We help sales teams close more deals by accelerating their contract review process with our AI agents. Outlit can identify risk, negotiate prices, and check compliance so sales teams can close deals without waiting on legal.
Hey Product Hunt Community! π
Iβm Josh Earle, CEO of Outlit, and Iβm thrilled to finally share what my team and I have been working on over the past few months.
Iβm proud to introduce Outlitβan AI-powered platform designed to simplify the review and revision of agreements for non-legal professionals.
If youβve ever felt overwhelmed by the responsibility of managing and reviewing contracts without a legal background, our solution is here to ease the burden and streamline the process.
Our Mission:
Our goal at Outlit is to bridge the gap between non-legal professionals and legal agreements. Weβre starting this mission with sales teams!
Why Sales?
Sales teams need to close deals quickly, but delays can happen when legal teams are overloaded with work. This can slow things down and sometimes lead to missed deals.
How Outlit Helps:
Outlit uses AI to review, revise, and approve your sales agreements in minutes, letting your legal team focus on other important tasks. β
Key Features:
β‘ Fast AI Reviews: Get contracts reviewed in minutes with our AI agents.
π Smart Search: Find any term, price, or clause quickly across all your contracts.
π Playbooks: Create guidelines to ensure contracts are reviewed the way you want.
π Contract Management: Keep all your contracts organized in one place.
Try it for Free! π - https://outlit.ai/
As a thank you to the Product Hunt community, use the code PH75 for a 75% discount on your first three months during our launch period.
Please share all your thoughts and suggestions with us! Weβre always looking to learn and grow.
If youβd like to chat personally, reach out on LinkedIn and even join our slack to follow along the journey!
Thanks for your support! π
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@jearle Outlit is a fantastic tool, Josh! Your focus on speeding up contract reviews for sales teams is spot on. The AI-driven risk identification and negotiation features are impressive. Keep up the great work! ππ
@yura_turivny Thanks Yura, I appreciate the support!
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@jearle Outlit:
Outlit's use of AI to assist with sales agreement review and approval seems like a valuable tool for non-legal professionals. The ability to expedite contract review while freeing up legal teams' time for more complex tasks is an attractive proposition for sales teams.
Key Questions for Outlit:
- How does Outlit ensure the accuracy of AI-powered reviews, and can users understand the reasoning behind the AI's suggestions?
- Can Outlit integrate with popular CRM or e-signature platforms?
- How does Outlit address data security concerns and ensure compliance with relevant regulations?
Potential for Improvement:
- Expanding customization options for playbooks to cater to specific industry standards or company policies.
- Allowing collaboration between sales and legal teams on contract revisions directly within the platform.
Advanced Risk Assessment: Incorporating features to identify potential risks or clauses requiring legal expertise.
As a developer, I'm interested in the technical aspects of Outlit's AI engine and its integration potential. If relevant to my skills, I could contribute to:
- Developing methods to enhance the accuracy and explainability of AI-powered contract reviews.
- Creating integrations with popular CRM or e-signature platforms to streamline workflows.
- Contributing to robust data security practices and ensuring regulatory compliance.
Overall, Outlit offers a promising solution for streamlining sales contract review. Addressing AI explainability, integration features, and risk assessment could further strengthen its value proposition. If my skills align with your needs, I'd be happy to discuss how I can contribute to future development.
Been a happy user for almost a year! Tons of time saved on legal. Are you planning to offer drafting « from scratch » at some point? Would be cool to be able to generate new agreements from scratch using natural language and trained on the in house contracts drafted prior
Thank you for the support @basile_senesi1, it's been a pleasure working with you and the Arc team.
Currently, users are able to create contracts from scratch and review contract with guidelines based off previously approved contracts, but using those same approved contracts to draft new ones is a great idea.
Adding to the roadmap now...π
@jearle killer product and congrats on the launch! Curious if this works directly / integrates with any large scale CRM / ATS software?
Keep up the killer work.
@jearle that makes a ton of sense.. roadmap wise, are you planning on going the Zendesk, Adobe, Microsoft route or with smaller CRM providers that (even a google sheets integration) smaller SMBs might be using?
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this is really a great use of AI! although I'm wondering what you guys will launch as features in future? i didn't catch anything from roadmap page. plus, hats off for the design!
@mohsen_khani Thank you! Glad to hear you like the design!
One of the most exciting features we have planned are integrations with Salesforce and Docusign. These features will make it a lot easier for sales teams to onboard their existing contracts onto our platform as well as speeding up the approval and signing process.
Good catch on the roadmap page haha - huge thank you for that. We've updated that page with the features we have planned out!
Hey @kszhebrovskaya
Great question! Outlit is designed to handle different legal jurisdictions by leveraging customizable playbooks. These playbooks allow users to set up clauses and standards tailored to specific regions or legal requirements.
For instance, if you're dealing with companies in the EU, you can create a playbook that includes GDPR compliance and other relevant terms. The AI uses these playbooks to make sure each contract follows the specific legal requirements of the region you're working in. This flexibility allows you to easily manage contracts across different legal landscapes, ensuring compliance and accuracy!
@rohitjoshi Hey Rohit, I definitely agree! Super excited to see where the space is headed.
Thanks for your support as well!
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Congratulations π on the launch @jearle. I have seen a close relative spending long hours on reviewing contracts. This seems like the perfect tool for them. Definitely gonna recommend it to them. Again Cheers on the launch!! π₯³
Thanks @mihir_srivastava,
I feel like itβs a universal pain that we all have to deal with at some point! I appreciate the comment, and if your relative wants a personal demo with me, just reach out on LinkedIn, and we can set it up! Thanks again, and I appreciate the support!
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@jearle Sure thing! Will let them know and see if they are open to adopting Outlit.
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