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Description
Advanced AI offers attorney-level negotiation capabilities with features such as multi-round review, automated redlining, fallback playbooks, approvals, and instructional support. This technology significantly reduces the timeframe from contract drafting to final signature, allowing negotiation reviews and markup processes to occur almost instantaneously. By expediting negotiation and deal timelines, it contributes to cost savings and enhances procurement workflows. Utilize data-driven insights to refine your review methods, effectively managing edge cases and incorporating feedback. Additionally, it minimizes risk by ensuring compliance through AI-driven adherence to both organizational and industry standards, as well as playbook protocols. LexCheck AI comes preloaded with established negotiation best practices for a variety of common contract types. Our dedicated team is available to help you customize it to align with your unique playbook guidelines using fewer than 24 training examples. This tailored approach ensures that your contract negotiation process is not only efficient but also highly effective in meeting your specific needs.
Description
Navigate the complexities of contracts, reveal essential insights buried within corporate and legal texts, and pinpoint opportunities for cost reductions and enhanced profitability. Contracts form the cornerstone of every organization, yet intricate agreements combined with laborious manual workflows hinder the effective tracking and management of essential terms and responsibilities. MRI Contract Intelligence streamlines the data extraction and contract evaluation process, minimizing the risk of costly revenue losses while uncovering valuable insights within various documents. Our advanced machine learning and optical character recognition technology have been refined using extensive datasets, allowing it to efficiently process contracts and extract information with greater speed and precision compared to traditional methods. Utilize AI to highlight vital dates, financial figures, clauses, and other significant details, all while providing direct references to the original sources within the documents, ensuring you have a comprehensive view of your contractual obligations. This innovative approach not only enhances efficiency but also empowers businesses to make informed decisions based on accurate and readily accessible information.
API Access
Has API
API Access
Has API
Integrations
MRI Software
Microsoft Excel
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
LexCheck
Founded
2015
Country
United States
Website
www.lexcheck.com
Vendor Details
Company Name
MRI Software
Founded
1971
Country
United States
Website
www.mrisoftware.com/products/contract-intelligence/
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management