With over 20 years of experience in the procurement industry, we understand the value of keeping track of your contracts with various vendors, and confirming that you’ve fulfilled all the terms of an agreement. We make it our mission to streamline and automate as much of this process as possible, showing your contracts in a database that you can access anytime.
We use formal logic to translate legal contracts into symbols that a computer can understand. This way, our software can reason about the content of each clause, such as showing how a contract can be simplified. By hooking this up to an accounting system, we can automate payments when a delivery takes place, ensuring all your duties are met, with minimal fuss.
We use natural language processing to encode a contract into logic as it’s written, offering suggestions and templates, and guiding you in specifying reparations if a clause is violated. The software will identify each party’s obligations and rights, confirm that each party’s interests are met by the contract, and prove that the contract has no contradictions.
Interested in learning more about digitally managing high volumes of contracts? Get in touch for a complete assessment today!