OutRiskAI vs WhatsLaw Detailed comparison features, price

OutRiskAI

OutRiskAI offers an automated solution for businesses, particularly Micro, Small & Medium Enterprises (MSMEs), seeking to identify and mitigate potential risks embedded within their corporate contracts. Utilizing advanced Artificial Intelligence, the platform analyzes contract documents to predict potential issues across various industries, ranging from finance to healthcare.

The tool focuses on delivering accurate risk predictions based on AI models trained on millions of data points. OutRiskAI emphasizes data security, employing up-to-date technologies to ensure user contract information remains confidential and protected throughout the analysis process.

WhatsLaw

WhatsLaw is an AI-driven platform designed to revolutionize the contract management process for businesses by combining the speed and efficiency of artificial intelligence with the expertise of qualified lawyers. The platform reviews, drafts, and analyzes business contracts, delivering fast and accurate legal documents while ensuring every contract is vetted by legal professionals.

WhatsLaw goes beyond simple templates or legal marketplaces, offering tailored legal advice that continually adapts to a company's unique processes. Users can securely store, monitor, and manage all legal documents in one place, benefiting from significant cost savings and enhanced risk identification compared to traditional legal services.

Pricing

OutRiskAI Pricing

Paid

From $29

OutRiskAI offers Paid pricing with plans starting from $29 per month .

WhatsLaw Pricing

Contact for Pricing

WhatsLaw offers Contact for Pricing pricing .

Features

OutRiskAI

AI-Powered Risk Prediction: Accurately predicts risks in business contracts using AI models trained on millions of data points.
Data Security: Employs the latest security technologies to keep contract data safe.
Wide Industry Coverage: Models can predict risks across a broad range of industries, including finance and healthcare.
Contract Uploads: Allows users to upload contracts for analysis (limits based on plan).
Contract Generation: Offers contract generation capabilities (limits based on plan).
Risk Analysis Limits: Provides a specific number of risk analyses per contract (based on plan).
Solution Suggestions: Offers potential solutions for identified risks (limits based on plan).

WhatsLaw

AI Contract Review: Instantly reviews contracts for risks and compliance using advanced AI models.
Lawyer Approval: Ensures all contracts are approved by qualified legal professionals.
Tailored Legal Advice: Delivers recommendations that adapt to each business's unique contract handling.
Contract Generation: Drafts lawyer-grade contracts customized to company requirements.
Document Storage and Monitoring: Securely stores and monitors all legal documents in a centralized environment.
Continuous Learning: AI that improves advice effectiveness by learning from each interaction.

Use Cases

OutRiskAI Use Cases

Identifying potential liabilities in supplier agreements.
Assessing risks in client contracts before signing.
Reviewing partnership agreements for hidden clauses.
Ensuring compliance within service level agreements (SLAs).
Streamlining contract review processes for legal teams or business owners.
Mitigating financial or operational risks found in business contracts.

WhatsLaw Use Cases

Business contract review for risk and compliance.
Drafting new service agreements tailored to business needs.
Securely storing and monitoring all contractual documents.
Receiving adaptive legal advice for ongoing business operations.
Cost-effective and rapid contract management versus traditional law firms.

FAQs

OutRiskAI FAQs

Why do I need OutRiskAI?

OutRiskAI helps identify and mitigate risks in business contracts using AI automation, aiming to save time and prevent potential issues.
How can I get started with OutRiskAI?

You can get started by choosing a suitable pricing plan (Basic or Pro) or contacting sales for the Enterprise plan via their website.
How does OutRiskAI assess risks in corporate contracts?

The platform uses AI models, trained on millions of data points, to analyze contracts and predict potential risks across various industries.
What does OutRiskAI provide after assessing a corporate contract?

OutRiskAI provides risk analysis and suggests potential solutions for the identified risks within the contract, with limits depending on the chosen subscription plan.
Is my contract data secure on OutRiskAI?

Yes, OutRiskAI states they use the latest security technologies to keep user contract data safe.

WhatsLaw FAQs

How can I trust WhatsLaw?

WhatsLaw ensures all contracts are reviewed and approved by qualified lawyers while maintaining strict data security measures.
What happens to my data?

Your data is handled in a secure environment, with confidentiality and privacy as priority.
Are WhatsLaw contracts secure?

Contracts managed through WhatsLaw are secured using safe digital practices, ensuring legal data protection.
How does WhatsLaw improve over time?

The AI continuously learns from your contract interactions, tailoring legal advice to your specific business needs.