Quick Summary

Enterprise contract intelligence vs accessible contract review

Vern You are here

AI contract review for all businesses. Upload a contract, get a clause-by-clause risk report with traffic-light ratings, enforceability scores, and custom playbooks. Web app, Word add-in, email-in. Free tier available, Pro at £249/month for 10 users. Self-serve signup, start in 2 minutes. SOC 2 Type 2. 100% UK/EU data residency.

Ivo

Enterprise AI contract intelligence platform with three products: Ivo Review (Word add-in with auto-redlines), Ivo Intelligence (AI contract repository), and Ivo Assistant (cross-contract Q&A). Built exclusively for Fortune 500 in-house legal teams. Customers include Uber, Canva, IBM, Atlassian, Pinterest, Reddit, and Shopify. $55M Series B. SOC 2, ISO 27001.

The Real Question

Are you a Fortune 500 legal team?

If yes — genuinely look at Ivo. They built their platform for exactly your world: thousands of contracts, portfolio-level intelligence, cross-contract Q&A, dedicated CSM support. They're backed by $55M in funding and trusted by Uber, IBM, and Atlassian. That's a serious product for serious enterprise needs.

If no — and that's most businesses — you're Vern's customer. You don't need a 30-day implementation, an enterprise sales cycle, or custom pricing that requires a phone call. You need to upload a contract and get a risk report. That's what Vern does.

Vern

2 min
to your first risk report
Self-serve. No demo. No sales call.

Ivo

30 days
typical implementation
Enterprise sales + CSM onboarding
Feature Comparison

How they stack up

Feature Vern Ivo
Primary function AI contract review Enterprise contract intelligence suite
Target audience All businesses Fortune 500 in-house legal teams
AI contract review Ivo Review
Auto-redlines
Portfolio intelligence Ivo Intelligence
Cross-contract Q&A Ivo Assistant
Traffic-light risk ratings
Enforceability scoring Vern Score
Custom playbooks
CUAD benchmark accuracy Not disclosed 97%
Web app Word-only
Word add-in
Email-in submission Forward & forget
Google Docs support
Self-serve signup Enterprise sales only
Free tier 1 contract/month
Transparent pricing Free + £249/month Not public
Time to first review 2 minutes Weeks/months (implementation)
UK/EU data residency 100% guaranteed Not disclosed
SOC 2 Type 2
ISO 27001
GDPR / CCPA compliant
Notable customers SMBs and mid-market Uber, IBM, Canva, Atlassian, Pinterest, Reddit, Shopify
Key Differences

Four things that separate them

Fortune 500 vs everyone else

Ivo is purpose-built for enterprise in-house legal teams at companies like Uber and IBM. If you're not in that tier, you're not their customer. Vern is built for any business that signs contracts — from a 5-person startup to a 500-person mid-market company.

Weeks to deploy vs 2 minutes

Ivo requires enterprise sales, a dedicated CSM, and an implementation project that can take weeks. Vern is self-serve: sign up, upload a contract, get your risk report. No demo required, no onboarding call, no waiting.

Enterprise pricing vs transparent pricing

Ivo doesn't publish pricing — you need to go through sales to find out what it costs. Vern publishes everything: free tier for 1 contract/month, £249/month Pro for 10 users. That's £24.90 per user. No surprises, no negotiations.

Word-only vs web + Word + email

Ivo works exclusively as a Word add-in. No web app, no Google Docs, no email submission. Vern gives you three ways in: upload via the web app, review inside Word with the add-in, or forward a contract by email and get a report back automatically.

Honest Assessment

Where Ivo wins

Portfolio intelligence at scale

Ivo Intelligence lets enterprise legal teams search and analyse thousands of contracts across their entire portfolio. If you need to answer "how many of our supplier contracts have this liability cap?" across 10,000 agreements, that's Ivo's territory. Vern reviews contracts individually — it's not a contract repository.

Cross-contract Q&A

Ivo Assistant lets legal teams ask questions across their entire contract portfolio in natural language. That's a powerful capability for in-house counsel managing hundreds of relationships. Vern's Ask Vern feature works per contract, not across your whole library.

97% CUAD benchmark accuracy

Ivo publishes a 97% accuracy score on the CUAD benchmark and claims 75% reduction in review times for enterprise clients. When you're processing contracts at Fortune 500 scale, those numbers matter. Ivo has the receipts for enterprise-grade accuracy.

Enterprise-grade certifications

Ivo holds both SOC 2 and ISO 27001 certifications, plus GDPR and CCPA compliance. For enterprise procurement teams that require ISO 27001 as a baseline, Ivo ticks that box. Vern holds SOC 2 Type 2 and GDPR compliance but not ISO 27001.

The Bottom Line

Which one is right for you?

Choose Vern if

  • You're not a Fortune 500 company (and don't need to be)
  • You want to start reviewing contracts today, not in 30 days
  • You need transparent, published pricing with no sales calls
  • You want a web app, Word add-in, and email-in — not Word-only
  • Your team needs self-serve access without implementation support
  • You want enforceability scoring alongside risk flagging
  • You need 100% UK/EU data residency

Choose Ivo if

  • You're a Fortune 500 or large enterprise in-house legal team
  • You need portfolio-level intelligence across thousands of contracts
  • You want cross-contract Q&A and auto-redlines
  • You have budget for enterprise legal AI already approved
  • You need ISO 27001 certification
  • You want a dedicated CSM and structured onboarding
  • Your workflow is entirely Word-based
Pricing

The cost question

Vern

Free

1 contract/month, forever

£249 /month

Pro: 25 contracts, 10 users

£24.90 per user/month

  • No credit card needed for free tier
  • Cancel anytime
  • Pricing published on the website

Ivo

Not publicly available

Enterprise sales process required

Custom contracts for Fortune 500 clients

No free tier, no self-serve

$55M Series B suggests premium enterprise pricing

You don't need a Fortune 500 budget
to review contracts like one.

Start free. Upload a real contract. Get your risk report in minutes — not months.

Start Free View Pricing