We are here to help you.
Browse through most frequently asked questions.
SpotDraft is a tool for small businesses and freelancers to help them manage their businesses better. SpotDraft helps you (a) create simple customized contracts; (b) generate automated invoices and reminders; and (c) receive payments.
SpotDraft is ideal for small businesses and freelancers for their everyday business deals.
Our contracts are thoroughly researched by lawyers to make sure they are enforceable. Laws differ between countries and even between individual states in India. Contact us to let us know if you want us to be made available in your country.
Internet is filled with “free contracts”- some are good, some are terrible. The biggest problem that most people face is finding the right agreement at the right time, which requires understanding the law and its implications. You are not a lawyer, you don’t understand the technical implications of law, and you don’t have to learn it in order to find the right agreement.
SpotDraft's agreements are binding. They have been well researched and drafted by experienced lawyers to contain all the elements required for enforceability, while still being simple enough to meet your business needs.
SpotDraft stores all of your information safely in the cloud. We use bank level security to keep it safe. We will never share your information with anyone other than the other party you specify.
SpotDraft is currently free to use for everyone in the Beta phase.
After you sign your contract, click on “Send Contract” to send it to your client.
We are working on the feature to allow sending and receiving of payments and this will made available to you shortly.
Yes invoices are customizable for both design and content. You can upload your logo and change any rates, taxes and offer discounts.
Yes! You can sign the contracts online and send it to the other party online too!
You can contact us on Team@SpotDraft.com.
a: Entities are individual words or a combination of words which signify information such as party names, addresses, execution/effective/termination dates, the purpose of the agreement, governing law or jurisdiction, to name a few.
b: A clause can be a sentence or a combination of sentences or multiple paragraphs. Most clauses in legal documents are distinguished by the use of headings. For instance, ‘Limitation of Liability’, ‘Indemnity’, etc.
Yes! The platform gives great flexibility to its users. You can highlight samples of the new clause that is to be detected, using the annotation mode. These samples after review go in to the AI Fields, from where you can choose to re-train the models, post which the new clause will start getting detected.
The AI models work best with varied and large data samples. However, the training can done with minimum 25 samples of a particular clause.
The RAG mode presents the analysis done by the AI in a user-friendly format. It highlights the ‘good, bad and ugly’ in the document. The clauses are highlighted in the following colours depending on your standards: ‘Non-Compliant’ in ‘Red’, ‘Partially Compliant’ in ‘Amber’ and ‘Compliant’ in ‘Green’
We have a built-in Rulebook which can be customized to contain all your internal standards and the actions to be taken in respect of them.
The rules contained in the Rulebook determine how the clauses of the contracts will be classified i.e., as ‘Compliant’, ‘Partially Compliant’, or ‘Not-Compliant’.
Whenever a clause is flagged in a document, the concerned assignee to whom such clause has been assigned is notified. Upon receiving such notification, the assignee can take the desired action like replacing it with the standard clause to make it ‘Compliant’, rejecting it or accepting it post ‘Review’, etc.
Annotation mode is used for adding any new clauses that are to be identified in the uploaded documents.
Review mode is used by the reviewer to verify the validity of the extracted as well as created clauses. Only upon such review the verified clauses go into training.