Contract Sent vs Midly.AI Detailed comparison features, price

Contract Sent

Contract Sent provides a comprehensive AI contract hub tailored for small businesses, growing B2B startups, and Software as a Service (SaaS) companies. It aims to streamline the contract lifecycle, reduce sales cycle times, and integrate legal processes seamlessly into the sales pipeline. The platform offers a library of legal templates to help businesses get started quickly and maintain standardization as they scale.

Leveraging Artificial Intelligence through its ACE (AI Contract Engine), Contract Sent enables users to perform smart contract searches using natural language, extract key data points automatically, and generate summaries on the fly. It facilitates collaboration between sales and legal teams with task management, notifications, and simplified approvals. The tool also features contract comparison capabilities for Word documents and PDFs, alongside integrations with essential business tools like Google Drive, Adobe Sign, HubSpot, and SharePoint, ensuring contracts and their data are accessible within the existing company ecosystem.

Midly.AI

Midly.AI is an AI-powered platform designed to simplify and accelerate the contract management process for businesses. It utilizes advanced machine learning algorithms to analyze contracts, clearly identifying key terms and potential risks. This allows users to understand complex legal documents more easily and make informed decisions without getting bogged down in jargon.

The platform streamlines the entire contracting lifecycle by automating repetitive tasks such as contract creation, review, and approval. Midly.AI also enhances team collaboration with real-time features and version control, ensuring all stakeholders are aligned. With integrated digital signatures and a mini CRM, it provides a comprehensive solution for managing deals efficiently from start to finish, ultimately helping businesses improve their operational efficiency and close deals more quickly.

Pricing

Contract Sent Pricing

Freemium

From $7

Contract Sent offers Freemium pricing with plans starting from $7 per month .

Midly.AI Pricing

Paid

From $47

Midly.AI offers Paid pricing with plans starting from $47 per month .

Features

Contract Sent

AI Contract Chat (ACE Engine): Chat with contracts using natural language for data retrieval and summaries.
AI Contract Data Extraction: Automatically extracts key clauses and data points from PDF and Word contracts.
Template Library: Access a library of legal and financial templates for various business needs.
Contract Comparison Tool: Compare PDF and Word document versions side-by-side, highlighting differences.
Integrations: Seamlessly connects with Google Drive, Adobe Sign, HubSpot, and SharePoint.
Negotiation Management: Kanban overview of contract negotiations, task management, and notifications.
AI Sales Contract Drafting: Utilize AI to assist in drafting contracts from provided templates.
Structured Data Export: Export organized contract data for reporting and analysis.

Midly.AI

AI-Driven Contract Analysis: Leverages advanced machine learning to review contracts, making key terms and potential risks easy to understand with clear, concise summaries.
Automated Workflows: Automates repetitive tasks like contract creation, review, and approval, freeing up teams for strategic decisions.
Real-Time Collaboration: Enables teamwork with version control and commenting features to ensure everyone is aligned.
Seamless Digital Signatures: Provides secure, efficient digital signatures to streamline the signing process and close deals faster.
Integrated Mini CRM: Keeps contracts and customer relationships in one place for effective deal management.
In-App Status Notifications: Provides updates on key contract milestones and changes within the platform.

Use Cases

Contract Sent Use Cases

Accelerating sales cycles for SaaS companies by streamlining contract negotiation.
Managing contracts efficiently for growing B2B startups.
Extracting key data and summaries from lengthy contracts quickly using AI.
Comparing different versions of contracts during negotiation.
Centralizing contract storage and management through Google Drive integration.
Facilitating collaboration between sales and legal teams on contract deals.
Standardizing contract creation using pre-approved templates.
Tracking contract details and obligations effectively.

Midly.AI Use Cases

Streamlining unclear sales and contract workflows for sales executives.
Reducing time spent on contract management for startup founders to focus on business growth.
Accelerating deal closure for key account managers, especially during peak periods.
Minimizing redundant escalations to legal counsel by ensuring basic updates are pre-checked.
Bridging communication gaps between disconnected teams and tools for operations managers.
Assisting entrepreneurs with limited time or legal expertise in reviewing contract details.
Empowering business development managers to explain contract terms without extensive legal knowledge.