ContractIQ

What is ContractIQ?

ContractIQ is an AI-powered platform for managing contracts. You can create contracts in three steps: pick the type of contract you need, add the important details, then edit or export it. The platform provides contract templates, real-time editing tools, and export options. ContractIQ has been trained on a wide range of sources — including Wikipedia, books, and the internet — so it can reference factual information accurately.

Who created ContractIQ?

Scott Syme, who also leads NexaConsult, created ContractIQ. He built the platform to use AI to make drafting contracts faster and more accurate.

What is ContractIQ used for?

• Creating contracts: Draft agreements without complicated manual work.
• Choosing templates: Pick from a variety of templates suited to your situation.
• Real-time editing: Make changes as needed with built-in editing tools.
• Exporting: Get your contracts in the format you need.

Who is ContractIQ for?

• Consultants: Streamline client agreements.
• Legal professionals: Speed up contract drafting and review.
• Business professionals: Manage business contracts efficiently.

How to use ContractIQ?

1. Choose your contract type: Select the template that fits your needs, whether it’s a service agreement, an NDA, or a lease.
2. Add relevant information: Fill in details like the parties involved, specific clauses, and terms. The platform guides you through the essentials.
3. Edit & export: Review the generated contract, make adjustments, and export it in your preferred format, such as PDF or Word.

Key features

• Fact-aware drafting: Trained on sources like Wikipedia, books, and the internet, so it can reference real-world information.
• Tailored templates: Templates designed to adapt to your specific industry.
• Easy editing: Modify contracts with user-friendly tools.
• Flexible export options: Export as PDFs, Word documents, and other formats.

Pricing

• Standard Plan (Free): Create 1 contract per month, basic support, and basic AI features.
• Pro Plan ($9.99/month): Unlimited contracts, priority support with a response time of 24 hours or less, and advanced AI capabilities.