Contractify

Contractify is a cloud-based contract management software that simplifies the entire contract lifecycle process for businesses. It provides a centralized repository for storing and managing all contract-related documents and data. The platform enables users to digitize contracts in less than five seconds, monitor contract tasks, delegate them automatically, and sign and approve contracts faster through online signing and approval flows. Contractify's key differentiator is its user-friendly interface and focus on enhancing the user experience, making it easy for organizations to streamline their contract management processes.

In March 2024, Contractify launched an AI feature that allows clients to register contracts up to five times faster. The software offers automatic renewal reminders and integrations with other business applications, helping organizations avoid unwanted automatic renewals and ensure compliance with relevant regulations.

Contractify's business model involves a subscription-based pricing structure, with plans starting from EUR 40 per user per month for basic features and going up to EUR 60 for more comprehensive tools with AI functionalities. The company reported significant success in attracting legal departments and law firms as customers, with its software enabling them to create value and transform the delivery of legal services.

In June 2024, Contractify was acquired by AXI Group, a Belgian-Dutch software company active in retail, government, healthcare, service, and industry. The acquisition allowed AXI Group to expand its software offerings with a specialization in contract management and broaden its portfolio to offer a more comprehensive suite of legal tech solutions.