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What is VerifAI?

VerifAI serves as an AI-enhanced add-in for MS-Word, significantly reducing the time lawyers spend on contract reviews by saving them up to 15 hours each week. HIGHLIGHTS • Utilize cutting-edge AI technology to review contracts in just 3 minutes rather than the traditional 3 hours. • Achieve monthly savings of up to $4,088 through efficient contract assessments. • Amplify your legal department's revenue per employee by a factor of five. Access a comprehensive array of contract playbooks, guidelines, and related documents to streamline your workflow. CAPABILITIES • Identify contract risks based on the personalized criteria you establish. Select from a variety of contract guidelines specifically designed for your industry or contract type. Receive tailored redline suggestions that align with your guidelines. • Pose open-ended legal inquiries to an advanced AI ChatGPT for insightful responses. How it works 1. Download VerifAI for free as a Microsoft Add-In. 2. Open the specific contract you wish to evaluate. 3. Select from our templates or utilize your own contract playbook. 4. Quickly compare the contract against your established playbook guidelines to ensure compliance and accuracy. This innovative tool not only streamlines contract reviews but also enhances overall legal efficiency.

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

Microsoft Word

Integrations Supported

Microsoft Word

API Availability

Has API

API Availability

Has API

Pricing Information

$60/month/user
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

SpotDraft

Date Founded

2017

Company Location

United States

Company Website

spotdraft.com/verifai

Company Facts

Organization Name

BlackBoiler

Date Founded

2016

Company Location

United States

Company Website

www.blackboiler.com

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives

VerifAI Reviews & Ratings

VerifAI

SpotDraft