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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 DraftWise?

DraftWise enhances the collaboration between attorneys and effective language, streamlining the drafting process for quicker and more accurate contracts. This cutting-edge platform utilizes historical deal data to swiftly generate initial markup edits for various contracts. By connecting lawyers with their most impactful language options, users can easily sift through past agreements, contrast different clauses, and make immediate redline changes using Microsoft Word and Outlook. Not only does it offer vital insights into prevailing market practices, but it also cites previously accepted terms from opposing parties, bolstering negotiation tactics throughout the entire deal process. DraftWise is dedicated to upholding data security while fostering a high standard of excellence. As the only AI-driven solution tailored for transactional attorneys at every step—from drafting to negotiation—this tool capitalizes on the extensive breadth of your deal history. By simplifying the management of complex agreements on a larger scale, DraftWise empowers teams to focus on more strategic objectives, thereby boosting productivity and overall effectiveness. Through this innovative tool, attorneys can approach their workflows with enhanced assurance and efficiency, leading to better outcomes in their legal practice. Ultimately, DraftWise transforms the landscape of contract drafting by providing a comprehensive solution that meets the evolving needs of legal professionals.

Media

Media

Integrations Supported

Microsoft Word
Microsoft 365
Microsoft Outlook
Microsoft SharePoint
NetDocuments
OpenFusion

Integrations Supported

Microsoft Word
Microsoft 365
Microsoft Outlook
Microsoft SharePoint
NetDocuments
OpenFusion

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

DraftWise

Date Founded

2020

Company Location

United States

Company Website

www.draftwise.com

Categories and Features

Categories and Features

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