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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 Ivo?

Optimize your contract negotiation process by minimizing time, effort, and costs involved. Experience unparalleled efficiency with cutting-edge AI-driven contract review software. Leverage the Ivo checklist to assess agreements tailored to your specific requirements, seamlessly integrating AI-generated comments and redlines directly into your Microsoft Word documents. Ivo is built to align with the unique legal language and procedures of your organization, offering personalized reviews that cater to your needs. Uncover potential contract issues, generate issue lists, summarize key findings, and pinpoint any undefined terms that may be overlooked. Operating as an add-in for Microsoft Word, Ivo also supports Google Docs and PDF formats. Boost your productivity with intelligent redline suggestions and manage risks effectively by creating dynamic, customizable issue lists at the click of a button. Ivo places a high priority on the security and confidentiality of your contracts, reinforcing this commitment through the attainment of prestigious security certifications recognized throughout the industry. With Ivo integrated into your workflow, you can concentrate on strategic initiatives while it expertly manages the complexities of contract oversight. This innovative tool not only enhances efficiency but also empowers teams to work more collaboratively and effectively on contract-related tasks.

Media

Media

Integrations Supported

Microsoft Word

Integrations Supported

Microsoft Word
Adobe PDF Services API
Azure OpenAI Service
Google Docs
Microsoft Azure

API Availability

API Availability

Pricing Information

$60/month/user
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
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

Ivo.ai

Company Location

United States

Company Website

www.ivo.ai/

Categories and Features

AI Contract Review

Not specified

Contract Analysis

Not specified

Categories and Features

AI Contract Review

Not specified

AI Legal

Not specified

Contract Analysis

Not specified

Legal

Not specified

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