MAIGON PRODUCT SUPPLY AGREEMENT
MAIGON PRODUCT SUPPLY AGREEMENT
A better way to review product supply agreements.
A better way to review product supply agreements.
Manual contract review is obsolete. AI review is the new normal.
Manual contract review is obsolete. AI review is the new normal.
We announce platform-wide integration of OpenAI's GPT-4.
Released by OpenAI on March 14, 2023, GPT-4 is the most powerful and sophisticated language model to date, surpassing its predecessor, ChatGPT, in terms of performance across numerous tasks. GPT-4 will work synergistically with Maigon's proprietary AI models to provide an unmatched compliance review experience for clients.
Read more.Try it!
Simply upload your product supply agreement, and let our AI take care of the compliance review for you.
Upload for reviewWhy you should use AI for contract review
Why you should use AI for contract review
Manual review is tedious and time-consuming
Product supply agreements can be challenging to review due to their complex structure and the numerous business and legal aspects integrated within them. Reviewing a product supply agreement manually involves carefully examining the entire document to ensure that it covers all necessary details related to product delivery, which can be a complex and time-consuming process. Moreover, these agreements often reference Incoterms, which require a thorough understanding of their implications for product transportation and delivery.
Streamline and scale contract review with AI
Maigon Product Supply Agreement is an AI tool that streamlines the product supply agreement review process. It makes use of advanced natural language processing (NLP) and deep learning technology to automatically analyze product supply agreements and identify potential issues. With Maigon Product Supply Agreement, users can upload their agreement and receive a comprehensive report within minutes, highlighting any missing details, problematic clauses or areas of concern related to product supply and delivery.
Maigon Product Supply Agreement's user-friendly interface enables users to review the report summary or delve deeper into specific sections of the agreement to make informed decisions and finalize the document. Maigon Product Supply Agreement ensures accuracy and consistency, reducing the risk of human error and discrepancies in the review process related to product supply and delivery terms.
How it works
How it works
Our solutions integrate advanced deep learning technology to conduct a comprehensive review of product supply agreements. The review process is conducted in several steps, including an initial analysis to identify potential issues, a detailed examination of key clauses and provisions, and a final review to ensure accuracy and consistency.
Enhanced with GPT-4 and ChatGPT
At Maigon, we continuously strive to harness cutting-edge technology in delivering the most precise compliance review services. The introduction of ChatGPT, based on the GPT-3.5 model developed by OpenAI, marked a significant leap forward in AI capabilities - akin to the 'iPhone moment' for the field.
By integrating ChatGPT and other GPT-3 variants such as text-davinci-003 via the OpenAI API, we have refined certain aspects of our compliance review process. On March 14, 2023, OpenAI unveiled the even more advanced GPT-4 model, surpassing ChatGPT in terms of performance across most tasks. Maigon promptly integrated GPT-4 on March 20, 2023, to further enhance our compliance review capabilities.
While these models offer remarkable power, the bulk of our compliance review is conducted by our proprietary AI models. By training these models on our own meticulously hand-labeled data, they consistently outperform GPT models in most contract type-specific tasks.
Our approach blends the "best of both worlds" - incorporating GPT models for specific insights, while primarily relying on our in-house AI models for the majority of the compliance review process. This fusion of advanced AI technology enables us to deliver a comprehensive compliance review service, maintaining the highest standards of accuracy and performance for our clients.
Try it!
Simply upload your product supply agreement, and let our AI take care of the compliance review for you.
Upload for reviewRequest a demo
Get a comprehensive preview of Maigon Product Supply Agreement and guidance on how it can streamline your contract review workflows.
Frequently asked questions
How do I get started?
Getting started is easy! Our solutions are available out-of-the-box. If you are looking for a one-time contract review, simply upload your contract and receive a comprehensive compliance report in just a few clicks. If you have larger volumes of contracts, contact us to create a corporate account and start using our AI review modules right away, streamlining your contract review process with ease.
Can I use Maigon without Playbook?
Yes! Our standard solution is available for use right away, even without Playbook. While Playbook allows for more customization of contract review, adjusted to your specific review guidelines, the standard solution is designed to check for the most important compliance aspects and adherence to best practices. Whether you choose to use Playbook or the standard solution, Maigon provides you with valuable insights every time.
Will you use my data for training?
No, we won't use your data for any other purpose than the intended contract review. We do not use your contract data for AI training or any other service improvements, unless you need us to look into your contract for troubleshooting. You can trust that your data is kept confidential and secure with us.
Is API available?
Yes! We offer an API that can be used by contract platform vendors and companies with internal contract review tools. Our API is tailored to specific contract types and is designed to be both simple to use and comprehensive, providing advanced AI insights into submitted agreements for compliance. To get started with our API, please contact our team.