99.00. Offers Custom plan.
SW Score & Breakdown

85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    88%
  • Reviews
    82%
  • Momentum
    64%
  • Popularity
    78%

74% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    71%
  • Reviews
    60%
  • Momentum
    70%
  • Popularity
    68%

Features

Total Features
11 Features
4 Features
Common Features for All
    Approval Workflow Allows to route the documents to one or multiple people for seeking their approval
    Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process
    Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc.
    Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement
    Contract Templates Provides ready-made beautiful templates for writing different types of contracts
    Document Management Ability to store and manage various information and documents in electronic format.
    Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database.
    Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal.
    Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track.
    Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed.
    Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time.
  • + 8 More - Show Less
    • Approval Workflow Allows to route the documents to one or multiple people for seeking their approval
      Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process
      Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc.
      Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement
      Contract Templates Provides ready-made beautiful templates for writing different types of contracts
      Document Management Ability to store and manage various information and documents in electronic format.
      Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database.
      Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal.
      Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track.
      Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed.
      Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time.
  • + 1 More - Show Less
  • Technical Details

    Organization Types Supported
    • Large Enterprises
    • Medium Business
    • Small Business
    • Large Enterprises
    • Medium Business
    • Small Business
    Platforms Supported
    • SaaS/Web/Cloud
    • SaaS/Web/Cloud
    Modes of Support
    • Online
    • Online
    API Support
    • Available
    • NA

    Reviews & Ratings

    User Rating
    4.7/5 125 user ratings
    Not Available
    Rating Distribution
    • Excellent

      75.2%
    • Very Good

      24%
    • Average

      0.8%
    • Poor

      0%
    • Terrible

      0%
    Not Available
    User Sentiments

      Ease of Use, AI-Powered Features, Extensive Integrations, Excellent Customer Support

      Occasional Software Bugs, Limited Reporting Functionalities, Document Organisation Challenges, Inefficient AI in Specific Cases

      Not Available
    Review Summary

    Lexion is praised for its user-friendliness and ease of implementation, making it a popular choice for legal teams of various sizes. Users highlight the platform's seamless integration with email and other tools, making collaboration efficient. The AI-powered features, like contract analysis and data extraction, are generally well-received, although some users report occasional inaccuracies and limitations. Despite these minor drawbacks, the platform's ease of use, robust repository, and responsive customer service contribute to a positive overall experience.

    Not Available
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    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Not Available
    • Offers Custom plan.
    • Free Trial Available
    • Starts at $99.00. Offers Custom plan.
    Pricing Plans
    Monthly Plans Annual Plans

    Lexion Custom

    Professional $99.00 $99.00 per month

    Enterprise Custom

     
    View Detailed Pricing
    View Detailed Pricing

    Screenshots & Videos

    Screenshots Dashboard Not Available
    Videos Video Thumbnail
    + 2 More
    Video Thumbnail
    + 2 More

    Vendor information

    Company Details Located in: Seattle, Washington Founded in: 2018

    Not available

    Contact Details

    Not available

    https://www.lexion.ai/

    Not available

    https://samsearch.co/

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