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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 Diligen?
Achieve a deep understanding of your contracts by identifying key clauses, generating summaries, and supporting your team’s review workflow with sophisticated machine learning techniques. Diligen is employed worldwide, serving everyone from small legal teams to large Fortune 15 companies, making the contract review process faster, more efficient, and budget-friendly. Its impressive scalability allows for the management of anywhere between 50 and 500,000 contracts effortlessly. From the very first day, users gain access to numerous pre-trained clause models and have the option to swiftly customize Diligen to identify new concepts. The platform features a flexible and intuitive interface that can be adapted to meet your specific needs. When compared to other solutions in the market, it stands out with its exceptional performance. You can assign contracts to team members, foster collaboration, and manage the review process with ease. Moreover, training the system to detect new clauses or ideas is a simple task, and it can generate contract summaries in formats such as Word or Excel automatically. Additionally, contracts can be sorted based on various parameters including name, date, parties involved, or specific clauses, ensuring that a multitude of important clauses are promptly recognized and emphasized for your benefit. This thorough strategy for managing contracts greatly boosts both efficiency and precision, ultimately transforming the way legal teams operate. The time saved through this process allows teams to focus on more strategic tasks, further enhancing their overall productivity.
Integrations Supported
Microsoft Word
Box
Clio
Epiq Discovery
Microsoft Excel
NetDocuments
Integrations Supported
Microsoft Word
Box
Clio
Epiq Discovery
Microsoft Excel
NetDocuments
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
Diligen
Company Location
Canada
Company Website
www.diligen.com