We are excited to bring you some highly anticipated releases this month.

From gaining comprehensive insights into your contracting process to connecting SpotDraft with thousands of popular apps, and much more.

New Feature Announcement

Introducing Contract Analytics

Comprehensive view of your contracting processes

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SpotDraft’s Contract Analytics empowers data-driven insights to optimize your workflows, pinpoint bottlenecks,  forecast workloads, and highlight the value of your legal team.

Contract Analytics gives you important perspectives of your contracting through 4 purpose built dashboards:

  • Lifecycle Dashboard
  • Approvals Dashboard
  • Review Dashboard
  • Turnaround Times Dashboard

Learn more about our Dashboards and get a tour on SpotDraft Contract Analytics:

Take a tour

Integrations

SpotDraft is now on Zapier!

Zapier Integration

Connect SpotDraft with over 7,000 apps to create custom workflows and automate tasks with tools you're already using, such as your accounting system, collaboration tools and much more, all without any coding.

With Zapier, you can:

Trigger actions on SpotDraft,

Eg: like creating a contract, creating a user task, or getting a contract link when certain events occur on other platforms,

Trigger actions on other tools 

Eg: when a new contract is created, executed, or when contract metadata is updated on SpotDraft

Know more about the Zapier integration on SpotDraft.

Signing

Introducing the "Add Approval Watermark" feature, 

Add Approval watermark

This update lets the legal team add an approval watermark to contracts, showing they have been reviewed and approved.

This watermark allows collaborators to take the required action confidently when they receive the contract without any back and forth with their legal team. 

Image Based Signature Block

The earlier Signature Block on DraftMate didn't provide the best visual feedback for how it would look on your contracts.

We’ve revamped this feature to now offer users a visual representation of how exactly the signature fields will appear in their contracts.

VerifAI

Real-time document indexing

Earlier,  VerifAI only analyzed your document once upon loading, which meant that any subsequent edits on the document were not reflected in the Guide results.

Now, VerifAI actively tracks your document in real-time, ensuring that the Guide results are always up-to-date and relevant, no matter how many changes you make.

Core Features
What It Does
Centralized contract repository
Intelligent database with full-text search, metadata filtering, and single source of truth for all contracts across the organization.
Template Management and Clause Libraries
Pre-approved templates and reusable clause libraries that capture institutional knowledge and ensure consistency
Workflow Automation and Approval Routing
Automated routing of contracts through predefined approval chains based on contract value, risk level, or other criteria.
Electronic Signature Integration
Built-in or integrated e-signature capabilities for legally binding execution without leaving the platform.
Version Control and Redlining
Automatic tracking of every version, change, and contributor with side-by-side comparison capabilities.
 Feature
Details
 Present  Missing
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.
Parties and Scope of Work
Defines who is bound by the contract and the exact obligations or deliverables involved.

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