Everyone these days claims to offer “automation.” What does Klarity actually automate and what will my team still have to do manually?
Klarity automates the most laborious and time consuming parts of manual document review and frees up your accountants to pursue the meaningful, impactful work they were hired and trained to do.
Klarity automatically reviews all contracts, giving your organization an exponentially more complete view from a revenue recognition perspective, and flags any contracts over your designated fiscal threshold for human review.
Your revenue recognition checklist is automatically populated for each contract that requires review. Klarity automatically scans and alerts on non-standard elements and annotates any data that you require.
Your highly trained revenue accountants are notified when human review is required. Instead of manually filtering through countless documents across multiple systems, the system points them directly to the exact part of the contract that needs review.
An embedded workflow automates communication around the entire review process, automatically pushing contracts from one level of review to the next when they are ready. Comments, questions and conclusions are all documented automatically within the system, generating a complete, detailed audit trail for your organization without any additional work.