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Reviewing the Laws

Faster Document and Contract Processing:

Automate Your Company’s Legal Capabilities with BAAR

Challenge:

It is time-intensive for employees to search through legal documents and contracts for critical information.

  • Extracting information from physical documents is prone to human error unless they are converted into searchable PDFs.

  • Contract due diligence is a difficult standard to uphold, especially for companies that need to process a large number of contracts.

  • Lease abstraction is necessary for all lease agreements, but it is an inefficient process when conducted manually.

Solution:

AlliedMedia has the automation solution your company needs to give its Legal team a competitive advantage: BAAR.

  • BAAR (Business Automation, AI, and Robotics) is a virtual agent, our multi-pronged automation solution to a variety of corporate needs.

  • With BAAR, your company’s Legal team will be able to process documents, contracts, and leases, electronically. Your company will gain valuable legal protection from lawsuits and loopholes.

This page details how BAAR can optimize your company’s Legal department. Please refer to our other pages for more information on BAAR’s HR, IT, Finance, Supply Chain, and IGA (Identity, Governance, and Administration) capabilities.

Automate Document Extraction and Management

This page details how BAAR can optimize your company’s Legal department. Please refer to our other pages for more information on BAAR’s HR, IT, Finance, Supply Chain, and IGA (Identity, Governance, and Administration) capabilities.

AAR converts documents to searchable PDF form and organizes document storage:

  • Manages the intake of new documents:

    • Can accept documents from a scanner, email server, cloud database, etc.

  •  Converts and stores documents:

    • Converts documents into searchable PDFs with helpful tags

    • Stores documents in the appropriate folders on SharePoint or any other document repository

Automate and Speed Up Contract Due Diligence

Due diligence can refer to legal obligations or voluntary investigations prior to entering into an agreement or contract. It is essential to uphold high standards of due diligence to avoid legal trouble down the road, but this quickly becomes time-intensive when companies have to process a large number of contracts.

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BAAR empowers companies to negotiate and execute more contracts in less time:

  • Extracts contract data and clarifies content:

    • Rapidly pulls and organizes renewal dates and renegotiation terms from any number of contracts

  • Increases the volume of contracts the company can process:

    • Reviews, organizes, and locates large amounts of contract data with ease

    • Decreases the chance of future disputes or antagonistic negotiations

Automate Lease Abstraction

Lease abstraction appears in many types of commercial real estate, such as retail, ground, office, and industrial. The rent payments delineated in these leases represent a major expense for most corporations, so it’s important to manage them effectively.

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BAAR provides a straightforward solution to managing lease abstraction:

  • Manages lease data:

    • Enters and tracks lease data in an abstract format

    • Can generate, search, retrieve, and print leases

  • Tracks events and dates:

    • Stores timeline information from every lease for easy reference

    • Can set reminders for key option dates, deadlines, and lease terminations

Set up BAAR for Your Legal Department Today

This was just an overview of BAAR’s Legal capabilities – our virtual agent can do much more for your company.

This was just an overview of BAAR’s Legal capabilities – our virtual agent can do much more for your company.

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