VerifAI 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
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LinkSquares, a web application, is designed to make legal and finance teams more efficient. The AI-powered contract repository automatically extracts key terms from contracts and provides key insights through deep search, custom reports, and analytics. LinkSquares helps high-growth companies save hundreds of hours and thousands in costs by eliminating the need to review contracts manually and requiring outside counsel. LinkSquares analyzes and extracts structured data from every contract. The result is more that a full-text search. LinkSquares provides interactive Dashboards, custom reports, and other tools that help you put your contract data into action. LinkSquares provides automation and insight to every stage of your contract lifecycle. You can draft faster, review faster, and get agreements done sooner. LinkSquares does everything except write contracts for you. (And that's something we're also working on.)
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Klara
Klara serves as an AI agent for contract review and compliance at Kanerika, efficiently extracting contracts and documents from your existing document management solutions like SharePoint while ensuring that personally identifiable information is masked prior to any in-depth analysis. It meticulously evaluates each clause against your organization’s playbook, highlighting any deviations in critical terms such as indemnity, termination, audit rights, and data ownership while providing a confidence score for each finding. Additionally, Klara generates redline language that aligns with your playbook for any flagged clauses, which are subsequently reviewed by a human for final approval. Furthermore, all findings, decisions, and overrides are systematically logged to maintain a thorough audit trail, and the decisions made by reviewers are incorporated back into the system, enhancing the accuracy and efficiency of future contract reviews. This continual feedback loop not only strengthens the review process but also ensures compliance and alignment with your organization’s standards.
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Ivo
Streamline the process of negotiating contracts by reducing time, effort, and costs. Experience unmatched efficiency with the most precise AI-powered contract review software available. Utilize the Ivo checklist to evaluate agreements based on your specific needs, seamlessly incorporating AI-generated redlines and comments right into your Microsoft Word document. Ivo is designed to adapt to the distinct legal terminology and protocols of your organization, providing tailored reviews that meet your requirements. Discover potential issues within your contracts, compile issue lists, summarize findings, and identify any unused defined terms. Functioning as an add-in within Microsoft Word, Ivo also extends its support to Google Docs and PDF files. Enhance productivity through smart redline suggestions while effectively managing risks and internal communications by creating dynamic, customizable issue lists with just a single click. Ivo prioritizes the security and safety of your contracts, underscoring our commitment through the acquisition of esteemed security certifications recognized across the industry. Additionally, the integration of Ivo ensures that you can focus on strategic tasks while it handles the intricacies of contract management.
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Pricing
Pricing Starts At:
$60/month/user
Free Trial:
Yes
Integrations
Company Details
Company:
SpotDraft
Year Founded:
2017
Headquarters:
United States
Website:
spotdraft.com/verifai
Media
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Product Details
Platforms
Web-Based
Windows
Mac
Types of Training
Training Docs
In Person
Training Videos
Customer Support
Business Hours
Online Support
VerifAI Features and Options
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