SpeedLegal VS contractSILO

SpeedLegal Pricing

contractSILO Pricing

SpeedLegal

• Red Flag Analyzer: Find hidden risks in your contracts and prevent unfavorable terms.
• Personalized Suggestions: Receive tailored suggestions based on your specific contract needs and standard set by you.
• Ask our AI: Get quick answers to your contract-related questions.
• Automated contract summary: Understand complicated contracts with short and simple summaries.
• Set your own contract standards: Customize your contract standards to match your business goals.

contractSILO

• AI-Scan: Extracts key contract data automatically using artificial intelligence
• Advanced Security: 256-bit SSL, 2FA, and encrypted storage with ISO 27001 data centers
• Custom & Multi-Level Filtering: Filter and find contracts with customizable search criteria
• Automated Reminders: Never miss renewals or key dates with in-app and email alerts
• Financial Analysis: Monitor expenses and income with multi-currency and dashboard reporting
• Contract Categorizing: Organize contracts with tags, hierarchy, and role-based grouping
• Dashboards: Get at-a-glance visibility on contract status, expiries, and financials
• Collaboration: User and team management, contract discussion, and permissions control
• Unlimited Attachments: Store multiple files and versions for each contract
• Contract Tracking: Track contract updates, login activity, and status changes

SpeedLegal Use Cases

• Reviewing and understanding various contract types (e.g., MSAs, NDAs, employment agreements).
• Identifying potential risks and unfavorable terms within contracts.
• Getting quick clarifications on specific clauses or legal jargon.
• Creating concise summaries of complex contracts.
• Setting and maintaining consistent contract standards across an organization.

contractSILO Use Cases

• Automatically extract and analyze key terms and dates from contract documents
• Receive timely reminders for contract renewals, payments, and expirations
• Securely store and manage all business contracts in one centralized platform
• Enable teams to collaborate on contract review, discussion, and management
• Generate financial reports and analyze income and expenditure across contracts
• Quickly search and filter large volume of contracts for compliance or audit
• Set role-based permissions to control contract access for team members

SpeedLegal FAQs

• What is SpeedLegal?

  SpeedLegal is a technological startup that uses Machine Learning technology (specifically Deep Learning, LLMs and genAI) to highlight the terms and the key risks of any contract. We analyze your documents and send you a simplified report so you can make a more informed decision before signing your name on the dotted line.
• Is my contract reviewed by a real lawyer?

  Yes, for Startup, Growth, and Enterprise users.SpeedLegal uses Deep Learning models (AI) to highlight the key provisions and identify the main risks of a contract. We also offer an additional human check on top of the AI models to give our users more assurance. The human check is currently free (during Beta).
• How are market standards created at SpeedLegal?

  SpeedLegal creates its own Market Standards by analyzing tens of thousands of high-quality contracts and over 1 billion data points to cluster millions of targeted data points. Additionally, we consult with our Committee of Industry experts to fine-tune our standards, taking into account factors such as jurisdictions, contract types, parties involved, and key clauses. We recognize that data biases may exist, so we double-check our Market Standards with legal experts from top law firms and enterprise organizations to avoid any one-sidedness or unwanted biases.
• Is SpeedLegal.io website secure?

  We care about your contracts so we use the highest level of security to store and protect your contracts. Among our security protocols: Encryption SSL Certificate - SHA-256 With RSA Encryption, Firewall - Virtual Private Security groups. We encrypt our user credentials on signup and ensure they are logged in through a secure channel.
• Do you provide legal advice?

  At SpeedLegal, we do not provide legal advice. Instead, we serve as a contract reading facilitator and provide statistical inferences to support your decision-making processes. As an Alternative Legal Service Provider (ALSP), our focus is on offering innovative solutions for contract management and contract augmentation, similar to companies in this segment. Our primary goal is to enhance efficiency and streamline your contract negotiation process while working in collaboration with your legal team. Please check our disclaimer.

contractSILO FAQs

• What is contractSILO's AI-Scan feature?

  AI-Scan automatically extracts and highlights important information from contracts, making review and management faster and more accurate.
• Can I use contractSILO for free?

  Yes, contractSILO offers a free version for personal use and freelancers with support for up to 50 contracts and essential features.
• Is my contract data secure on contractSILO?

  contractSILO uses 256-bit SSL encryption, two-factor authentication, and is hosted in ISO 27001-certified data centers in Germany to ensure top-level security.
• What kind of reminders does contractSILO provide?

  contractSILO sends automated reminders for contract renewals, deadlines, and other critical events via the dashboard and email.
• Can teams collaborate on contracts within the platform?

  Yes, contractSILO supports team and user management, contract-based discussions, and role-based permissions for effective collaboration.

Uptime Monitor

Uptime Monitor