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BlackBoiler Automated Contract Markup Reviews & Product Details

BlackBoiler Automated Contract Markup Overview

What is BlackBoiler Automated Contract Markup?

BlackBoiler's patented, award-winning AI contract review software helps companies negotiate and review contracts in a fraction of time by leveraging powerful proprietary artificial intelligence and machine learning technology to automate the contract review and markup process. BlackBoiler saves companies time and money editing high-volume and repetitious contracts by instantaneously reviewing and redlining contracts right in "Track Changes," just like an attorney. Unlike competitors, BlackBoiler is not a rules-based system nor based on industry-standard language or a third party's determination of what is the "best" language or provision. Instead, BlackBoiler learns from how clients have marked-up past contracts to create client-specific editing models and provisions to make instantaneous company-specific revisions in track changes to previously unseen documents. By deploying the company's legal playbook during each new contract review, ensures consistency across the organization and prevents inadvertently missing essential provisions. The technology grows smarter and increases efficiency after every use, cutting review time by more than 70%.

BlackBoiler Automated Contract Markup Details
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Product Description

BlackBoiler is the first patented 100% AI-powered tool to markup contracts right in "Track Changes" according to your company's playbook. Powered by proprietary deep learning and natural language processing, BlackBoiler learns from a customer’s playbook or how each customer has marked-up past contracts to create client-specific editing models to make instantaneous company-specific revisions in track changes to previously unseen documents. By using a company’s playbook and their standards and terms, BlackBoiler standardizes the contract review process, no matter who and where it is being negotiated, and as a result reduces risk. Most importantly it grows smarter and increases efficiency with each additional use, cutting contract review time by more than 70%. Request a demo today!


Seller Details
Year Founded
2016
HQ Location
Arlington, US
LinkedIn® Page
www.linkedin.com
13 employees on LinkedIn®

Gabriela M.
GM
Overview Provided by:

Recent BlackBoiler Automated Contract Markup Reviews

HF
Huzaifa F.Mid-Market (51-1000 emp.)
4.5 out of 5
"Saves time in drafting!"
Useful templates, easy to select options to change terms, exhaustive options
Verified User
T
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"BlackBoiler Automated Contract markup : An AI tool for faster and correct contract review"
1) BlackBoiler Automated Contract Markup AI tool help us in speed up the contract review process and make it better. 2) With the help of this AI t...
CS
Chandra S.Small-Business (50 or fewer emp.)
4.5 out of 5
"Revolutionize Contract Review with BlackBoiler's Automated Markup Solution."
1. It’s interface is user friendly. It’s easy to navigate and access different features. 2. The tool uses advanced natural language processing alg...
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BlackBoiler Automated Contract Markup Media

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4 BlackBoiler Automated Contract Markup Reviews

4.0 out of 5
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G2 reviews are authentic and verified.
CS
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about BlackBoiler Automated Contract Markup?

1. It’s interface is user friendly. It’s easy to navigate and access different features.

2. The tool uses advanced natural language processing algorithms to analyze the text and highlight clauses that may need attention.

3. This tool allows users to create and manage their own markup rules and templates, tailoring the software to their specific needs.

4. Cuatomer support is excellent. Review collected by and hosted on G2.com.

What do you dislike about BlackBoiler Automated Contract Markup?

1.BlackBoiler excels at identifying problems, but it lacks in providing comprehensive suggestions.

2. Cost is high as compare to other softwares available, otherwise everyghing is great. Review collected by and hosted on G2.com.

What problems is BlackBoiler Automated Contract Markup solving and how is that benefiting you?

1. BlackBoiler automates the review process, significantly reducing the time and effort required to identify potential issues.

2. BlackBoiler's standardized markup rules help establish a consistent approach to contract interpretation.

3. BlackBoiler allows us to customize the markup rules and templates, tailoring the software to their specific industry needs Review collected by and hosted on G2.com.

Verified User in Consulting
TC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about BlackBoiler Automated Contract Markup?

1) BlackBoiler Automated Contract Markup AI tool help us in speed up the contract review process and make it better.

2) With the help of this AI tool a company or person can save their time in analyzing big contracts. Because the efficiency of this tool is too good we can rely on it. Review collected by and hosted on G2.com.

What do you dislike about BlackBoiler Automated Contract Markup?

1) This AI tool price is much expensive, not everyone can afford it so please attempt to reduce the price of the tool.

2) The service provider lacks a suitable advertising and instruction programme. Review collected by and hosted on G2.com.

What problems is BlackBoiler Automated Contract Markup solving and how is that benefiting you?

The AI tool was able to find many problems in a draught contract that i gave it. The redlines and ideas were so clear and to the point, and if i had been reading the contract by hand but through this AI tool, i could saved my lot of time. Review collected by and hosted on G2.com.

Alex S.
AS
Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about BlackBoiler Automated Contract Markup?

One of my favorite aspects of BlackBoiler is its ability to automate contract review processes and save time and resources for businesses. This can be especially useful for in-house legal teams who may be overwhelmed with the volume of contracts they need to review on a regular basis. By automating up to 70% of the work, BlackBoiler can free up internal resources and allow legal teams to focus on more complex tasks.

Another aspect of BlackBoiler that I appreciate is its customizable and user-friendly features. The ability to build a legal playbook directly in the tool and have the AI review and mark up contracts according to the playbook is a unique and powerful feature. It allows businesses to tailor the contract review process to their specific needs and preferences, and the fact that it can be quickly and easily implemented into a workflow is a major convenience. Overall, BlackBoiler is a valuable tool for businesses looking to streamline their contract review process and improve efficiency. Review collected by and hosted on G2.com.

What do you dislike about BlackBoiler Automated Contract Markup?

One potential limitation of BlackBoiler is the reliance on AI technology, which may not always be able to accurately review and mark up contracts in the same way as a human. It is important to ensure that the tool is properly trained and maintained in order to achieve the best results, and there may be situations where human review is still necessary. Additionally, the process of setting up a playbook and implementing BlackBoiler into a contract review workflow may require some time and effort, and there may be a learning curve for users who are unfamiliar with the tool. It is important to carefully consider these factors and assess whether the benefits of using BlackBoiler outweigh any potential challenges. Review collected by and hosted on G2.com.

What problems is BlackBoiler Automated Contract Markup solving and how is that benefiting you?

BlackBoiler is a software tool that is designed to help companies streamline and improve their contract review process. Some of the specific problems that BlackBoiler is attempting to solve include inefficiencies in the contract review process, the time and resources required to review large volumes of contracts, and the need for legal oversight.

There are several potential benefits to using BlackBoiler for a company. Some of these benefits include:

Automation of contract review: BlackBoiler's AI technology can automate as much as 70% of the work involved in contract review, which can save time and resources for businesses.

Increased efficiency: By streamlining the contract review process, BlackBoiler can help businesses to complete reviews more efficiently, leading to faster deal closure and improved bottom line.

Customization: BlackBoiler allows companies to create a legal playbook that guides the AI in how to review and mark up contracts, enabling businesses to tailor the tool to their specific needs and preferences.

Legal oversight: BlackBoiler provides legal oversight during the contract review process, ensuring that contracts are reviewed and marked up according to legal standards.

User-friendly: BlackBoiler is designed to be user-friendly and can be quickly and easily implemented into a contract review workflow. Review collected by and hosted on G2.com.

HF
Chief IP Counsel
Law Practice
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about BlackBoiler Automated Contract Markup?

Useful templates, easy to select options to change terms, exhaustive options Review collected by and hosted on G2.com.

What do you dislike about BlackBoiler Automated Contract Markup?

Website UI can be improved, it takes ages to load at times which defeats the point of automated markup Review collected by and hosted on G2.com.

What problems is BlackBoiler Automated Contract Markup solving and how is that benefiting you?

helps reduce dependency on legal for standard form contracts, ease of business Review collected by and hosted on G2.com.

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