We help sales teams close more deals by accelerating their contract review process with our AI agents.
Outlit can identify risk, negotiate prices, and check compliance so sales teams can close deals without waiting on legal.
Hey Josh,
Speeding up the contract review process with AI sounds incredibly useful for sales teams.
How does Outlit ensure the accuracy of its risk assessment and compliance checks?
Are there options for customization based on specific industry standards?
Congrats on the launch!
Hey @kyrylosilin
Users are able to create and edit their own playbook, we also provide default ones to get you started. The playbook will act as a guide for the AI Agents, and will help them follow your specific needs and industry standards.
To ensure the accuracy of our models, we test our models against a set of industry contracts consisting of sales, nda and partnership agreements. From our testing, the accuracy is around 90%, but we are actively expanding our set of contracts that we test against in order to gain more confidence in that number.
Thanks for the great question.
Incredible! I am definitely guilty of uploading my contracts and agreements to ChatGPT and praying it tells me the right answers to my questions. Will definitely be using this next time.
Congrats Josh + team on the launch - you guys are crushing it!
Thanks for the kind words @jabrueckner! Hopefully our solution will help you streamline your workflow! Feel free to reach out if you have any questions about using the platform
Congrats on launching Outlit! Could you explain more about the Playbooks feature? How customizable are the guidelines, and can they be tailored to different types of contracts?
Hey @ramya_pk!
That's a great question. Outlit allows users to handle different legal jurisdictions and contract types by leveraging customizable playbooks. These playbooks allow users to set up clauses and standards tailored to specific regions, legal requirements and contract types..
For instance, if you're dealing with companies in the EU, you can create a playbook that includes GDPR compliance and other relevant terms. The AI uses these playbooks to make sure each contract follows the specific legal requirements of the region you're working in. This flexibility allows you to easily manage contracts across different legal landscapes, ensuring compliance and accuracy!
Thank you for taking an interest in Outlit!
Hey @kszhebrovskaya
Great question! Outlit is designed to handle different legal jurisdictions by leveraging customizable playbooks. These playbooks allow users to set up clauses and standards tailored to specific regions or legal requirements.
For instance, if you're dealing with companies in the EU, you can create a playbook that includes GDPR compliance and other relevant terms. The AI uses these playbooks to make sure each contract follows the specific legal requirements of the region you're working in. This flexibility allows you to easily manage contracts across different legal landscapes, ensuring compliance and accuracy!
@davj Thanks David, always great to positive feedback on what we've built :) Thanks for the support!
Report
Hey @jearle
Outlit is a tool that helps sales teams work faster. It uses AI to check contracts for problems, suggest prices, and make sure everything follows the rules. This means sales people can finish deals quicker without waiting for lawyers.
Report
Can relate to the need- last thing the sales engine needs when trying to close at month end is a stall while waiting on legal review. Making things easier on a sales team while also allowing GC's to focus their valuable time on valuable endeavors= win
Replies
Telebugs
Outlit AI
Overlap
Outlit AI
Swatle
Outlit AI
Swatle
Outlit AI
Loopple
Outlit AI
Pathway
Outlit AI
Fondo
Outlit AI
Outlit AI
ToyPal
Outlit AI