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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.

About

Revnue is a Next-gen Contract Management Platform that leverages advanced AI, ML, NLP, and deep learning technologies to enable end-to-end contract lifecycle management. With its Rich Contract Authoring capability, users can create contracts, collaborate with other users, place comments, review, redline, build clause library, compare documents, and track version history for a more streamlined contract drafting experience. Revnue also offers integrated eSignature capabilities that allow users to send documents for signature directly within the platform. Revnue's game-changing Smart Repository seamlessly stores, tracks, and manages contracts, assets, services, and SaaS documents. Other key features include Advanced Reporting and Business Intelligence, Role-Based Access Control (RBAC), Key Data Extraction, Custom Fields, Smart Search, Smart Inbox, Smart Reminders, and Multi-user Support. Additionally, it offers a powerful API for enterprise-wide integrations.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Businesses searching for an AI contract management and negotiation software

Audience

Procurement, finance, legal firms, human resources, health sector, sales professionals and public sector interested in a powerful and secure contract management system

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

Revnue contract management platform pricing is on request.
Free Version
Free Trial

Reviews/Ratings

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

Reviews/Ratings

Overall 4.8 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

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.

Pros & Cons from Real Users

Pros

  • Leveraging technology to store my documents has been a smooth ride with Revnue. I can now keep all of my buy-side and sell-side contracts and files in one place. Revnue's Smart Inbox feature allows me to quickly and easily send and store documents in a centralized repository. In addition, I used Revnue features to convert my handwritten notes into machine-readable text. Rev[AI] extracts data from any type of text-based document in real time.
  • The contract reminder is amazing! We've missed renewals in the past and it has been a headache for my team. Most of them forget the date because too many contracts have piled up and they are not organized properly.
  • Revnue improved the processing time as we could edit and sign the contract faster than before. Going digital with contracts has been great so far!
  • I love how convenient the software is. My team has access to it and we can edit it faster than before. It also speeds up are processes, which increase everyone's work efficiency.

Cons

  • Working with Revnue has been an amazing experience for my organization. The only thing I'd want them to look into is that Revnue is not capable of providing some advanced legal features.
  • Digital signature is not yet available. Can't wait for this though.
  • It's been a few weeks and I still have yet to explore other features. But I am looking forward to using it longer.
  • It’s been just a month since we started using it and I don’t see any cons as of now.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

LexCheck
Founded: 2015
United States
www.lexcheck.com

Company Information

Revnue
Founded: 2021
United States
revnue.com

Alternatives

Alternatives

Categories

Categories

Contract Management Features

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Integrations

Zapier

Integrations

Zapier
Claim LexCheck and update features and information
Claim LexCheck and update features and information
Claim Revnue and update features and information
Claim Revnue and update features and information