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Seal Software

 
Seal Software is the leading provider of contract discovery and analytics. Seal enables companies around the world to manage their contract portfolio by understanding exactly where their contracts are and what is buried within them, maximizing revenue opportunities, mitigating risk, and reducing expenses. Lex Connect Innovator.

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Company Name:
Seal Software
Company Website:
http://www.seal-software.com
Company LinkedIn:
https://www.linkedin.com/company/seal-software-group
Company Twitter:
https://twitter.com/sealsoftware
Company overview:

Seal Software, the leading provider of contract discovery, extraction and analytics solutions, enables companies around the world to effectively manage their contract portfolio by understanding exactly where their contracts are when needed and, more importantly, what is buried within them, in order to maximize revenue opportunities, mitigate risk and reduce expenses. 

Seal Contract Discovery and Analytics automatically locates unstructured contract data wherever it resides in an organization. This easily deployable solution can rapidly process thousands of contracts, reducing years of manual process time to hours. The Seal Contract Discovery and Analytics platform is the only solution available on the market that is truly customizable, leveraging a unique blend of standard industry technology, including Machine Learning methods and Natural Language Processing, and proprietary patented technology, which includes “non-standard” clause detection based on customer-defined boundaries. By combining the richness of standard global industry extraction models with the dynamic flexibility of client-configured models, organizations can confidently extract all key contractual terms and clauses and render them for easy yet comprehensive review. Organizations can quickly and effectively populate and update corporate contract repositories, seamlessly integrating with leading customer relationship management (CRM), contract lifecycle management (CLM), and enterprise resource planning (ERP) solutions out-of-the-box. 

The Seal platform is used within 8 out of 10 of the top Legal Process Outsourcing (LPO) providers, legal review and advisory firms, delivering increased visibility into time-critical opportunities and risks while alleviating contract review processes and technical challenges. 

Solution(s):
HQ Location:
United Kingdom
Year Founded:
2009
Private / Public:
private
Ideal prospect law department size:
+100
Number of employees:
101-500
Key Geographical Presence:
North America / Europe
Languages:
English
Solution(s):
  1. Seal Contract Discovery & Analytics (Specialty: Contract Analysis)

    Seal Softwares innovative Contract Discovery and Analytics solution helps organizations to streamline their contract drafting approval and archiving processes as well as allowing key business managers to manage key contract milestones and obligations more effectively through the use of advanced reporting and analytics. Contracts can optionally be discovered using advanced identification and metadata extraction techniques and then analyzed providing the clear and comprehensive reporting and analysis upon which informed decisions can be made Contracts and the extracted data can be managed in Seal or migrated to another system for future use or further analysis. Seal can then continue to monitor for new contracts ensuring new contractual documents are also identified