Imprima AI

Imprima AI

Imprima
LexCheck

LexCheck

5.0 out of 5 stars
Imprima AI LexCheck

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Imprima AI:

About

Get maximum visibility into any contract instantly and achieve greater insight, by automatically extracting key information using Smart Summaries. Reviewing contracts and spotting red flags has never been easier. Smart Review works straight out of the box and requires no technical expertise to get started. Automatically redact confidential documents in your virtual data room, based on pre-loaded or custom regular expressions. Manage your transactions with confidence – the most secure VDR on the market. Automatically categorise and structure your data room documents with Smart Index. One of the most taxing processes when conducting vendor due diligence is organising and structuring large amounts of documentation before uploading them to your virtual data room. A process that is carried out with tight deadlines, is often highly repetitive and can be prone to human error.
LexCheck:

About

True AI delivered attorney-quality negotiation with multi-round review, automated redlining, playbook fallbacks, approvals, instructive guidance, and more. Shorten the time it takes to get from contract creation to signature, with negotiation review and markup cycles completed in near real-time. Accelerate negotiation and deal cycles, driving bottom-line savings and procurement processes. Leverage data insights to optimize your review processes and better address edge cases and accommodate feedback. Mitigate risk by ensuring compliance through AI-powered adherence to organizational and industry standards and playbook guidelines. The LexCheck AI is already equipped with best practice negotiating knowledge for most common contract types. Our team can help you tune it to your specific playbook guidance with less than 24 training samples.
Imprima AI:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
LexCheck:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Imprima AI:

Audience

Businesses searching for a contract management platform
LexCheck:

Audience

Businesses searching for an AI contract management and negotiation software
Imprima AI:

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported
LexCheck:

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported
Imprima AI:

API

Offers API Not Supported
LexCheck:

API

Offers API Not Supported
Imprima AI:

Screenshots and Videos

LexCheck:

Screenshots and Videos

Imprima AI:

Pricing

€250 per month
Free Version Not Supported
Free Trial Supported
LexCheck:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
Imprima AI:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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LexCheck:

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5
LexCheck:

Pros & Cons from Real Users

Pros

  • Lexcheck's AI system is best in the industry, using real AI technology (developed by a team of lawyers and linguists) to review and mark-up contracts according to your organisation's unique playbook within minutes. What we especially like about LexCheck is its ability to surgically amend clauses within contracts (as opposed to replacing existing wording with your organisation's preferred wording) all within minutes. LexCheck has since cut down the time our organisation's legal team reviewing and editing NDAs by 77% with the average turnaround time from beginning of review to sending Legal's comments back being less than 7 minutes. What we also find impressive and the killer feature of LexCheck is LexCheck *does not* rely on *hundreds* of samples of *one* document type in order to develop their AI system *unlike* every other AI contract review competitor in the market. Instead, they needed only *20 to 25 samples* of a contract type and only *5 samples* of each specific playbook rule to build out our AI system, regardless of the nichness or complexity of the document type or playbook rule. This made LexCheck's AI system vastly superior to other competitors our organisation has explored who either rely either on human attorneys to actually do the review/editing (which, anecotally speaking, may result in up to a week's turnaround time and fundamentally does not differ from a third party legal service provider solution) or machine learning (which require hundreds of samples of one type of document and playbook rule in order to develop their "AI" system). As our organisation's contracts are highly specialised and unique to its industry, the fact that LexCheck only requires 25 document samples and 5 samples for each playbook rule was vastly more preferable for our AI contract review solution. This is especially more so when we update our playbooks to comply with new regulation/industry standards whereby LexCheck only requires 5 samples (not hundreds) of how the new playbook rule should operate to update the AI system. Lastly, the team at LexCheck is fantastic and a dream to work with. They're professional, understanding, capable and efficient and have delivered and are delivering upon the expectations we required of them for our AI contract review solution. They've developed and implemented numerous improvements to the AI system since we've started development, and they keep us up to date on what's on the roadmap for improvements and fixes regularly. They have also provided our organisation end-to-end support with the roll-out of the AI system to the legal team with a planned rollout to the rest of the Business for self-service.

Cons

  • The LexCheck team has mostly addressed developing points with our AI system since we've started development and roll-out. Minor points are limited to the occasional formatting errors which are on their roadmap to be resolved.
Imprima AI:

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported
LexCheck:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
Imprima AI:

Company Information

Imprima
Founded: 2014
United Kingdom
www.imprima.com
LexCheck:

Company Information

LexCheck
Founded: 2015
United States
www.lexcheck.com
Imprima AI:

Alternatives

LexCheck:

Alternatives

Imprima AI:
LexCheck:
Imprima AI:
Sirion CLM

Sirion CLM

Sirion
4.8 out of 5 stars
LexCheck:
Imprima AI:
LexCheck:
Imprima AI:
Concord

Concord

4.6 out of 5 stars
LexCheck:
Imprima AI:

Categories

LexCheck:

Categories

AI Contract Review Supported
AI Legal Supported
Contract Analysis Supported
Imprima AI:

Integrations

No info available.
LexCheck:

Integrations

No info available.
Imprima AI:
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LexCheck:
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