Contractable

1. What is Contractable?

Contractable is an AI tool that allows users to create personalized legal contracts quickly and easily, eliminating the need for generic templates and legal know-how. It works for both individuals and businesses, offering contract creation in a quick three-step process. Users can revise their contracts using natural language, and once ready, download it as a PDF.

2. How does Contractable work?

Contractable works in three steps. In the first step, users browse contract types sourced by a team of legal professionals. Once a type is selected, Contractable works with the user to produce a document based on their specific requirements. Users then use the interactive contract builder to revise and refine the resultant contract using natural language. After completion, they can download the contract as a PDF and share it with co-signers.

3. What types of contracts can I create with Contractable?

With Contractable, you can create various types of contracts, for instance, independent contractor agreements, non-disclosure agreements, and soon, bills of sales. These examples highlight the tool's versatility and its ability to cater to diverse user needs.

4. Can I use Contractable without any legal knowledge?

Absolutely. One of Contractable's main benefits is that it doesn't require any legal knowledge from the user. It's designed to be easy-to-use and accessible to anyone. The platform uses AI to help generate contracts that match user specifications and needs, completely bypassing the need for legal expertise.

5. Is Contractable suitable for my small business?

Definitely. Contractable is an excellent tool for small businesses. It aids in the creation of contracts tailored to their needs, supports numerous business cases, and ensures secure transactions. The platform caters to businesses across various industries, providing documents that support real business needs.

6. How fast can I create a contract using Contractable?

With Contractable, you can create a contract in just about three minutes on average, thanks to its quick three-step process and AI technology. This timeframe varies between users and depends mainly on the complexity of the requirements.

7. Does Contractable offer secure transactions?

Yes, Contractable provides secure transactions. Its payment partners ensure that all transactions are encrypted for maximum security. Additional safety measures implemented by the platform include a secure payment system and encrypted payment partners.

8. What is Contractable's pricing model?

Contractable operates on a pay-per-contract model. This approach allows users to pay only for the contracts they create and requires no long-term commitments. Pricing for individual contracts isn't mentioned explicitly, though.

9. Can I edit my contracts using Contractable?

Yes, Contractable does allow users to edit their contracts. The platform offers an interactive contract builder where you can revise and refine your contract using natural language, adding a great deal of flexibility and specificity to the final document.

10. Does Contractable provide ready-made legal templates?

No, Contractable does not provide ready-made templates. Instead, it generates personalized legal contracts tailored specifically to the needs and demands of each individual user, offering greater flexibility and specificity than generic templates provide.

11. Do I need to download any software to use Contractable?

No, there is no need to download any software to use Contractable. Its services are offered via the internet, meaning you can access the platform and create contracts directly from your web browser. The end contract can then be downloaded as a PDF for sharing and signing.

12. Does Contractable offer an interactive contract builder?

Yes, as part of its process, Contractable offers an interactive contract builder that users can employ to revise and refine their contracts. This is done using natural language, giving users the ability to personalize their contracts to perfectly match their requirements.

13. Can I download my contracts as a PDF with Contractable?

Yes, once your contract is ready, Contractable allows you to download it as a PDF. This makes it easy to keep a digital record of your contracts, share them with relevant parties, and sign them digitally if need be.

14. Can I share my Contractable contracts with co-signers?

Yes, you can easily share your contracts with co-signers using Contractable. The platform allows you to download your finalized contract as a PDF and distribute it to co-signers with just a single click.

15. What industries does Contractable cater to?

Contractable caters to small businesses in thousands of industries. Examples mentioned include everything from electricians to agriculture businesses. This wide reach shows the platform's versatility in contract creation across diverse sectors.

16. Do Contractable contracts comply with the laws of all 50 states?

Yes, the contracts created with Contractable are valid in all 50 states. This shows that the tool is compliant with the laws across all these jurisdictions, making it reliable for use nationwide.

17. How do customers reportedly benefit from using Contractable?

Customers benefit from Contractable in several notable ways. Some highlighted the efficiency and time-saving aspects of the tool, stating that it generates and refines contracts quickly and effectively, saving on the time it would take to manually craft or modify a document.

18. How is using Contractable better than using generic contract templates?

Using Contractable is better than generic contract templates as it enables users to create personalized contracts tailored to their requirements. Unlike generic templates, whose one-size-fits-all approach often lacks specificity, Contractable allows users to create contracts that match their use cases perfectly, which could be from as little as one sentence.

19. Are future contract types planned for release?

Yes, Contractable has signaled its plans to roll out more types of contracts in the future. For instance, bill of sales is a contract type that's noted as 'coming soon.'

20. How does Contractable adapt contracts to individual user needs?

Contractable adapts to user needs through its AI-powered technology. The user starts by telling Contractable what they need, as brief as one sentence. The system then uses this information to create a document that fits the user's use case as closely as possible. The user can then revise and refine this document using natural language, further tailoring the contract to their specific needs.