Parley Pro is a cloud-based contract lifecycle management (CLM) solution designed to bring collaborative, real-time negotiation experiences to contract management. The company was founded in 2015, and was acquired by LexisNexis in 2022 to complement its enterprise legal platform CounselLink.
Parley Pro offers end-to-end contract process automation and multi-party collaboration capabilities. It has an AI-powered, easy-to-use secure cloud-based platform and a rich ecosystem of third-party partners. Parley Pro provides a range of features including drafting, negotiation, approval, signature, and analysis of contracts. It offers an interactive contract negotiation process that enables all parties to collaborate on the same version of the document, helping to reduce errors and accelerate the contract lifecycle. With its automated workflows, version control, and alerts, users can streamline contract processes, improve efficiency, and minimize risk.