Obly vs ThoughtRiver

Obly is a cloud web service for finance and legal teams managing contract obligations across multiple entities. Upload PDF agreements and corporate documents, and its AI extracts deadlines, renewal windows, and commitments; the site says results appear in under two minutes. Extracted items form a structured, editable register linked to the source clause and section reference. Users can correct or annotate entries, with changes recorded in a full activity trail. Obly also maintains entity information for directors, shareholders, statutory filings, signatories, powers of attorney, and authority limits. Signing workflows check authority before a contract is signed. Upcoming and overdue obligations can be assigned to owners and shown in inbox digests or calendars, with iCal and Google sync and per-entity views. The service states that it uses EU hosting on AWS eu-west-1, role-based access, and audit trails for obligations and documents. Pricing follows contract volume; teammate seats are free and unlimited. Obly does not provide legal advice.

ThoughtRiver is an AI contract review tool for agreements reviewed before or after signing. Its Lexible LLM flags issues, obligations, and risks, while Playbooks check contracts against preset criteria and show which provisions are met or unmet. Teams can generate review output or redlines, and generative editing is designed to follow drafting style and negotiation guidelines. Contracts can be submitted by email, drag and drop, or the Word add-in; the platform works inside Outlook, Word, and Teams. Listed integrations include Microsoft 365, Power BI, HighQ, and iManage, and ThoughtRiver provides a public API following the OpenAPI Specification. It focuses on in-house teams and law firms processing over 200 agreements per year, while also supporting non-legal teams. ThoughtRiver lists no free plan and a 28-day trial. Monthly plans are 6.00 USD, 14.00 USD, and $49 a month; Professional starts at £15,000 a year and Enterprise at £30,000 a year.