Ivo

Ivo is an AI-powered contract review software that enhances the efficiency and accuracy of legal teams. It streamlines the process of negotiating agreements by leveraging advanced generative AI, significantly reducing the time, effort, and cost involved in contract review.

Key features:
- AI-Generated Redline and Comments: Automatically inserts accurate AI-generated redline and comments directly into Microsoft Word documents, customized based on the company's unique legal language and guidelines.
- Ivo Checklist: Reviews agreements against custom requirements, generates intelligent redline suggestions, and creates dynamic, customizable issues lists to surface open risks and streamline internal stakeholder management.
- Document Support: Integrates seamlessly as an add-in within Microsoft Word, with additional support for Google Docs and PDF documents.
- Issue Identification: Generates issues lists, creates summaries, and spots unused defined terms within agreements.
- Efficiency Gains: Saves an average of 45 minutes per contract review, translating into a 75% overall efficiency gain.
- Security: Ensures contract safety and security with industry-recognized certifications such as SOC 2 Type I and II, GDPR, and CCPA.

How it works:
1. Install the Ivo add-in into Microsoft Word environment.
2. Use the Ivo Checklist to review agreements against specific requirements and insert AI-generated redline and comments directly into the document.
3. Generate dynamic issues lists to identify and manage open risks, summarize agreements, and spot unused defined terms.
4. Customize reviews by adapting the AI to the company's unique legal language and guidelines.

Integrations:
Microsoft Word, Google Docs, PDF Documents

Use of AI:
Ivo utilizes generative AI to generate intelligent redline suggestions, create dynamic issues lists, and customize contract reviews based on specific legal language and guidelines.

AI foundation model:
The specific AI foundation model or LLM (Large Language Model) details are not provided, but the focus is on delivering accurate and efficient contract review capabilities.

Target users:
- Legal teams seeking to improve contract review efficiency and accuracy
- Corporate counsel needing customized and secure contract review solutions
- Enterprises looking to streamline their legal operations workflows

How to access:
Ivo is available as a Microsoft Word add-in for direct integration into the Word environment, as a web app for broader accessibility and functionality, and as an API for integration into other software systems.