Kira for Contract Metadata Extraction
Kira empowers companies and their advisors to quickly and accurately populate contract metadata during the implementation of a new contract management system (CMS) or when migrating newly acquired contracts to a CMS.
Kira will also speed the population of your contract lifecycle management (CLM) solution.
Kira comes with the ability to identify hundreds of common data points and clauses in sales contracts, vendor agreements, commercial contracts, employment agreements, NDAs, leases, licenses and more. Using patented Quick Study technology, Kira can be easily customized to identify and extract virtually any contract information required to populate a CMS or CLM. It works even when the format and wording vary from document to document.
Bring Legacy and Third Party Contracts to Life
Whether companies are implementing a new CMS or CLM, migrating newly acquired contracts, or working to improve their legacy contract data that was not previously collected, they will have to review large repositories of contracts for key terms and data points. However, ensuring that the data is accurate, especially when there may be a high volume of legacy and third party contracts, can be a time consuming and expensive project for any company.
By adopting Kira Systems’ innovative solution for contract metadata extraction, companies and their advisors can complete a review project in half the time and increase the accuracy of their review. This means companies who may be concerned about the resources necessary to migrate their data to a CMS can also enjoy the benefits of digitizing their contract information.
Trained to find any information required
Kira Quick Study can be trained to find any information required to populate a CMS or CLM, including information specific to a company’s form documentation, a foreign jurisdiction, and industry specific agreements. Customers can also use any of Kira’s over 700 built-in provision models, including:
How does it work?
Kira processes contracts in dozens of formats and automatically converts them to machine readable text. It includes workflow tools for your team to validate the results prior to them being included in your system. For large projects, a network of Kira Certified Service Providers is available to help with customizing Kira and validating the data extracted.
Kira is the leader in machine learning contract data extraction
Kira has been used on thousands of concurrent projects, helping hundreds of organisations gain greater visibility into their contracts. Our users include many of the world’s leading professional service firms and companies, in over 40 countries. We are among the most used and trusted AI solutions for professionals anywhere. There’s a reason why.