lease abstraction software

Gain valuable insights from fast lease abstraction

By using lease abstraction software with powerful AI, you can transform the way you extract important data from leases.  Not only will it take minutes rather than hours, but you will eliminate manual errors and empower your teams to make quick strategic decisions.

Why waste the time of your skilled staff manually chasing data? Instead focus on the opportunities and insights you will gain from the comprehensive and accurate data that comes from fast lease abstraction.

Features

Efficient lease abstraction

Using a proprietary Optical Character Recognition (OCR) engine, documents are reviewed and converted to machine-readable text and stored in a centralised repository.

Contract analytics

Access and analyse data in index, map, table, or create dashboards and reports to derive tailored insights for the unique needs of your team.  

Complete audit trail

Each extracted data point is linked to source information, providing a full audit trail that paper-based processes and spreadsheets simply can’t offer. 

Data quality & integration

Integrate directly with MRI Commercial Management, ProLease, and Horizon, ensuring data integrity and accuracy with one source of truth across your entire portfolio.

Lease Abstraction software

Advantages

  • Go beyond data extraction with contract analytics capabilities to learn more from your data.

  • Ensure data accuracy and reliability to stay compliant with lease accounting standards such as IFRS 16 and ASC 842.

  • Eliminate error-prone manual aggregation, reduce accounting mistakes and help identify data discrepancies.

  • Empower your skilled staff to gain meaningful insights from data instead of spending time searching for information.

  • Make strategic decisions about portfolio performance and manage tenant leases effectively with easy access to data.

  • Optimise your portfolio and reduce risk by making decisions based on reliable information.

  • Identify opportunities for cost savings and increased earnings that would otherwise go unnoticed.

  • A complete audit trail enables full access to extracted data in source documents with one click, even from a spreadsheet.

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