SimpleO.ai

About SimpleO.ai

SimpleO is an AI-powered platform that streamlines end-to-end contract management by automating contract creation, risk assessment, and compliance tracking. It enables legal and business teams to efficiently manage multiple contract types, reducing time spent on manual processes and improving accuracy in contract oversight.

```xml <problem> Managing contracts manually is time-consuming and prone to errors, leading to missed obligations, compliance issues, and potential financial risks. Legal and business teams often struggle to efficiently handle diverse contract types, track key dates, and ensure adherence to contractual terms across the organization. </problem> <solution> SimpleO offers an AI-powered contract management platform that automates and streamlines the entire contract lifecycle, from creation to compliance. The platform uses AI to learn from existing contracts and create playbooks, enabling users to draft and review contracts more quickly. It also scans and indexes contract metadata, facilitating easy search and retrieval of relevant documents. Furthermore, SimpleO extracts risks and obligations, providing customized dashboards for tracking compliance and managing potential issues. </solution> <features> - AI-powered contract drafting and review using organization-specific playbooks - Semantic search functionality for locating contracts and related documents - Automated extraction of key risks, obligations, and dates from contracts - Customizable dashboards for tracking compliance and managing contract-related risks - Integration with CRM, ERP, email, and communication platforms like Salesforce, Hubspot, and Slack - Alerts and notifications via text, WhatsApp, email, and Slack - Advanced data encryption (AES-256) both at rest and in transit (TLS 1.2 or higher) - Hosted on Amazon Web Services's ISO 27001-certified infrastructure with SOC 2 compliance </features> <target_audience> SimpleO targets legal and business teams within enterprises seeking to streamline contract management, reduce risks, and improve overall contract oversight. </target_audience> ```

What does SimpleO.ai do?

SimpleO is an AI-powered platform that streamlines end-to-end contract management by automating contract creation, risk assessment, and compliance tracking. It enables legal and business teams to efficiently manage multiple contract types, reducing time spent on manual processes and improving accuracy in contract oversight.

Where is SimpleO.ai located?

SimpleO.ai is based in East New York, United States.

When was SimpleO.ai founded?

SimpleO.ai was founded in 2024.

Location
East New York, United States
Founded
2024
Employees
8 employees
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SimpleO.ai

Score: 99/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

SimpleO is an AI-powered platform that streamlines end-to-end contract management by automating contract creation, risk assessment, and compliance tracking. It enables legal and business teams to efficiently manage multiple contract types, reducing time spent on manual processes and improving accuracy in contract oversight.

simpleo.ai700+
Founded 2024East New York, United States

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (5+)

Ansul S.

Product

Company Description

Problem

Managing contracts manually is time-consuming and prone to errors, leading to missed obligations, compliance issues, and potential financial risks. Legal and business teams often struggle to efficiently handle diverse contract types, track key dates, and ensure adherence to contractual terms across the organization.

Solution

SimpleO offers an AI-powered contract management platform that automates and streamlines the entire contract lifecycle, from creation to compliance. The platform uses AI to learn from existing contracts and create playbooks, enabling users to draft and review contracts more quickly. It also scans and indexes contract metadata, facilitating easy search and retrieval of relevant documents. Furthermore, SimpleO extracts risks and obligations, providing customized dashboards for tracking compliance and managing potential issues.

Features

AI-powered contract drafting and review using organization-specific playbooks

Semantic search functionality for locating contracts and related documents

Automated extraction of key risks, obligations, and dates from contracts

Customizable dashboards for tracking compliance and managing contract-related risks

Integration with CRM, ERP, email, and communication platforms like Salesforce, Hubspot, and Slack

Alerts and notifications via text, WhatsApp, email, and Slack

Advanced data encryption (AES-256) both at rest and in transit (TLS 1.2 or higher)

Hosted on Amazon Web Services's ISO 27001-certified infrastructure with SOC 2 compliance

Target Audience

SimpleO targets legal and business teams within enterprises seeking to streamline contract management, reduce risks, and improve overall contract oversight.

SimpleO.ai | StartupSeeker