New York – May 10, 2023 – SpotDraft, the leading AI-powered Contract Lifecycle Management (CLM) solution for high-growth startups and scaleups, is proud to announce its partnership with Microsoft to develop a deep integration between SpotDraft and Microsoft Word. The integration aims to simplify the contract drafting and review process for businesses of all sizes.
With this integration, users can access Microsoft Word’s full suite of capabilities directly within the SpotDraft platform. The integration allows SpotDraft users to draft and edit contracts using Word’s familiar interface while leveraging AI-assisted editing and collaborative features that streamline the contracting process for high-growth companies.
“We are thrilled to announce our integration with Microsoft Word,” said Shashank Bijapur, CEO of SpotDraft. “By combining Microsoft Word’s familiar and intuitive interface with SpotDraft’s AI-powered CLM platform, we will provide businesses with an even more efficient and user-friendly way to review and manage their contracts.”
SpotDraft users will see a modal introducing them to the Microsoft Word integration.
“We’re excited to empower legal teams with purpose-built technology to enable them to focus on what they do best,” said Rohith Salim, Co-founder & CPO at SpotDraft. “With SpotDraft’s best-in-class CLM features and our partnership with Microsoft, we’re confident that legal teams can unlock new ways to collaborate with their teams and drive direct business impact.”
MS Word is deeply integrated with SpotDraft’s Task Center, and provides advanced revision and commenting features, including the ability to classify comments as tasks, assign team members for review, and set reminders and due dates. SpotDraft also allows users to classify comments on the document as internal or external, ensuring that comments are visible only to those they are intended for.
SpotDraft’s Task Center integrated onto Microsoft Word using the DraftMate Add-In
SpotDraft’s partnership with Microsoft marks a significant milestone for SpotDraft’s CLM platform, paving the way for efficient, collaborative, and streamlined contract management processes that empower high-growth companies to accomplish their business goals.
Click here to learn more about Microsoft Word on SpotDraft.
SpotDraft is a best-in-class end-to-end contract management and automation solution, a digital record system for in-house legal teams. SpotDraft’s AI-driven solution empowers in-house legal teams to save up to 5 hours per week and helps them close deals 25 percent faster, freeing them to focus on more strategic projects. Founded by Shashank Bijapur, Madhav Bhagat, and Rohith Salim, the SpotDraft team has decades of combined experience in the legal field and in building world-class products at companies like Google, Microsoft, Amazon, IBM, and Linkedin. Since its founding, SpotDraft has tripled its revenue and doubled its headcount year over year. The company works with high-growth businesses across the U.S., Europe, the Middle East, and Asia Pacific regions.
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