Outlit is an AI-powered tool specifically designed for Contract Intelligence, aiming to streamline and automate manual tasks within contract management processes. Its primary goal is to reduce workloads and minimize overhead costs for companies.
A key feature of Outlit is its capability to create contract knowledge bases, consolidating all contracts into a single, searchable repository. This centralized database provides users with insights, tracks historical contract comparisons, and identifies contract trends, enhancing overall efficiency.
Additionally, Outlit offers a risk analysis feature, allowing users to comprehensively understand the risks associated with each contract. By ranking and flagging legal and business risks, Outlit empowers users to make informed decisions.
Another notable aspect of Outlit is its negotiation capability, which identifies potential negotiation opportunities within contracts, potentially leading to significant cost savings.
Trusted by startups and enterprise companies alike, Outlit is recognized for its comprehensive approach to contract management. By automating tedious tasks and providing features such as contract knowledge bases, risk analysis, and negotiation assistance, Outlit improves efficiency and reduces errors in contract handling processes.
