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LexCheck: Vendor Analysis — Contract analytics solution overview, roadmap, competitors, user considerations, analyst summary

01/22/2024 By

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This Spend Matters Vendor Analysis provides an overview of LexCheck and its contract analytics solution. A leading provider in the contract markup segment, LexCheck has an established reputation for its strong pre-configured playbooks and has recently made advancements in AI, including generative AI.

As a markup-focused solution, LexCheck’s purpose is to save time spent reviewing documents and identify potential risks a human reviewer may miss. In the contract lifecycle, LexCheck acts solely in the review and negotiation stage that comes after contract request creation and before approvals, signatures, obligation management, etc.

This Vendor Analysis explores LexCheck’s platform, application and supporting services. It also provides a list of LexCheck’s competitors, tech selection tips and key analyst takeaways.

Here’s why LexCheck matters:

To the market — LexCheck offers automated contract markup/redlining capabilities that improves contract management efficiency.

To customers — LexCheck supports both custom playbooks and pre-configured, industry-specific playbooks for quicker implementations and more relevant revisions.

To potential buyers — LexCheck’s use of AI streamlines review processes, and the provider is exploring further generative AI capabilities.

This article requires a paid membership that has access to Contract Lifecycle Management (CLM).
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Vendor Analysis