Our fintech customers have templatized their high-volume contracts such as NDAs. This has saved them countless hours, reduced the scope for errors, and helped them close these agreements faster.
Automate approval workflows for high-value contracts
Using SpotDraft, our FinTech customers never miss key details for high-value deals. Using SpotDraft, they can automatically set up an approval workflow for high-value deals and make sure all such contracts go through the right stakeholders.
Mitigate risk by creating guardrails for your internal teams
With SpotDraft, you can set up guardrails and questionnaires for each template - this way, every time non-legal teams create a contract, they’re aware of what mistakes to avoid.
Eliminate undesirable auto‑renewals easily
Never fall prey to a contract auto-renewal again. With SpotDraft, the relevant stakeholders will receive notifications about important dates to eliminate the risk of unknowingly renewing a contract or serving certain obligations.
Leverage our APIs to build custom integrations
Several of our fintech partners have built deep integrations between SpotDraft and their internal tools to improve internal business processes and consequently grow the top line of the business.
Review contracts 5x faster
When a new contract is imported into the system, SpotDraft pulls out key terms and clauses automatically using powerful machine learning models. This enables reviews and due diligence processes to happen a lot faster for our FinTech customers.
Faster adoption throughout the organization
SpotDraft has deep integrations with the tools used by the business teams (eg. Salesforce, Hubspot, Gainsight, etc.) which ensures there is no new product that the various stakeholders need to learn - which in turn leads to faster adoption.
Identify and resolve bottlenecks in the contract workflow
With SpotDraft, you will get deep insights into the contracting workflow and understand the true bottlenecks in the contracting process which can then be used to further optimize the existing contracting process.
Find out how you can automate contracts with SpotDraft
"SpotDraft has helped the legal team seamlessly collaborate with other teams. It has helped us be on one page and accelerate processes."
Brenda Yun Perez
Senior Legal Operations Manager
"During our search for a CLM tool, we evaluated around seven options. We chose SpotDraft for its decluttered interface and ease of use, particularly for our business teams."
Aditi Kapoor
Director, Legal, Gameskraft
“SpotDraft is leveraging generative AI to increase efficiency. This is helping us with diligence and also housekeeping for our contracts. Overall, with SpotDraft’s cutting edge features, it means less manual work and more meaningful legal work for our team”
Natasha Wilson
Head of Legal
“We have great feedback from our sales team, being able to produce consistent contracts in a timely manner. SpotDraft has also been able to streamline the approval process and help business teams gain visibility into the contracting process.”