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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

Screenshots View All

Screenshots View All

Integrations

MRI Software
Microsoft Excel

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

Product Features

Alternatives

Alternatives