Klarity

AI for contract review and revenue accounting

Business & Finance Enterprise
Researched · Published · Reviewed
RECATOOLS Score
7.1 / 10
Capability
7.5
Value for money
6.5
Ease of use
7
ASEAN readiness
5.5
API quality
5.5
Founded
2017
HQ
Mountain View, California, USA
Users
500+ enterprise customers
Launched
Jun 2026
Developer
Alex Novarese

Overview

Klarity automates contract review and revenue-accounting workflows for finance teams — extracts key terms from sales contracts, flags exceptions, integrates with ERP systems for downstream booking. Enterprise focus.

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Pricing

Pricing shown for reference only. These figures reflect RECATOOLS research as of 19 May 2026 and may be out of date or incomplete. This is not financial or purchasing advice — always confirm the current price on the provider’s official website before making any decision.

Free
Free
Free demo

Use cases

Contract review Revenue recognition Compliance automation
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ASEAN Perspective

Klarity in Southeast Asia

ASEAN-region availability and pricing notes coming soon. Drop the editorial team a note via /contact/ if you can supply local context (Singapore/Malaysia/Indonesia/Thailand/Vietnam).

RECATOOLS Verdict

Klarity is purpose-built for revenue accounting: it reads contracts and documents the way a reviewer would, auto-populates review checklists, and extracts and validates revenue-impacting clauses straight into spreadsheets or ERP/CRM. For high-growth finance teams drowning in ASC 606 contract review, it removes a genuinely painful manual bottleneck and the time savings are real.

It is a focused B2B platform with sales-led pricing and a meaningful implementation, so it only makes sense for companies with real contract-review volume and a finance/accounting use case — not a general document tool. It is English-first and globally sold; ASEAN finance teams can adopt it but should confirm data-handling terms directly. Excellent within its niche, irrelevant outside it.

Independent AI-assisted assessment by RECATOOLS.

Notable facts

  • Klarity's AI was specifically trained on procurement and commercial contracts rather than all legal documents — making it more accurate for business team use cases than general legal AI.
  • The tool can process 1,000 contracts overnight and produce an extraction report with all key terms — a task that would take a team of analysts 2 weeks manually.
  • Klarity pioneered the 'legal AI for non-lawyers' market segment, now occupied by many competitors who recognised the same opportunity.

Frequently asked questions

Is Klarity free?
No. Enterprise pricing only with free demo.
Who uses Klarity?
Finance, procurement, and legal operations teams reviewing commercial contracts.
How does Klarity differ from Harvey?
Klarity targets business teams extracting key terms. Harvey targets lawyers drafting and researching.
What contract terms does Klarity extract?
Payment terms, auto-renewal, termination rights, liability caps, governing law, and other defined fields.
Does Klarity integrate with DocuSign?
Yes. Integration with DocuSign and CLM platforms is available.

About this listing

Researched on
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Last reviewed

This entry was compiled from publicly available data including Klarity's official website, press releases, documentation, and reputable third-party publications. RECATOOLS is not affiliated with Klarity unless explicitly stated.

Data accuracy

Third-party AI tools update their pricing, features, availability, and policies frequently. Information here may be outdated by the time you read this — we make reasonable efforts to keep listings current, but cannot guarantee absolute accuracy.

For the latest details, please refer to Klarity directly →

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