Business agreements contain critical information that can have positive and negative effects on a company. This automated extraction system helps to identify potential risk at the early stage by performing a red flag analysis (identifying critical items for you). After determining contract key terms and clauses for the extraction, watch contract algorithm do the work for you, supported by the final quality control. The contracts you upload as PDF or Word document into the tool, are converted (OCRed) and algorithms are applied to them. You can also set a deadline for your extraction. Within the time limit you will receive your extraction as a file that can be downloaded.
This service is useful for checking the standard risks of a contract
Extraction items:
- Effectiveness
- Term
- Renewal
- Termination per convencience
- Termination per material breach
- Ramp-Down Terms
- Governing Law
- Place of Jurisdiction
- Liabiltiy
- Indemnification
- Consequential Damages
- Liquidated Damages
- Intellectual Property Right
- Change of Control
- Legal Compliance
Note
The document must have a maximum length of 50 pages.
The service is rendered within 72 hours.
For longer documents or shorter times, a specific request must be made.
Partner description
Incodis® operates in the field of digitalization, digital transformation and legal platforms for B2B-business. Incodis® is develops and markets powerful software tools and expert platforms used world-wide and granting its customers quick and convenient access to high quality services. Incodis® cooperates with a world-wide network of highly qualified experts. In light of this technology, Lawforce® can provide information and data in a fast and economically convenient way supported by cutting edge software tools
Please, visit our website www.incodis.com