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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.
Description
VerifAI is an AI add-in for MS-Word. It saves 15 hours/week for lawyers when reviewing contracts.
HIGHLIGHTS
• Review a contract in 3 minutes instead of 3 hours with the latest AI technology for legal
• Save up to $4,088 per month with contract reviews
• Increase your revenue per employee by 5x in the legal department
Choose from our extensive collection of contract playbooks, guidelines and other documents.
CAPABILITIES
• Mark contract risks against the personalized guidelines you set
Choose from a selection of contract guidelines that are tailored to your industry or contract.
Please suggest redlines that are tailored to your guidelines
• Ask open-ended legal questions to a trained AI ChatGPT.
How it works
1. Install VerifAI for free as a Microsoft Add-In
2. Open the contract you wish to review
3. Choose from our templates or your own contract playbook.
4. Instantly compare the contract with your playbook guidelines
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$60/month/user
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
MRI Software
Founded
1971
Country
United States
Website
www.mrisoftware.com/products/contract-intelligence/
Vendor Details
Company Name
SpotDraft
Founded
2017
Country
United States
Website
spotdraft.com/verifai