Release Notes

New updates and improvements to SpotDraft

All Announcements

VerifAI update - party selection for tailored results

VerifAI
Q3 24

 Product Area: VerifAI

 Impact of Change: Reliability, Accuracy

 Roles Impacted:All users of VerifAI

Details

In contracts, the name of the party and how they will be referred to is defined at the top (preamble). And in all subsequent sections, the parties are referred to by these references and roles. Playbooks could also have any of these references or party name.

VerifAI used to be agnostic of this and didn't know who is reviewing the contract. So the responses were sometimes unfavourable or just wrong.

Now, users will be able to select their party and get suggestions which are favourable for them.

This party information has improved overall accuracy by ~5% in our evaluation dataset.

How to Enable:This is available to all VerifAI users.

Relevant Resources: No resources at this time

Like