MITIGATE CONTRACTUAL RISKS
with AI and Machine Learning Techniques
With the evolving COVID-19 situation, business contracts will need to be re-structured, resulting in multiple amendments and contract rescheduling. Make sure your bank can:
NIA CONTRACTS ANALYSIS
Enterprise-grade AI offering with advanced Machine Learning techniques for rapid, contactless and accurate review and analysis of contracts
Better data management
Search and retrieve information with ease, to support harmonization
Superior compliance
Link various document sources to accelerate compliance verification
Manage risks better
Timely and accurate revenue leakage recognition and mitigation
Saved Time
Reduced contract management effort on an ongoing basis
DIGITIZE AND IDENTIFY ALL FORCE MAJEURE CLAUSES
Can extract 12500 contracts per hour
Up to 98% accuracy in risk clause extraction
Up to 90% cost savings
Access to 500+ legal AI industry experts
EXPLORE KEY FEATURES OF NIA CONTRACTS ANALYSIS
Legal
Ensure that important contracts get the appropriate legal review, while automatically clearing clauses that have standard language.
Regulatory Compliance
Take control of your contractual landscape by responding to a rapidly changing regulatory environment (GAAP, BREXIT, GDPR, IFRS).
Finance
Prevent revenue leakage and never miss an opportunity to gain revenue through discounts and refunds from clauses buried in your contracts.
Contract Intelligence
Identify risks and deviations from standard positions during contract negotiation.
Lease Abstraction
Locate specific, key information from a lengthy lease document and isolate it for users to monitor, review and update easily. Export abstracts to already existing CLMs or Lease Management Systems.
Third Party Contracts
Third party contracts are difficult to manage because they are written on third party templates. Extract and process of large volumes of third party contracts and identify and understand third party terms.
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