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What is LexCheck?

Cutting-edge AI technology equips users with attorney-level negotiation capabilities, featuring multi-round reviews, automated redlining, fallback playbooks, and instructional support, all of which streamline the transition from contract creation to final approval. This innovation dramatically accelerates the negotiation and markup process, enabling rapid reviews that can occur in near real-time. By shortening deal timelines, it not only leads to significant cost reductions but also enhances the overall efficiency of procurement workflows. Employing data-driven insights allows for improved review strategies, effectively addressing edge cases while integrating valuable feedback. Furthermore, it reduces potential risks by maintaining compliance with both organizational mandates and industry standards through AI-driven adherence to established playbook protocols. LexCheck AI is pre-equipped with well-recognized negotiation best practices suitable for various common contract types. Our expert team stands ready to assist in tailoring the system to fit your specific playbook guidelines, requiring fewer than 24 training examples to do so. This customized approach guarantees that your contract negotiation process is both efficient and adept at fulfilling your particular requirements, ultimately fostering a more streamlined operational experience. With these capabilities, organizations can expect not only improved negotiations but also a strengthened competitive edge in their respective markets.

What is BlackBoiler?

BlackBoiler harnesses the power of artificial intelligence to swiftly analyze contracts by referencing your company’s past agreements and standards. Utilizing cutting-edge AI and natural language processing, it seamlessly annotates incoming contracts according to your organization's guidelines within the "Track Changes" feature. Users contribute to a machine learning feedback loop that continually enhances BlackBoiler's intelligence and operational efficiency each time it is utilized. This capability allows users to evaluate contracts with exceptional consistency while drastically cutting down on the time required. By employing AI in contract assessments, it uncovers inconsistencies and suggests revisions that align with the company's playbook, ensuring a uniform method for contract evaluation and markup, no matter who the negotiator is or where they are located. With BlackBoiler, companies can process a larger volume of contracts more quickly while empowering their teams to leverage past contract review experiences in future endeavors. Ultimately, this innovative tool not only simplifies the contract review process but also promotes a more integrated and efficient workflow throughout the organization, leading to improved collaboration and productivity among team members. This enhanced efficiency in contract handling allows teams to focus more on strategic initiatives rather than getting bogged down by administrative tasks.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LexCheck

Date Founded

2015

Company Location

United States

Company Website

www.lexcheck.com

Company Facts

Organization Name

BlackBoiler

Date Founded

2016

Company Location

United States

Company Website

www.blackboiler.com

Categories and 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

Categories and Features

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