Lexion

Lexion

16 Review(s)

Overview

Lexion offers an AI-driven contract management platform that streamlines contract creation and automates workflows, enhancing operational efficiency. However, it currently lacks robust customization options for more complex legal teams. Overall, by centralizing documents and tracking key dates, Lexion helps businesses manage contracts effectively.

Overall Rating

Based on 16 users reviews

4.6

Rating Distribution

Positive

94%

Neutral

6%

Negative

0%

Starting Price
Custom

Lexion Specifications

Document Management

e-Signature

Document Automation/Assembly

Workflow Automation

View All Specifications

What Is Lexion?

Lexion is an AI-powered contract management platform designed to streamline legal operations for industries such as software and consumer goods. By automating workflows and centralizing contract storage, the software addresses challenges like inefficient contract handling and lack of visibility into agreements. It’s used by in-house legal, procurement, and sales teams aiming to reduce manual work. Many organizations turn to Lexion.ai to stay ahead of deadlines, reduce risk, and improve cross-team collaboration.

Lexion Pricing

Lexion cost will vary from company to company, depending on business needs. Users can get pricing for the plan most suited to them.

Lexion Integrations

The software seamlessly integrates with different business applications, including:

Watch a free Lexion demo to learn more about its integrations.

Who Is Lexion For?

Lexion AI software is designed for businesses of all sizes across different industries, such as:

  • Sales
  • Legal
  • Procurement
  • IT
  • HR
  • Corporate

Is Lexion Right For You?

Lexion streamlines contract-related work, helping businesses save time, reduce risk, and improve efficiency. It enhances cross-functional collaboration, minimizes manual tasks, and ensures better visibility into legal operations. These advantages make it well-suited for growing companies with evolving legal and operational needs.

Still not sure if Lexion is right for you? Get in touch with our customer support team at (661)384-7070, and it will help you make the best decision.

Lexion Features

Lexion's task management provides a centralized dashboard displaying all ongoing contract-related tasks and their statuses. This visibility allows teams to identify bottlenecks and prioritize actions, leading to more efficient workflows and accelerated deal closures. ​

See How It Works

The intelligent repository in Lexion software serves as a single source of truth for all contracts, automatically organizing and extracting key terms using AI. This organization saves time, reduces errors, and allows quick insights into contract details, facilitating better decision-making. ​

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The software's no-code workflow automation allows users to create custom workflows for contract approvals, assignments, and signatures without IT support. This standardizes processes, reduces manual tasks, and increases operational efficiency.

See How It Works

Lexion Sign is a native e-signature solution that integrates within the platform, ensuring secure and legally binding signatures. This integration streamlines the signing process, reduces the need for third-party tools, and provides clear visibility into signature statuses. ​

See How It Works

Lexion’s AI Contract Assist leverages GPT-powered technology to aid in contract drafting and review within Microsoft Word. It offers clause suggestions and redlining assistance, accelerating the review process and ensuring consistency across contracts.

See How It Works

Pros And Cons of Lexion

Pros

  • Intuitive design facilitates quick adoption across teams

  • Rapid setup process minimizes downtime during onboarding

  • Automates key data identification, reducing manual input

  • Organizes documents for easy access and management

  • Support team is noted for prompt and helpful assistance

Cons

  • Inability to restrict certain users from uploading signed contracts

  • Occasional inaccuracies in data extraction require manual corrections

  • Currently lacks features for managing contracts prior to execution

Lexion Reviews

Total 16 reviews

4.6

All reviews are from verified customers

Rating Distribution

5

Stars

69%

4

Stars

25%

3

Stars

6%

2

Stars

0%

1

Stars

0%

Share your experience

DJ

DIVYA J.

Mid Market, 500+ employees

4.0
November 2024

Makes complex workflows simpler

Pros

The user interface is pretty great as it is so simple that I feel like even people with minimal technical knowledge can easily navigate it.

Cons

Well the price is a bit too high for smaller organizations like ours.

Rating Distribution

Ease of use

9

Value for money

6

Customer Support

9

Functionality

9

VU

Verified User

Information Technology and Services, 500+ employees

4.0
May 2024

Good one

Pros

Lexion AI's ability to pull data is simply the best. It really saves me time and reduces the hassle of manual data entry. Plus the flexibility to adjust repository data and add fields when needed is awesome.

Cons

As with anything new it takes a bit of time to get the hang of things. Also it would be helpful for us if there were ways to reduce the number of emails the system generates.

Rating Distribution

Ease of use

7

Value for money

7

Customer Support

8

Functionality

7

AS

Amanda S.

Mid Market, 500+ employees

5.0
March 2024

User-friendly and packed with great yet new features

Pros

Moving from a fully manual CMS to Lexion was a huge leap forward. The AI is really user-friendly and one of my favorite parts is the customer service team. They are always available to help and have taken on a lot of our team's suggestions for system improvements.

Cons

It is an amazing software overall but the automations and workflows took a bit of our time getting used to.

Rating Distribution

Ease of use

9

Value for money

9

Customer Support

10

Functionality

9

Frequently Asked Questions

Yes, Lexion offers an API.

Lexion price varies according to a company’s needs. Users can also get a custom quote accordingly.

Lexion is used by sales, legal and corporate industries.

No, Lexion does not have a mobile app.

Lexion offers phone support, email, chat, FAQS and Knowledge Base.

Lexion supports English.

Lexion integrates with Microsoft Word, DocuSign, Teams and HubSpot.