Latch is an AI-powered contracting assistant that helps businesses save time, effort, and cost in negotiating contracts. It assists with tasks such as generating redline suggestions, determining if clauses are market standard, modifying clauses, and more. Latch is powered by GPT-4, a large language model created by OpenAI.
Here are some of the key features of Latch
Automated redlining Latch can automatically generate redline suggestions for contracts, based on your preferences and the market standard. This can save you hours of time and effort.
Clause analysis Latch can analyze the clauses in your contracts and identify potential risks and areas for improvement. This can help you to negotiate better terms and avoid costly mistakes.
Clause modification Latch can help you to modify the clauses in your contracts to meet your specific needs. This can be a valuable tool for businesses that are constantly changing and growing.
Reporting Latch can generate reports on your contract activity, so you can track your progress and identify areas for improvement.
Latch is a powerful tool that can help businesses of all sizes improve their contracting processes. It is easy to use and can be customized to meet the specific needs of each organization.
Here are some of the key benefits of using Latch
Save time and money Latch can automate the time-consuming process of contract negotiation, freeing up your team to focus on other tasks.
Improve accuracy Latch's AI-powered technology can identify potential problems in contracts that would be missed by human negotiators.
Get insights Latch can provide insights into your contract portfolio, helping you to identify areas where you can improve your negotiation strategy.
Increase efficiency Latch can help you to streamline your contracting processes, making it easier to close deals and get contracts signed.
If you are looking for an AI-powered contracting assistant that can help you save time, money, and improve your contracting processes, then Latch is the right solution for you
