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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 Outlit?
Outlit revolutionizes sales teams by rapidly pinpointing risks, negotiating terms, and ensuring compliance, which effectively removes delays tied to legal approvals. Allow Outlit’s AI agents to take care of the intricate tasks, so your team can concentrate on efficiently closing deals. These smart agents are capable of assessing potential risks, engaging in price negotiations, verifying compliance, and offering customized suggestions that align with your company's standards, all for swift and accurate deal-making. By optimizing approval workflows and hastening contract sign-offs, Outlit reshapes the operational landscape for businesses. Experience a groundbreaking method for contract searches as Outlit allows users to effortlessly find and compare any terms, prices, or clauses within their agreements. Moreover, you can tailor the agents to seamlessly fit your contract workflows, whether by creating guidelines from your previously approved documents or utilizing our pre-designed templates. In just a few clicks, you can generate contracts and templates suited for any business need. Numerous startups and large enterprises are already reaping the rewards of Outlit to enhance their contractual efficiency. By refining the contract review process through our innovative AI agents, we enable sales teams to finalize more deals in less time. With Outlit, the future of contract management transcends mere efficiency; it brings about a transformative shift that can redefine business success. As companies continue to adopt this technology, the impact on productivity and profitability will be profound.
Integrations Supported
Microsoft Word
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
Outlit
Company Location
United States
Company Website
outlit.ai/