Onit ReviewAI System

Context:
- It can be intended for: Contract Manager, General Counsel, Assistant General Counsel, Senior Contract Manager, Corporate Lawyer, In-House Counsel, Head of Legal Department, Corporate Legal Counsel, Director of Legal Operations, Head of Legal Operations.
- ...
Example(s):
- AuthorDocs [1]
- ...
Counter-Example(s):
- Ariba Contract Management,
- Icertis Contract Management.
See: Legal Technology, Artificial Intelligence, Document Review, LegalOn Contract Review System, Contract Analytics, Legal Automation, Contract Review, General AI System, Consumer Review Platform.

References

(GM-RKB ChatGPT, 2023) ⇒ Summarize the concept Onit ReviewAI System in 1- 2 paragraphs, promt.GM-RKB ChatGPT (model: gpt-4-1106-preview) Retrieved: 2023-12-24.
- QUOTE: The Onit ReviewAI system is an advanced contract review technology that utilizes artificial intelligence (AI) to streamline the process of reviewing and managing legal contracts. Designed to assist lawyers, legal departments, and contract professionals, ReviewAI significantly reduces the time and effort required to analyze contracts by automatically extracting key terms, provisions, and obligations.
  By leveraging machine learning algorithms, ReviewAI can understand the context and semantics within a contract, allowing it to perform tasks such as clause identification, comparison to standard templates, and risk assessment. It aids users in contract negotiation by highlighting areas of concern and suggesting potential revisions based on predefined company standards and best practices. This system improves accuracy, efficiency, and productivity in contract management processes, ultimately saving time and reducing the errors associated with manual contract review.

(LinkedIn, 2023) ⇒ https://linkedin.com/products/onit-reviewai/
- QUOTE: Onit’s ReviewAI software uses artificial intelligence (AI) to quickly and accurately draft, review, redline, and edit all types of contracts in minutes. Non-legal business users can now automatically receive a reviewed, redlined, and approved contract via email or self-service portal in less than 2 minutes. For more hands-on functionality, the ReviewAI Word Add-in designed for lawyers and contract professionals automatically drafts, reviews, redlines, and edits contracts against corporate standards. The AI skillset quickly learns based on user feedback and is easily customizable so that it can be applied to many different use cases including NDAs, MSAs, purchase agreements, and third-party contract review. When paired with a contract lifecycle management system like Onit’s, organizations obtain an AI-driven workflow that automates the entire contract lifecycle from creation to execution.
- This product is intended for: Contract Manager, General Counsel, Assistant General Counsel, Senior Contract Manager, Corporate Lawyer, In-House Counsel, Head of Legal Department, Corporate Legal Counsel, Director of Legal Operations, Head of Legal Operations.