Contract Analytics

Unlock Insights Within Your Contracts

Your contracts contain valuable data about your business. SpotDraft gives you the power to uncover hidden insights, optimize your contracting processes, and make data-driven decisions that propel your business forward.

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Eliminate inefficiencies in your contracting workflows

Use data to show legal team's impact on the business

Balance team workloads and forecast resource needs effectively

Unprecedented visibility into your contracting process

Forget about manually pulling data; and ditch the spreadsheets. SpotDraft provides dashboards with 30+ metrics to measure your contracting processes across the entire contract lifecycle.

Visualize contract lifecycle, approvals, review and turnaround data for easy reporting.
Slice your data, and drill-down using filters like date ranges, contract types, users, and workflow types.
Enhance cross-departmental cooperation by engaging business stakeholders with data.

“Having data makes it easier to provide concrete proof instead of estimates"

SpotDraft User

“Having data makes it easier to provide concrete proof instead of estimates"

SpotDraft User

Make smarter, data-backed decisions

SpotDraft helps you understand where your contracting process works, and where it breaks, so that you can build a better one.

"Using data, we have learned that some contracts are signed quicker if the burden is not solely on our team to fill in contract details."

SpotDraft User

Improve deal velocity by reducing approval bottlenecks.
Reduce time spent negotiating high-volume contracts.
Tailor SLAs for different contract types by analyzing Turnaround Time data.

"Using data, we have learned that some contracts are signed quicker if the burden is not solely on our team to fill in contract details."

SpotDraft User

Showcase the value of your legal team

SpotDraft empowers Legal teams with data to quantify their impact. Our customers use contract analytics to proactively share wins, and answer questions with evidence.

Use Turnaround Time metrics to demonstrate how your legal team is improving contract turnaround times.
Easily create quarterly reports to showcase your team’s performance, highlight excellence; and discuss areas for improvement.
Enable cross-functional collaboration by getting your business stakeholders on the same page using their love language - data.

"This helps in showing leadership how busy we are and helps us provide rationale to hire more support staff"

SpotDraft User

"This helps in showing leadership how busy we are and helps us provide rationale to hire more support staff"

SpotDraft User

Plan ahead and forecast your needs

Get the data you need to manage and predict workloads, plan hiring, and track your team's performance.

Spot uneven legal workloads across your team and ensure even distribution

Understand seasonal contract trends to prepare for high-volume periods

Monitor performance against organizational SLAs

Unlock contract intelligence with powerful dashboards

Manage, measure, and optimize your contract lifecycle with SpotDraft

Monthly trends in contract creation, execution, and expiration.
Analysis of the top contract types by volume.
Overview of contract statuses across workflows.

Streamline your approval workflows with SpotDraft’s comprehensive insights

Detailed tracking of approval requests and statuses.
Data on average approval times by type and month.
Time-series trends to improve approval workflows.

Optimize your contract review process with actionable insights from SpotDraft

View the status and completion rates of review requests.
Track when reviews start and how long they take, sorted by type.
Examine how review times change over time to make the process better.

Accelerate your contract cycles with SpotDraft’s Turnaround Time insights

Stage-specific time analysis for drafting and redlining.
Turnaround times and review cycles by contract type.
Comparative insights across workflow stages.

Unlock contract intelligence with powerful dashboards

Lifecycle

Manage, measure, and optimize your contract lifecycle with SpotDraft.

Monthly trends in contract creation, execution, and expiration.
Analysis of the top contract types by volume.
Overview of contract statuses across workflows.

Approvals

Streamline your approval workflows with SpotDraft’s comprehensive insights.

Detailed tracking of approval requests and statuses.
Data on average approval times by type and month.
Time-series trends to improve approval workflows.

Review

Optimize your contract review process with actionable insights from SpotDraft.

Overview of review request status and completion rates.
Metrics on initiation and duration of reviews by type.
Time-series analysis of review times for process optimization.

Turnaround Time (TAT)

Accelerate your contract cycles with SpotDraft’s Turnaround Time insights.

Stage-specific time analysis for drafting and redlining.
Turnaround times and review cycles by contract type.
Comparative insights across workflow stages.

How Open Accelerated Contract Approvals by 90% with SpotDraft

90%

reduction in turnaround time for contract approvals

65%

reduction in errors or discrepancies in contract terms

2 weeks

for successful onboarding and implementation

Read customer story

90%

reduction in turnaround time for contract approvals

65%

reduction in errors or discrepancies in contract terms

2 weeks

for successful onboarding and implementation

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Unlock Insights Within Your Contracts

Unprecedented visibility into your contracting process

Make smarter, data-backed decisions

Showcase the value of your legal team

Plan ahead and forecast your needs

Unleash the potential of your contracting data with SpotDraft