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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 Onit Catalyst for Contracts?

Catalyst for Contracts is designed to seamlessly integrate into your existing workflow by allowing users to utilize their preferred tools, while employing conversational AI to support legal professionals in effectively drafting language, identifying inconsistent terms, clarifying clauses, and reformulating positions, among various other tasks. Harness the power of AI and natural language processing for efficient extraction of contract data and legal text analysis to quickly gain insights into regulatory updates, identify contract patterns, and find answers to essential business inquiries. Tackle complex challenges swiftly by utilizing approved fallback options or by comparing clauses with your established clause library. Speed up the contract review process with in-contract AI features that highlight defined terms, cross-references, and potentially problematic language, ensuring a comprehensive assessment. This cutting-edge approach not only optimizes workflows but also significantly improves the accuracy and trustworthiness of legal documentation. As a result, legal teams can focus more on strategic decision-making and less on mundane tasks, ultimately enhancing overall productivity.

Media

Media

Integrations Supported

BusyLamp
Microsoft Word
Onit Catalyst for ELM
OnitX Contract Lifecycle Management
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Legal Spend Management
OnitX Matter Management

Integrations Supported

BusyLamp
Microsoft Word
Onit Catalyst for ELM
OnitX Contract Lifecycle Management
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
OnitX Legal Spend Management
OnitX Matter Management

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

Onit

Date Founded

2011

Company Location

United States

Company Website

www.onit.com/catalystforcontracts/

Categories and Features

Categories and Features

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