What is Outlit?
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.
Problem
Sales teams often face delays in closing deals due to slow contract review processes, relying heavily on legal teams to identify risk, negotiate prices, and check compliance.
Solution
Outlit is an AI-based platform that accelerates the contract review process for sales teams. It can identify risks, negotiate prices, and ensure compliance autonomously, aiding in quicker deal closures without extensive legal holdups.
Customers
Sales teams in companies, particularly those in industries with frequent and complex contract negotiations like technology, real estate, and manufacturing.
Unique Features
Uses AI to autonomously handle contract risks, price negotiations, and compliance checks, significantly reducing the dependency on legal departments and expediting sales processes.
User Comments
Users appreciate the AI's efficiency in handling contracts.
Reduces wait times for legal reviews.
Empowers sales teams to close deals faster.
Improves compliance and risk management.
User-friendly interface and integration.
Traction
Featured on ProductHunt with positive user feedback, but specific metrics like MRR, user base size, or funding are not publicly disclosed.
Market Size
The global AI in legal services market was estimated at $1.3 billion in 2023, anticipating significant growth with the increasing adoption of AI for legal and contract-related processes.
