Here’s what our customers have to say.
Book a demo now to see what the hype is all about!
Book a demo now to see what the hype is all about!
Testimonials
Contracts reviewed by AI and driven by ANYONE
Welcome to Lexical Labs, home of Tiro: the world’s leading automated contract review software driven by Artificial Intelligence.
What is Tiro?
Your AI Contract Sidekick
Anyone can use Tiro - our world-leading contract review software.
Using cutting-edge deep-learning and logic-based AI, Tiro works in your preferred document environment - in seconds.
Key Features
Tiro excels at inbound contracts (third party paper)
- Automated review at contract intake
- Review against your policies
- Summarise key clauses
- Contract finalisation using playbook and clause libraries
- Automated precedent search
- Risk scoring and reporting
- Extract and export contract metadata
- GPT and large language models integration (optional)
- Analytics on executed contracts
Users
Almost anyone can use Tiro
- Legal and contract management teams
- Sales and procurement teams
- Risk managers
- Platforms & Applications
- Small business managers
- Freelancers / Sole-traders
Users can access Tiro in their existing platform or environment, our MS Word addin or our web app.
Value Proposition
Let Tiro do the heavy lifting
- Save Time
- Save Money
- Contract Acceleration
- Risk Reduction
- Wellbeing
- Empowerment
Use-cases of Tiro
Tiro works across the whole contract lifecycle
01
Contract Intake and Triage
Contract Intake and Triage
Contract Intake and Triage
Make Tiro the first pair of eyes on the contract. Set-up your own business rules and connect Tiro to your contract intake or legal front door platform. Have Tiro approve low value and low risk contracts in seconds automatically and direct other contracts to legal review, along with a full risk assessment. Integration with e-signature also possible
02
Contract Negotiation
Contract Negotiation
Contract Negotiation
Set-up your own business policies and required watch points in a digital checklist. Tiro reviews contracts against the checklist, summarises the key clauses and highlights red flags and inconsistencies with your policies. Tiro provides everything you need to redline the contract, produce an issues list or list of requested changes or generate a risk report. Features include playbook guidance, clause libraries and fall back wording, automated precedent search, reporting and data curation. All customisable to your policies
03
Business Self-Service
Business Self-Service
Business Self-Service
Set-up a business friendly playbook and give your business teams the tools to finalise routine contracts without involving contract specialists.
04
Risk Scoring, Reporting and Approval
Risk Scoring, Reporting and Approval
Risk Scoring, Reporting and Approval
Contract risks presented in a report, on a dashboard or as structured data in another platform. Contracts can be scored and improvement tracked throughout the negotiation. Contract summaries and risk data extracted at the contract approval stage.
Check out our risk analysis in action in the video below.
05
Automated Metadata Extraction
Automated Metadata Extraction
Automated Metadata Extraction
Automated extraction of contract metadata and risk data upon signing of the contract. Can be pushed as structured data into a CLM or contract repository.
Click the screenshot below to enlarge.
06
Post-sign Management
Post-sign Management
Post-sign Management
Executed contract analytics - Q&A on your executed contracts. Intelligent search. Analyse key risks and terms.
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Learn more about what we do...
Whitepapers
Tidbits of value for you and your team. Read our blog and sign up to our mailing list for updates.
Initial views on Recent Developments at OpenAI
OpenAi’s recent Developer Day and the launch of GPT-4 Turbo, the new Assistants API and the ability to create custom versions of ChatGPT for specific purposes (GPTs) presents the contracting industry with both a massive opportunity and a potential bombshell.
Automated Contract intake and triage
Automating your contract intake and triage might be the most valuable legal operations change you make in the next year. Here's why:
How Fast Growing Digital Businesses can Harness the Power of AI Contract Review
Unlock the Power of AI Contract Review for Fast-Growing Digital Businesses and Streamline Your Contracting Process with Efficiency and Precision
Who is Lexical Labs?
Our Story
Contracts are the fountain through which all the relationships and business of an enterprise flow.
Our team has decades of combined experience in the legal industry and a world-class engineering team.
Lexical Labs's mission is to make contracts accessible to everyone.
Still curious? Learn more about Tiro’s extensive offering.
Learn more about Tiro’s features, or book a demo so we can show you it in action!
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