Logo of Summize

Summize

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Last updated on

Company health

Employee growth
31% increase in the last year
Web traffic
3% decrease in the last quarter
Financing
July 2022 - $6M

Ratings

G2
4.3/5
(47)

Summize description

Summize is a contract lifecycle management (CLM) software that helps businesses manage contracts within their existing workflows. It uses AI to automate tasks like summarizing contracts and suggesting clauses, saving time for legal teams. Summize integrates with popular tools like Microsoft Word, Salesforce, and Slack, providing a centralized repository for contract storage and analysis. Its user-friendly approach aims to make contract management more efficient and accessible across an organization.


What companies are using Summize?

Miami HEAT is using Summize
Miami HEAT
IONITY is using Summize
IONITY
Huel is using Summize
Huel
Matillion is using Summize
Matillion
Zapier is used by Miami HEAT, IONITY, Huel, Matillion.

Who is Summize best for

Summize is a user-friendly contract lifecycle management (CLM) solution that leverages AI to streamline contract creation, review, and analysis. Users praise its seamless integrations with popular tools and efficient summarization features. However, some have noted limitations with playbook creation and redlining. It’s ideal for legal teams of all sizes seeking to improve contract efficiency.

  • Ideal for small, medium, and large businesses seeking to automate contract management.

  • Particularly well-suited for Finance, Software/IT, and Legal sectors.


Summize features

Supported

Summize extracts key information, including obligations, deadlines, and likely financial terms.

Supported

Summize uses AI to analyze contracts, providing summaries, redlining, and data extraction.

Supported

Summize supports contract creation, signing via integrations, tracking, and reporting.

Supported

Summize offers a centralized repository for storing all contracts.

Supported

Summize allows pre-approved clauses from a playbook during contract creation.

Supported

Summize automates contract creation, routing, and approvals, streamlining these processes.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Rather negative
-0.33

Customer Service

Strongly positive
+1

Ease of Use

Rather positive
+0.5

Reliability and Performance

Strongly negative
-0.78

Ease of Implementation

Rather positive
+0.33

Summize reviews

We've summarised 47 Summize reviews (Summize G2 reviews) and summarised the main points below.

Pros of Summize
  • Excellent and responsive customer support.
  • Seamless implementation and helpful onboarding experience.
  • Useful integrations with tools like Microsoft Word, Outlook, and Teams.
  • Efficient contract summarization and review features.
  • Centralized contract repository with good search functionality.
Cons of Summize
  • Building playbooks is time-consuming.
  • Redlining entire paragraphs is required, instead of single word changes.
  • Limited subfolder layers in the repository (only two).
  • AI struggles with accurate date extraction for contract renewals.
  • Limited customization of menu choices/terminology.

Summize pricing

The commentary is based on 4 reviews from Summize G2 reviews.

Summize's pricing generally receives positive feedback. Users appreciate the value they receive, especially the included product updates. While one user noted a high implementation fee, they found it worthwhile. Another user mentioned a two-year struggle with promised deliverables.

Users sentiment

Rather negative
-0.33

See the Summize pricing page.


Summize alternatives

  • Logo of Ironclad
    Ironclad
    Digital contracting platform automating and streamlining agreements.
    Read more
  • Logo of ContractPodAi
    ContractPodAi
    AI-powered contracts: smarter, faster, less risk.
    Read more
  • Logo of Contract Logix
    Contract Logix
    Control contracts, reduce risk, and boost compliance.
    Read more
  • Logo of Juro
    Juro
    Streamline contracts: create, approve, sign, and manage, all in one.
    Read more
  • Logo of Agiloft Contract Management Suite
    Agiloft Contract Management Suite
    Automate and streamline contract lifecycle management, no-code customization.
    Read more
  • Logo of IntelloSync
    IntelloSync
    AI contract management: Automate, track, and stay compliant.
    Read more

Summize FAQ

  • What is Summize and what does Summize do?

    Summize is a contract lifecycle management (CLM) software that uses AI to automate contract analysis, summarization, and redlining. It integrates with tools like Microsoft Word and Salesforce, offering a centralized repository for contracts, increasing efficiency and accessibility for legal teams.

  • How does Summize integrate with other tools?

    Summize integrates with tools like Microsoft Word, Salesforce, and Slack to manage contracts within existing workflows. This offers a centralized repository and streamlines contract storage, analysis, and execution.

  • What the main competitors of Summize?

    Alternatives to Summize include PandaDoc, LinkSquares, LawVu, and Malbek. These platforms offer similar contract lifecycle management (CLM) features, including AI-powered analysis, automated workflows, and centralized contract repositories. ClickUp and Google Workspace are also potential alternatives for document management and collaboration.

  • Is Summize legit?

    Yes, Summize is a legitimate contract lifecycle management (CLM) software. It's known for its user-friendly AI features that simplify contract review and management. While some users find the playbook creation time-consuming and AI date extraction imperfect, many praise its excellent customer support and integrations.

  • How much does Summize cost?

    I couldn't find pricing information for Summize. For the most current pricing details, it's best to visit Summize's website directly. Whether or not the product is worth it depends on your specific needs and budget.

  • Is Summize customer service good?

    Customers consistently praise Summize's exceptional customer service, noting the team's responsiveness, helpfulness, and knowledge. Users appreciate the smooth implementation process and ongoing support. While some minor bugs have been reported, they are typically addressed quickly.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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