Contract management solution for banks

Banking AI-Powered Contract Management Solution

A complete AI-powered contract management solution for banks and financial institutions. Contra streamlines every stage from drafting and approval to renewal and reporting, using advanced AI that improves automation, accuracy, and visibility.

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Legal Practice Management

Contact Lifecycle Management

Create a seamless connection between all departments with our legal tech solutions

Contract Lifecycle Management for Banking

Contra with integrated AI for banks helps you work faster, manage obligations better, reduce risk, and stay compliant. It brings automation and transparency to every part of your contract process.

Improve Compliance

Stay compliant with banking and financial regulations, provide visibility into all contract data and ensure that contracts are reviewed, approved, and renewed promptly.

Reduce Risks

Mitigate risks by providing real-time insights into contract terms, conditions, and obligations. Identify and address potential risks before they become issues.

Increase Efficiency

Improve efficiency by automating contract workflows, saving the time required for manual review and approval processes, and improving accuracy and consistency.

Flexible contract management software solution For Banks

Ability to track multi-party agreements

Advanced security measures for direct banking services

Real-time collaboration to share, edit, redline, sign, and approve contracts

Manage the entire contract lifecycle

Automate contract generation and drafting

Approval centres to streamline reviewing and approving of contracts.

Enterprise Legal And Contract Management System For Banks

Simplify Contract Creation and Authoring

Seamless contract generation and drafting by automating repetitive contracts using pre-saved templates. These templates help ensure that all contracts comply with relevant regulations and are consistent with the bank’s policies and procedures.

Auto-generate contracts from pre-saved versions

Easily Import and Save document templates

Configure every aspect of the contract workflow

Condition-based approval workflows

Collaborate and Redline Contracts in Real-Time

Contra enables contract parties in banks and financial
institutions to efficiently negotiate, review, redline, and share contracts and legal documents in real-time, with the ability to assign access to collaborators based on entity,
department, or role.

Live negotiation & Instant feedback

Defined hierarchy & roles at every stage

Share & collaborate with external parties

Ensure data security throughout the review process

Seamless Integration with Practice

Integrate Practice with Contra, for a Complete Legal Management Software with Workflow and Task Automation. Practice offers CRM, Case and Matter Management, Billing, Invoicing and much more.

Cross-Platform Synchronization: Automatically synchronize work and keep data consistent across Contra and Practice.

Automate Contract and Document Approval

Contra makes managing approvals faster and more organized. Set up a centralized approval center or authority matrix to control who can review, approve, or access contracts in any format.

Centralized and configurable approval workflows

Full version control with edit history and audit trails

Clear visibility into collaborator changes

Automated notifications at every approval stage

Security First

Your data security is our top priority. Lexzur protects your data and client’s data with the highest-level security measures and encryption, forming a critical part of financial contract management compliance.

Supports Digital and Electronic Signatures

Contra empowers banks to execute digital and electronic signatures through seamless integrations with DocuSign and AdobeSign. It allows teams to finalize contracts securely and efficiently while staying fully compliant with legal and regulatory standards.

Sign contracts on the fly

Manage unlimited contracts

Make remote work more efficient

Set Alerts and Reminders

Stay on top of contract obligations by setting up alerts and reminders for key contract obligations such as notice periods, renewals, and updates, ensuring that the right people are alerted at the right time.

Timely alerts and reminders for contract obligations

Never miss important deadlines and obligations

Increases compliance between teams and ensure that the right people are alerted at the right time

Contract Repository and Meta-data

A centralized contract repository to store and organize all bank documents and contracts in a central, searchable repository, where you can access them securely from anywhere.

Advanced search options and filters

Bulk-Upload files and data for easy migration

Role-based access controls for authorized personnel

Archive all documents and secure sensitive contract data

Valuable Insights with Custom Reports and KPIs

Contra is a comprehensive contract management solution that allows banks to create custom reports and key performance indicators (KPIs), providing valuable insights into their contract management processes.

Full visibility in a single-view and responsive dashboard

Extract Customized reports based on your KPI’s

Easily measure performance, productivity, and progress

Get real-time insights for better decision-making and risk management

Before You Decide – Try it for Free!

Lexzur is designed to accomodate banking teams, offering a comprehensive suite of features that can streamline your legal operations, increase efficiency, and reduce costs.

Lexzur offers built-in collaboration tools, advanced document management, contract generation, and workflow automation tools, as well as, custom reporting and analytics, over 5000 integrations, and so much more.

Connect Your Favourite Apps

Lexzur is a full work experience that really makes a difference in your team’s performance. No
code required. Connect all your apps and get them integrated with one platform from Gmail™, Outlook, Slack, Dropbox, and more.

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Frequently Asked Questions (FAQ)

What does Lexzur’s telecommunications contract management software do?

Contra is an AI-powered contract lifecycle management solution designed for banks and financial institutions. It streamlines every phase of the contract process, from creation and negotiation to approval and e-signing, that saves time, reduce risks, and ensure full compliance

How does Contra ensure regulatory compliance and data security?

Contra is built to meet banking-grade compliance and security standards. It provides audit trails, role-based approvals, and automated compliance checks while protecting sensitive data through advanced encryption and access controls to meet to all major financial regulations.

Can Contra integrate with other tools and banking systems?

Yes. Contra works seamlessly with Gmail™, Outlook, Slack, Dropbox, DocuSign, AdobeSign, and core banking or CRM systems through its Practice integration, enabling synchronized workflows across all departments.

How does Contra makes operations run smoothly with lower risk?

Contra speeds up review, approval, and renewal processes by automating routine operations. Its real-time dashboards and AI insights highlight risks, compliance gaps, and awaiting responsibilities—helping banks make faster, data-driven decisions.

What steps should be taken for a bank to start with Contra by lexzur?

You may schedule a demo or start a free trial to try out all features, such as automation tools, e-signatures, and reporting dashboards. Lexzur’s staff will assist you in preparing, signing up, and customizing the software to meet your bank’s needs.