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October 13, 2023
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Contractiq

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Draft contracts 10x faster with AI
Generated by ChatGPT

ContractIQ is an AI-powered tool designed to significantly expedite the process of drafting and exporting contracts. It offers a seamless and efficient solution for creating precise contracts, allowing users to save time and deliver a more professional and reliable service to their clients.The tool provides a dynamic template selection that is tailored to various industries, ensuring that the generated contracts are relevant and accurate.

Users can easily input critical information such as parties involved, clauses, and terms, with the platform guiding them throughout the process to address every element.ContractIQ stands out from other legal AI tools due to its understanding of the world.

It has been trained on various sources, including Wikipedia, books, and the Internet, enabling it to reference facts about the world when necessary.Real-time editing capabilities are also offered, allowing users to effortlessly modify contracts using intuitive tools.

The tool supports a range of export formats, including PDFs and Word documents, providing compatibility with any platform.ContractIQ offers a free Standard plan with limited features and support.

However, users can upgrade to the Pro plan for unlimited contracts per month and priority support. Pricing for the Pro plan is affordable and scales with the growing needs of businesses.By joining ContractIQ, users can revolutionize their contract management process, streamlining and simplifying the creation of contracts while increasing their chances of success.

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Pricing

Pricing model
Freemium
Paid options from
$9.99/month
Billing frequency
Monthly
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Contractiq was manually vetted by our editorial team and was first featured on October 12th 2023.

Pros and Cons

Pros

Accelerates contract drafting
Dynamic template selection
Tailored to various industries
Guides user during input
Expertise in world facts
Real-time editing capabilities
Multiple export formats
Free standard plan
Affordable pro plan
Scalable pricing model
Unlimited contracts in pro plan
Revolutionizes contract management
Drafts contracts faster
Compatible with any platform
Priority support in pro plan
Increased precision of contracts
Effortless contract modification
Enhances professionalism
Improves service reliability
Supports service agreements
Supports NDAs
Supports leases
Supports various contract types
Reduces contract creation time
Enables success in contracts
Real-world facts referencing
Fast drafting and exporting
Helps maintain consistency
Transformative platform
User-friendly interface
Excellent user feedback

View 26 more pros

Cons

Limited features in free plan
Pro plan required for unlimited contracts
No real-time collaboration
No offline functionality
Doesn't support all export formats
Training sources possibly biased
Doesn't offer compliance check
Dependent on Internet connection
24 hours maximum response time for Pro support
Basic support for free plan

View 5 more cons

7 alternatives to Contractiq for Contract drafts

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Q&A

What is ContractIQ?
How does ContractIQ work?
What makes ContractIQ different from other AI contract writing tools?
Does ContractIQ offer real-time editing capabilities?
In what formats can I export contracts drafted by ContractIQ?
What industries does the dynamic template selection cover?
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