Ivo Review - Features, Pricing & Deals

Ivo is an AI-powered contract review platform that helps legal teams analyze and improve their agreements more efficiently. The tool integrates with common document formats like Microsoft Word, Google Docs, and PDFs to streamline the contract management process.

Legal teams can use Ivo to automatically check if contracts meet their company's requirements and suggest specific changes directly in the document. The platform adapts to each organization's unique legal language and guidelines, ensuring consistency across all contracts while maintaining their established standards.

Through features like automated redlining, issue identification, and customizable clause libraries, Ivo helps teams spend less time on contract review tasks. Users can generate summary reports, track changes, and get quick answers about document content through the platform's natural language interface.

The software is built for enterprise use and requires scheduling a demo through their website to get started. While pricing isn't publicly available, Ivo offers various subscription options based on specific business needs.

• AI-Powered Contract Review: Automates legal document analysis, saving up to 45 minutes per contract and providing a 75% efficiency boost for legal teams.
• Customized Redlining: Generates precise changes directly in Microsoft Word and Google Docs, adapting to your company's unique legal language and guidelines.
• Intelligent Issues Tracking: Creates dynamic issues lists with one click, helping teams surface and manage contract risks quickly and effectively.
• Multi-Document Compatibility: Works seamlessly with Microsoft Word, Google Docs, and PDF files, offering versatile contract review capabilities.
• AI-Generated Commentary: Automatically produces comment bubbles that explain redline changes, facilitating smoother negotiation processes.
• Clause Library Customization: Allows teams to build personalized clause libraries and playbooks for consistent contract language across the organization.
• Advanced Summarization Tools: Generates comprehensive contract summaries, highlighting key business terms, risks, and changes with remarkable precision.

• Contact Ivo directly through their website or sales team to obtain specific pricing details, as exact pricing is not publicly listed.
• Pricing is tailored to enterprise needs, requiring a personalized demo and quote based on company requirements.
• No standard pricing tiers or free version are explicitly mentioned in the available documentation.
• Potential pricing will likely depend on factors such as team size, contract volume, and specific customization needs.

Ivo AI produces remarkably human-like results that mirror the work of experienced attorneys. Users report that Ivo maintains consistent terminology and makes only necessary changes, just as a skilled lawyer would. While no AI is perfect, clients like Quora and Geotab have seen significant improvements in their contract review processes. Ivo isn't meant to replace lawyers but rather to handle routine reviews so legal teams can focus on more complex work. Most users find it works best when paired with final human oversight for critical agreements.

Companies using Ivo report substantial time savings. For example, Quora cut their NDA approval time from four days to just two days. Geotab users save about 45 minutes per contract review on average, which translates to a 75% efficiency gain. Your exact time savings will depend on your current process and the complexity of your contracts, but most clients see results within the first few weeks of implementation.

Ivo takes security seriously and has industry-recognized certifications for data protection. Your contracts contain sensitive information, so Ivo has built their system with enterprise-level security from the ground up. They don't share specific contract data between customers, and each company's implementation is customized to their needs. For more detailed information about their security protocols and compliance standards, you can request their security documentation directly.

Yes, Ivo is designed to adapt to different industries and contract types. The system can be customized to your company's specific legal language, guidelines, and playbooks. This customization ensures that reviews align with your industry requirements and company standards. Ivo works with a wide range of agreements including NDAs, service agreements, partnership agreements, and more complex contracts. If you have highly specialized needs, Ivo's team can help determine if their solution is the right fit.

Most legal teams find Ivo relatively easy to adopt because it integrates with familiar tools like Microsoft Word and Google Docs. The initial setup includes customizing the system to your specific requirements and playbooks, which typically takes a few weeks. After that, users generally become comfortable with the system within days, not months. Ivo provides training and support during implementation to ensure your team gets the most value from the tool. The interface is intuitive, with features like "Review," "Modify," and "Ask" that follow a natural workflow.