Ratings and Reviews 0 Ratings
Ratings and Reviews 0 Ratings
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What is TermScout?
TermScout utilizes an innovative hybrid model that fuses artificial intelligence with legal acumen to conduct contract reviews with a remarkable accuracy rate exceeding 99%. This exceptional level of precision outstrips the capabilities of both AI and legal professionals when functioning in isolation. The collaboration between advanced technology and legal expertise serves as a prime example of effective partnership. Our main emphasis is on contracts pertaining to the procurement or licensing of IT services, which encompasses software, cloud solutions, hardware, professional services, independent contractor agreements, and non-disclosure agreements. We are actively broadening the spectrum of contract types included in our review services. Through a data-driven methodology, we deliver a crucial "gut check" for various categories, enabling you to refine your software contracts for the best possible results. This alignment with your business associates guarantees that your contractual goals are achieved with precision. The valuable insights we provide empower you with vital information necessary for making key decisions, thus allowing you to save time and accelerate the approval of contracts that receive high ratings. In the rapidly evolving business landscape, utilizing our services can offer you a substantial advantage over your competitors, ensuring that you stay ahead in your industry. Furthermore, this approach not only streamlines your operations but also enhances the overall quality of your agreements.
What is Onit Catalyst for Contracts?
Catalyst for Contracts is designed to seamlessly integrate into your existing workflow by allowing users to utilize their preferred tools, while employing conversational AI to support legal professionals in effectively drafting language, identifying inconsistent terms, clarifying clauses, and reformulating positions, among various other tasks. Harness the power of AI and natural language processing for efficient extraction of contract data and legal text analysis to quickly gain insights into regulatory updates, identify contract patterns, and find answers to essential business inquiries. Tackle complex challenges swiftly by utilizing approved fallback options or by comparing clauses with your established clause library. Speed up the contract review process with in-contract AI features that highlight defined terms, cross-references, and potentially problematic language, ensuring a comprehensive assessment. This cutting-edge approach not only optimizes workflows but also significantly improves the accuracy and trustworthiness of legal documentation. As a result, legal teams can focus more on strategic decision-making and less on mundane tasks, ultimately enhancing overall productivity.
Integrations Supported
BusyLamp
Onit Catalyst for ELM
OnitX Contract Lifecycle Management
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Legal Spend Management
OnitX Matter Management
Integrations Supported
BusyLamp
Onit Catalyst for ELM
OnitX Contract Lifecycle Management
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Legal Spend Management
OnitX Matter Management
API Availability
Has API
API Availability
Has API
Pricing Information
$49 per contract review
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
TermScout
Date Founded
2018
Company Location
United States
Company Website
termscout.com
Company Facts
Organization Name
Onit
Date Founded
2011
Company Location
United States
Company Website
www.onit.com/catalystforcontracts/