At the heart of Kontrad’s mission is a commitment to revolutionize contract and document management by replacing traditional, manual processes with smart, efficient, and collaborative solutions. The platform addresses the key challenges faced by contract and procurement teams, who often rely on cumbersome Excel sheets and Word tables to track discussion points, updates, and approvals. These outdated methods can create bottlenecks, require additional resources, and delay project timelines.

“With Kontrad, we’re transforming the way collaboration events are managed on projects by automating and simplifying the coordination process,” said Ronny Leyes, founder of Kontrad and a former solicitor with extensive experience in international real estate, infrastructure, and energy projects. “Our solution reduces procurement time by over 30% and minimizes data entry errors by up to 70%, empowering teams to collaborate more effectively and achieve better outcomes.”

Kontrad’s platform features an intelligent Collaboration Dashboard that consolidates contributions from all participants across the entire document package into a unified view. The procuring entity has full access to the entire matrix, while counterparts only see their specific thread and responses to their comments, ensuring confidentiality and control throughout the negotiation process.

The dashboard’s powerful visual interface allows teams to manage, compare, and engage with inputs from participants, enhancing collaboration by enabling real-time tracking of updates, status changes, and progress. This helps teams resolve issues faster, allowing project teams to manage contracts, RFPs, RFIs and track KPIs with greater precision, significantly reducing time spent on manual data entry and coordination.

Looking ahead, Kontrad’s roadmap includes the development of smart evaluation tools that will enable contract and procurement managers to assign and track key metrics to document templates. This will support better implementation of evaluation criteria, with participants' inputs being automatically compared against labeled requirements. The feature will further enhance decision-making, alignment, and efficiency during collaboration processes. 

Kontrad’s development team, comprised of experts in software-as-a-service (SaaS) products and artificial intelligence (AI), ensures that the platform remains at the cutting edge of document management technology. By blending legal expertise with state-of-the-art SaaS technology, Kontrad is poised to reshape the way documents are managed, making contract collaboration faster, more transparent, and more efficient.

For more information and to see the platform in action, visit www.kontrad.com.