Machine learning using artificial intelligence “AI”
Conversion of unstructured data to structured creates a single, ‘golden source’ data set
Technology | Process enabled Due Diligence
l Automatically organize the contents of the VDR – Map the files in the Seller’s VDR to the Buyer’s due diligence checklist using Artificial Intelligence technology
l Centralize findings and Q&A – Manage all diligence findings and questions submitted by subject matter experts (“SMEs”, the internal/external deal team)
l Improve visibility and insight into due diligence progress – Leverage task assignment and real-time dashboards to know where you are in the process
l Deal team members can surface red flags and questions in real-time by submitting them through the platform
l Seamless integration with the Q&A module in the Seller's data room
l SMEs have a consolidated view of assigned tasks, outstanding questions, and relevant files
WHY ARTIFICIAL INTELLIGENCE (“AI”)?
Why machine learning?
Platform is built on advanced state-of-the-art machine learning technology and delivers accurate results even on new and unknown agreements. Alternative technologies include “rules-based” A.I.s, and comparison-based approaches (some of which leverage a very different form of “machine learning”), both of which have been around for several decades. These legacy approaches require a human to predict the variability of the documents and write guidelines that help the machine identify particular clauses. They can work reasonably well if you are reviewing highly similar documents or for simple provisions (e.g., provisions like governing law). However, these older technologies have proven incapable of delivering consistent results over a highly varied set of documents, and seldom come anywhere close to the precision and recall standards set by machine learning algorithms.
FASTER AND MORE ACCURATE DUE DILIGENCE
Diligence Engine automates the extraction and analysis of key provisions from across documents.
Our team helps with setup and management for optimal results all the time.
AUTOMATICALLY FINDS THE PROVISIONS THAT MATTER IN M&A—ESPECIALLY IN UNFAMILIAR CONTRACTS
Select which provisions you would like to find, such as change of control and assignment, and will highlight them for your review. The built-in models are thoroughly tested for accuracy on unfamiliar agreements.
SOLUTION
DUE DILIGENCE FOR MERGERS, ACQUISITIONS AND DIVESTITURES
Complete contract review work faster while mitigating risk of errors and unexpected liabilities. Users consistently report time savings of 20–40% the first time using the software, and up to 90% or more with experience. Automatically highlighting and extracting relevant contract language from contracts in virtually any file format. Trusted on hundreds of billions of dollars of transactions, both small and large.
Faster and more accurate due diligence
Trusted on hundreds of billions of dollars of transactions. We automate the extraction and analysis of key provisions from across your documents.
Automatically finds the provisions that matter in M&A—especially in unfamiliar contracts
Select which provisions you would like to find, such as change of control and assignment, and it will be highlighted for your review. The built-in models are thoroughly tested for accuracy on unfamiliar agreements.
Keep your team organized
Whether you’re reviewing by yourself, or managing dozens of others, we make it easy. Assign documents to reviewers, keep track of which documents or provisions have been reviewed, escalate problems, and much more.
Analyze your results
You can tag entire documents or only selected provisions, and this makes it possible to analyze almost any data point. Create and export custom summary charts and summaries, adding or removing provisions as needed.
Export reports
Create and export custom summary charts and summaries for almost any data point, so you can share results with colleagues and clients
Search and Review
On-screen editing and workflow tools make it easy to refine results. Collaborate in real-time, and watch your colleagues’ changes appear right before your eyes.