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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
ThoughtRiver's automated platform for contract review can revolutionize your contract management process. Our technology streamlines contracting by automating risk assessment, AI-guided remediation and the automation of legal contracts. It's no longer necessary to read through entire contracts to find the key areas of interest. ThoughtRiver reviews contracts and provides legal advice.
ThoughtRiver not only saves time for lawyers, but it also addresses a key challenge faced by CEOs: how to increase deal speed. Our platform speeds up the contracting process by allowing companies to sign more contracts and generate revenue quicker with intelligent contract pre-screening.
Join the many happy legal firms and service providers that have transformed their contracting processes with ThoughtRiver.
API Access
Has API
No
API Access
Has API
No
Integrations
HighQ
No
Microsoft Word
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Volume based pricing
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
LexCheck
Founded
2015
Country
United States
Website
www.lexcheck.com
Vendor Details
Company Name
ThoughtRiver
Founded
2013
Country
United Kingdom
Website
www.thoughtriver.com
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
Yes
Compliance Tracking
Yes
Contract Lifecycle Management
Yes
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
Yes
Specialty Contracts
Yes
Version Control
Yes
Workflow Management
Yes
Legal Document Management
Access Controls
Yes
Archiving & Retention
Yes
Collaboration
No
Contract Management
Yes
Document Assembly
No
Document Indexing
Yes
Document Tagging
Yes
Full Text Search
No
Version Control
Yes