SpotDraft
Contract lifecycle management platform with built-in AI for drafting, reviewing, signing and tracking contracts.
SpotDraft is a contract lifecycle management platform with AI built in for in-house legal teams. SpotDraft is used to generate contracts from templates, automate approvals, review and redline with AI assistance in Microsoft Word, collect electronic signatures and store agreements in a searchable repository. Pricing is based on users or contract volume and quoted after a demo.
Best for In-house legal departments, and the sales, finance, HR and procurement teams they support, that want one system for the full contract process.
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Last verified: . Information taken from spotdraft.com.
What is SpotDraft?
SpotDraft is a contract lifecycle management platform aimed at in-house legal teams. It covers the whole path of a contract: templates with conditional logic for creating documents, automated approval workflows, a shared editor where legal and business colleagues review and redline, native electronic signatures, and a searchable repository with access controls. AI is part of the platform and draws on the company's own contracts and playbooks. Named AI components include VerifAI, which reviews contracts inside Microsoft Word, and a Sidebar of agents for questions, review and regulatory changes. The repository extracts contract metadata automatically, and reporting surfaces renewals, bottlenecks and workloads. An Intake feature gathers legal requests, and Clickwrap and Legal Hub manage online terms. Implementation and data migration are carried out by SpotDraft's own staff, and pricing is quoted on request.
Key Features
Templates and Workflows
Creates high-volume contracts from templates and sends them through automated approval steps without technical setup.
AI Contract Review
Reviews agreements against your playbooks with VerifAI, which runs inside Microsoft Word.
Collaboration and Redlining
Gives legal and business users one place to negotiate and finalise a document, whether in Word, Slack or the web editor.
eSignatures
Sends, signs and stores contracts with a native signature tool that meets standards such as ESIGN and eIDAS.
Repository with AI Metadata
Holds all contracts in a single store and uses AI to extract more than 1,000 types of metadata for search.
Reporting and Analytics
Builds custom contract reports and highlights upcoming renewals, process bottlenecks and team workloads.
How SpotDraft works
Week 1: get started
SpotDraft's implementation team reviews your contracting pain points and plans a bespoke setup.
Week 6: go live
Templates, approvals and integrations are switched on, with contracts migrated and teams trained.
After launch
Customers continue with product upgrades, strategy sessions and enablement for new hires.
Screenshots
Use Cases
- Self-Serve Sales Contracts
- Let sales staff generate standard agreements from templates and route them for approval.
- Vendor Renewal Tracking
- Give procurement a view of vendor contracts and upcoming renewal dates.
- Reviewing Third-Party Paper
- Check an incoming contract against internal positions before negotiation.
- HR Document Signing
- Send offer letters and employment agreements for electronic signature.
- Central Legal Intake
- Collect requests to the legal team in one queue.
Things to know
- Pricing on request
- No figures appear on the pricing page; quotes follow a demo and depend on users or contract volume.
- AI guidance followed
- SpotDraft says it built its AI with reference to two documents: the generative AI guidance from the State Bar of California and Formal Opinion 512 of the ABA.
- Support is included
- Every customer is described as getting a dedicated account manager and round-the-clock support.
FAQs
What is SpotDraft?
SpotDraft is an AI-native contract lifecycle management platform for in-house legal teams that handles drafting, review, signature and storage of contracts.
What is SpotDraft used for?
SpotDraft is used to create contracts from templates, automate approvals, negotiate and redline, collect electronic signatures and keep signed contracts searchable in one repository.
How much does SpotDraft cost?
SpotDraft does not publish prices. Its pricing page says plans are priced by either number of users or contract volume and asks visitors to book a demo.
Does SpotDraft include AI contract review?
Yes. SpotDraft's VerifAI reviews contracts within Microsoft Word, and its AI is grounded in the customer's contracts and playbooks.
Does SpotDraft have eSignatures?
Yes. SpotDraft has a native digital signature tool that it says complies with standards including ESIGN, eIDAS and ECA.
Is implementation included with SpotDraft?
Yes. SpotDraft states that its in-house team sets up workflows and integrations and migrates legacy contracts at no extra fee, with go-live around week six.
Is SpotDraft secure?
SpotDraft lists ISO 27001, SOC 2 Type II, GDPR and HIPAA among the security and compliance standards it adheres to.
Who it's for
- In-house legal teams
- Sales teams
- Finance teams
- HR teams
- Procurement teams
Used in these workflows
- Going paperless: the AI tools for scanning, reading and filing documentsStage 6: Contracts and signatures
- Hiring for a role: what software can handle and what stays a human decisionStage 6: Offer and contract
- B2B sales outreach: which AI tool does which job, from first list to signed contractStage 6: Proposals and contracts
Each guide lists the stages of one job and the tools that help at each stage. All guides
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Listed in the same category as SpotDraft. A starting price appears only where we checked it on the maker’s pricing page; a dash means not checked or not published. All Legal & Contracts tools