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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 Contriqo by Perfomir?

Contriqo, created by Perfomir, represents a cutting-edge platform that utilizes artificial intelligence to analyze contracts and assess associated risks, specifically designed for teams working on construction and infrastructure initiatives. This tool aids a variety of stakeholders, including those in commercial, project, legal, risk management, and executive roles, in thoroughly examining contract documents to pinpoint risks at the clause level, understand notice requirements, and reveal potential claim avenues before they escalate into issues during project execution. Contriqo provides functionalities for both pre-award contract evaluations and continuous risk oversight throughout the project delivery phase. Users can effortlessly upload contracts, gain structured insights regarding risks, evaluate key obligations, monitor contractual events, and employ executive dashboards that highlight significant risks, patterns of commercial exposure, and urgent concerns that require attention. The platform proves particularly advantageous for professionals such as construction contractors, infrastructure asset owners, consultants, project directors, commercial managers, contract managers, and legal and risk management teams, establishing itself as a vital resource in their operational toolkit. By incorporating this advanced technology into their workflows, organizations can not only refine their decision-making processes but also enhance overall project outcomes, ensuring that potential issues are addressed proactively rather than reactively. As a result, Contriqo fosters a more efficient and risk-aware environment in the management of construction and infrastructure contracts.

Media

Media

No images available

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

$1,490/year
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

Perfomir

Date Founded

2024

Company Location

Australia

Company Website

perfomir.com.au

Categories and Features

Categories and Features

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