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features
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support

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Description

TermScout employs a unique hybrid model that integrates artificial intelligence with legal expertise to achieve contract reviews with an impressive accuracy exceeding 99%. This level of precision surpasses what can be accomplished by AI or legal professionals working independently. The synergy between technology and legal knowledge truly exemplifies a perfect collaboration. Our primary focus lies in contracts related to the acquisition or licensing of IT services, including software, cloud solutions, hardware, professional services, independent contractor arrangements, and non-disclosure agreements. We are continuously expanding our range of contract types in our review offerings. By utilizing a data-driven approach, we provide a valuable "gut check" for various categories, empowering you to enhance your software contracts for optimal outcomes. This alignment with your business partners ensures that your contractual objectives are met effectively. The insights we offer equip you with essential information for making pivotal decisions, allowing you to save time and expedite the signing of contracts that are rated favorably. In today's fast-paced business environment, leveraging our services can give you a significant competitive edge.

Description

VerifAI is an AI add-in for MS-Word. It saves 15 hours/week for lawyers when reviewing contracts. HIGHLIGHTS • Review a contract in 3 minutes instead of 3 hours with the latest AI technology for legal • Save up to $4,088 per month with contract reviews • Increase your revenue per employee by 5x in the legal department Choose from our extensive collection of contract playbooks, guidelines and other documents. CAPABILITIES • Mark contract risks against the personalized guidelines you set Choose from a selection of contract guidelines that are tailored to your industry or contract. Please suggest redlines that are tailored to your guidelines • Ask open-ended legal questions to a trained AI ChatGPT. How it works 1. Install VerifAI for free as a Microsoft Add-In 2. Open the contract you wish to review 3. Choose from our templates or your own contract playbook. 4. Instantly compare the contract with your playbook guidelines

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Microsoft Word

Integrations

Microsoft Word

Pricing Details

$49 per contract review
Free Trial
Free Version

Pricing Details

$60/month/user
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

TermScout

Founded

2018

Country

United States

Website

termscout.com

Vendor Details

Company Name

SpotDraft

Founded

2017

Country

United States

Website

spotdraft.com/verifai

Product Features

Product Features

Alternatives

Alternatives