Unparalleled contract data extraction
Extract relevant information and ensure regulatory compliance faster and more accurately with Kira.
Contract data migration
Improve the speed and accuracy of contract data extraction work. Kira automatically extracts the key data points from commercial contracts, leases, and other similar documents.
For example, Kira can be used to find information like contract auto-renewal dates which can then be used to populate Contract or Lease Management Systems, enabling workflow automation.
With Kira Quick Study, the system can learn to find virtually any contract information that is relevant to your business.See how Kira works for contract extraction and analysis
Regulatory reporting and compliance
Corporations have enormous needs for ensuring compliance globally with requirements ranging from anti-bribery to privacy policies to data security. Kira can help to identify areas at risk of noncompliance and avoid costly penalties in areas like FCPA, export control, HIPAA or EU data privacy. Kira can also help extract information for regulatory recordkeeping and reporting as required by Dodd Frank (QFCs), Basel III, Solvency II, among others.
Kira includes built-in provision models that can identify clauses across large volumes of contracts. Using Kira Quick Study, you can extend Kira’s capabilities for your company's specific needs, and as new regulatory requirements arise over time. Once these models are created, the process of document review—even across extremely large pools of contracts—can be partially automated, saving time for the future.
Kira can help to ensure that company policies and controls relating to contracts and invoices are being implemented across the business as intended. Use Kira’s comparison tool to identify areas of change in standard contracts, and automatically identify non-standard contract language. Kira speeds up audit review so that more information can be covered in less time. Kira can also be used to review non-contract documents, including purchase orders, statements of work and meeting minutes.
Due diligence for mergers, acquisitions and divestitures
Kira helps 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. Kira does this by automatically highlighting and extracting relevant contract language from contracts in virtually any file format. To date, Kira has been trusted on hundreds of billions of dollars of transactions, both small and large. See how Kira works for due diligence.
Need review help? Kira can partner with professional services firms to help you get started or handle large unexpected projects—for a fraction of the cost of manual review. Read about our partners.
Case Study: Chemtrade uses Kira in US$900M acquisition
Post-merger integration / separation
Kira assists in identifying the contractual obligations of businesses as part of post-merger integration or separation activities. Ensure that the newly formed organisations continue to uphold their commitments to new customers, or that valuable resources are not expended servicing obligations that are no longer relevant.