AIMACTEK is leading the technology revolution and has developed an industry leading Machine Learning AI platform for the legal landscape. The product is as a result of 20 years of frustration of the founder and an inability to complete review, risk analysis and markup tasks in an efficient manner.
Three functionalities built into the platform to give your organization (uniquely in the marketplace) true end to end experience in one product at an unheard of price point making the digitization of your department affordable and convenient. The platform is licensed on a month to month basis with no long term commitment.
The Platform Allows For :
Search, Review and Analysis of Your Existing ContractsEasy and effective search, review and analysis of your existing contracts for due diligence, trend analysis, compliance and value creation purposes. Reducing the time required to undertake the task by over 90%. The results are achieved within a few seconds, highlighted and sorted out by contract name and name of the parties to ensure easy digestion. The results are easily exportable by a simple click of a button to ensure sharing with stakeholders is painless and instantaneous. No longer is analysis of your existing contracts a painstaking team and time task.
Risk AnalysisPerform a risk analysis (either for individual provisions or the complete document) of your existing contracts through our algorithm driven tool. The risk analysis tool is completely customizable to ensure it is consistent with your organization’s risk appetite. The risk analysis takes a fraction of a second and the results can then be exported in a manner of choosing (including as an analytical dashboard) for easy digestion. Understand your existing contracts, areas which require additional resources and special attention, negotiation parameters not being achieved and your risk profile of your contracts with our easy to use tool.
Automate MarkupsMarkup of any new contracts requiring review. The platform will read and review a 140 page MSA within 5 seconds and highlight provisions which are :
- acceptable but need a final review,
- unacceptable or
- missing and therefore should be added to the document.
For any provision which requires review the user is able to see them in a window with contract language on the left and your preferred language on the right.From their the contract language can be replaced, redlined or customized inaccordance with the user’s wishes. Any changes can be saved and exportedas a track changed word document.The user no longer has to even scrollthrough the contract and on average in our tests a 140 page MSA takes less than 2 hours to completely review and redline, a NDA takes less than sevenminute thereby reducing redline time by over 85%.