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Overview
Smartsettle provides an advanced eNegotiation system, using Artificial Intelligence (AI) to guide parties toward mutually beneficial agreements. While complex cases may require trained facilitators, the software’s patented algorithms save time and uncover hidden value. Overall, Smartsettle's collaborative approach makes it a powerful choice for efficient and effective dispute resolution.
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Starting Price
Custom
Smartsettle Specifications
- Workflow Automation
- Client Portal
- Mobile Access
- Compliance & Security Features
What Is Smartsettle?
Smartsettle is an advanced online negotiation system designed to transform adversarial disputes into collaborative agreements. It utilizes patented algorithms like Visual Blind Bidding to eliminate posturing and speed up resolutions. The platform’s unique ability to analyze confidential preferences helps parties uncover hidden value and achieve outcomes superior to traditional compromise. It is ideal for businesses and individuals seeking to resolve conflicts efficiently while saving time and preserving relationships.
Smartsettle Pricing
Smartsettle Integrations
Who Is Smartsettle For?
Smartsettle is ideal for a wide range of industries and sectors, including:
- Real estate
- Insurance
- Procurement
- Construction
- Mergers and acquisitions
Is Smartsettle Right For You?
Smartsettle is the right fit if you want to move beyond simple compromise to find mathematically optimized agreements. Its standout capability is the ‘Maximize the Minimum Gain’ algorithm, which actively finds and distributes hidden value to ensure all parties achieve a better outcome than they could have alone. The platform's methodology, rooted in Nobel Prize-winning game theory, has been featured in the award-winning textbook ‘ODR Theory and Practice.’ This makes the platform a compelling choice for complex, high-value negotiations where preserving relationships and maximizing value are paramount.
Are you still not sure about Smartsettle and need expert advice to make an informed decision? Reach out to us at (661) 384-7070 now.
Smartsettle Features
Visual Blind Bidding
This patented process allows parties to submit both public proposals and confidential secret bids. It virtually eliminates the traditional negotiation dance’ by letting users indicate their true settlement zone to the system without revealing it to their opponent, accelerating agreement.
Reward Collaborative Behavior
This algorithm incentivizes cooperation by analyzing bidding history when secret bids overlap. It allocates the surplus value to reward the party who moved more quickly and substantially toward the agreement zone, making adversarial hold-back tactics counterproductive.
Resolution Mechanisms
The platform includes tools to prevent deadlocks. The Small Gap Closer intelligently bridges minor final gaps, while the Expert Neutral Decider offers a last-resort option for larger impasses, guaranteeing a fair, collaborative outcome if all parties agree to use it.
Agreements Optimization
For multi-issue negotiations, this powerful optimization engine analyzes the confidential preferences of all parties to find a superior solution. After a baseline agreement is reached, it identifies and proposes improvements that increase satisfaction for everyone involved, creating ‘beyond win-win' outcomes.
Pros And Cons of Smartsettle
Pros
Accelerates negotiation and settlement time
Reduces adversarial posturing and conflict
Incentivizes fair, collaborative behavior
Cons
Complex cases require trained facilitators
Not a full case management suite
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Frequently Asked Questions
What other apps does Smartsettle integrate with?
The vendor has not provided information on any third-party integrations for this software.
Does Smartsettle have a mobile application?
No, it does not have a mobile app.
What level of support does Smartsettle offer?
The software offers an FAQs forum, phone, and email support.
What language does Smartsettle support?
The platform is primarily available in English.
What types of pricing plans does Smartsettle offer?
The platform offers pricing plans based on customized quotes. You can also request a personalized Smartsettle price quote now.
Who are the typical users of Smartsettle?
Businesses across various industries, including mergers and acquisitions, procurement, real estate, insurance, and construction, benefit from Smartsettle features.
Does Smartsettle offer an API?
Yes, Smartsettle software provides an API.