Technology enhanced contract review: faster and more accurate

BETTER CONTRACT REVIEW

DiligenceEngine has a demonstrated impact enhancing contract review speed and accuracy. It automatically finds specified provisions, prepares summary charts, and includes workflow tools to help you refine and understand results. Coordinate your review team using its organizational features. Reviewers helped by DiligenceEngine are faster, more accurate, and happier.

In tests of experienced lawyers, alums of top law schools and firms, the system user was significantly faster and more accurate at reviewing contracts.

DEMONSTRATED IMPACT ON CONTRACT
REVIEW SPEED AND ACCURACY

The DiligenceEngine user completed their review in 20–30% less time even when he still read-through every agreement page-by-page and close to 60% less time when he only spot checked system results. Both ways were more accurate than traditional, non-technology assisted review.
The system identified a number of significant change of control clauses the non-user missed, including a termination-on-change-of-control provision. In one test, the non-user identified 7 of the 12 substantive change of control provisions the system user got (and nothing the system user missed).

AUTOMATICALLY REVIEWS CONTRACTS
FOR USER-SPECIFIED PROVISIONS

The system is pre-programmed to find the most common provisions in M&A deals. And we're experienced at building out custom provisions on request. Reviewing contracts that aren’t just form contracts? No problem—that’s what the system was built for, and we have thoroughly tested its accuracy on unfamiliar documents.

PUTS FINDINGS IN SUMMARY CHARTS AND
ALLOWS YOU TO QUICKLY REFINE RESULTS

The system automatically puts findings into summary charts and provides an annotated version of original documents underlying summaries.

OPTIMIZES YOUR CONTRACT REVIEW WORKFLOW

Our document viewer is fully featured: it shows the original document image with found provisions highlighted, allows users to highlight text and automatically drop it into summary charts. Text is fully selectable and searchable, even if it wasn't in the original document. This is the document viewer contract reviewers dream of.

CREATES DOWNLOADABLE SUMMARIES

You can keep summaries online or download them in attractive and customizable Word templates, Excel, and, on request, XML and JSON. Excel downloads can be used to easily populate contract management databases, and we can further assist with this process.

WORKS ON OVER SIXTY FILE TYPES

Uploading agreements to the system is fast and easy, whether you’re adding five agreements or five hundred. You can even add documents via drag-and-drop where your browser allows. DiligenceEngine takes agreements in Word, PDF, poor quality un-OCR'd scans, and over sixty other formats.

ORGANIZE REVIEW TEAMS

Our system allows you to assign documents to reviewers, keep track of whether documents have been reviewed, flag problem provisions, and much more. And our search features allow you to slice and dice this information to get straight to the information you need.

SEE DEVIATIONS FROM FORM AGREEMENTS, IN BULK

Need to see whether a bunch of agreements executed off a form actually match their form? Rapidly blackline thousands of contracts against a single document with a couple clicks. Or use our deviations from form meta-view to get an overview of where things have changed in a pool of agreements.

EASY TO GET STARTED ON

Our system is intuitive enough to use without training (though training is readily available). And, using our secure web version, you can get setup and going in minutes. Get setup, learn to use the system, and surpass a non-user's output all within your first hour's use.

AVAILABLE VIA WEB OR HOSTED LOCALLY

Need to host the system locally behind your firewall? Can do.

SECURITY

We take security seriously. Our security measures are similar to that of many virtual data rooms.

Our server hosting facility has passed SSAE16 Type II and CSAE3416 certification audits.

Multiple backup protections.
Failsafe power management systems.

24x7x365 CCTV monitored security, perimeter fencing with automatic gates, interior and exterior hi-res cameras, biometric scanned entry.

Advanced environmental controls.

All our employees are bound by contractual confidentiality provisions that include protection of user information.

Architecture

System was architected for security. Antivirus and intrusions scans performed regularly; firewall used.

Encryption

All data stored on encrypted disks. Communication with our site is via a 256-bit encrypted connection.