Legitt AI
vs
Legartis
Legitt AI
Legitt AI provides an AI-native platform designed to enhance contract lifecycle management (CLM) and sales processes. The system utilizes artificial intelligence to assist businesses in creating, reviewing, signing, automating, and tracking contracts efficiently within a single platform. It aims to accelerate deal closures, ensure compliance, and simplify overall contract management workflows, ultimately transforming contracts into revenue drivers.
Beyond core CLM, Legitt AI offers tools for analyzing vendor contracts to improve sourcing decisions and monitor vendor performance. Its assistive sales intelligence features support opportunity management, customer negotiation, and pricing optimization. The platform includes Lana Al, an intelligent assistant that provides actionable insights, automates repetitive tasks, and offers personalized recommendations to streamline operations from lead generation to revenue tracking.
Legartis
Legartis offers an advanced Artificial Intelligence solution designed for automated contract review and comprehensive legal analytics. It assists legal, sales, and procurement teams by streamlining contract workflows and identifying potential risks. The platform operates effectively in German, English, and French, functioning independently as either a Microsoft Word add-in or a web application. Leveraging a combination of proprietary, pre-trained AI developed over seven years and Large Language Models (LLMs), Legartis ensures high accuracy, consistently achieving over 90% precision in its analyses.
The tool significantly boosts productivity by accelerating the contract review process by over 85% through highly customizable automation features like Legartis Prompts. Beyond review, Legartis facilitates the extraction of relevant data from active contracts, providing actionable insights into key performance indicators. It comes equipped with over 160 pre-trained clauses, enabling immediate analysis of various contract types, whether dealing with single documents or thousands. All contract data is processed securely on GDPR-compliant servers located in Switzerland, and an Open API allows for seamless integration with existing Contract Lifecycle Management (CLM) systems.
Legitt AI
Pricing
Legartis
Pricing
Legitt AI
Features
- AI Contract Lifecycle Management: Create, e-sign, automate, and track contracts on one AI-native platform.
- Assistive Sales Intelligence: Utilize AI for opportunity management, customer negotiation, and pricing optimization.
- Vendor Contract Management: Analyze, compare, assess, negotiate, and track vendor contracts and performance using AI.
- AI Contract Generator: Automatically create legally-binding contracts using AI algorithms.
- AI Contract Review: Analyze contracts for inconsistencies, risks, and errors with AI.
- AI Repo Analyzer: Examine entire contract repositories for insights and risk mitigation.
- AI Contract Tracking: Monitor contract lifecycles, status, milestones, and deadlines automatically.
- Lana Al Assistant: Provides AI-powered insights, workflow automation, and personalized recommendations.
- Electronic Signatures: Integrated e-sign capabilities for faster contract execution.
- Workflow Automation: Automate repetitive tasks, approvals, and contract renewals.
Legartis
Features
- AI Contract Review: Accelerates contract review using pre-trained AI and LLMs.
- AI Legal Analytics: Extracts relevant data and provides insights from active contracts.
- Multi-language Support: Operates in German, English, and French.
- High Accuracy: Achieves over 90% accuracy through multi-stage quality assurance.
- Platform Integration: Available as a Word add-in and web app.
- Customizable Automation: Uses Legartis Prompts for tailored automation levels.
- Pre-trained Clauses: Comes with 160+ pre-trained clauses for immediate analysis.
- Open API: Allows integration with CLM systems for data synchronization.
- GDPR Compliant: Processes data on servers in Switzerland.
Legitt AI
Use cases
- Accelerating sales cycles and closing deals faster.
- Streamlining the entire contract lifecycle from creation to renewal.
- Managing and analyzing sales contracts for improved revenue.
- Optimizing vendor sourcing through AI-powered contract evaluation.
- Negotiating and finalizing vendor contracts efficiently.
- Monitoring vendor compliance and performance in real-time.
- Improving the quality of proposals, quotes, and estimates.
- Automating contract approvals and workflows.
- Centralizing customer data management for sales insights.
- Reducing operational costs associated with contract management.
Legartis
Use cases
- Automating routine contract reviews for legal teams.
- Accelerating sales contract processing and ensuring compliance.
- Improving efficiency in procurement contract analysis.
- Performing large-scale analysis of active contracts for risk assessment.
- Reviewing specific contract types like DPAs and NDAs quickly.
- Extracting key metadata from contracts for CLM systems.
Legitt AI
FAQs
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What are the challenges in implementing a CLM solution?
Challenges include resistance to change, the complexity of migrating existing contracts, integration with other systems, ensuring user adoption, and aligning the CLM solution with business processes.How does CLM ensure confidentiality and data privacy?
CLM ensures data privacy and confidentiality through secure data handling practices, access controls, compliance with privacy laws, and safeguarding sensitive contract information.What does the future hold for CLM technology?
The future of CLM includes increased AI and machine learning integration for predictive analytics, enhanced mobile accessibility, and improved integration with other business technologies.Can Legitt AI integrate with ERP systems?
Yes, Legitt AI can integrate with various ERP systems, offering a comprehensive approach to enterprise resource and contract management.Does Legitt AI provide contract lifecycle visualization?
Yes, Legitt AI offers visual representations of the contract lifecycle to improve understanding and management.
Legartis
FAQs
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What does automated contract review mean?
Automated contract review means that certain contract review processes are automated. This includes pointing out faulty, missing or incomplete clauses with the help of AI. Certain work steps are carried out manually by the reviewer, others are taken over by AI.How does Legartis’ AI work?
Our team of legal experts trains Legartis’ AI on different clause types and legal concepts. It therefore arrives pre-trained and able to analyse your contracts from day one of use.What languages does Legartis’ AI speak?
Legartis understands and performs at a high level in these languages: German, English and French. Other languages can be trained on demand.How accurate is Legartis' AI?
Our legal engineering team works with test sets and only releases checkpoints when the AI achieves an accuracy of over 90%. For you, this means that with Legartis AI you receive very high and consistent AI quality from day 1.Can Legartis be integrated with other tools (e.g. CLM)?
Legartis is designed with an open API. This means that integration into other systems is possible without any problems.
Legitt AI
Uptime Monitor
Average Uptime
98.79%
Average Response Time
288.67 ms
Last 30 Days
Legartis
Uptime Monitor
Average Uptime
99.86%
Average Response Time
218 ms
Last 30 Days
Legitt AI
Legartis