Untrite for Compliance.
Learn how Untrite solutions can help you save up to 90% of your document search, creation, reviewing and analysis time using Machine Learning.
Create and update new compliance documents with ease
Managing company governance and compliance in a fast paced business world is quite challenging. Whether it’s legal, HR-related or general business policies and procedure documents, keeping track of all changes and cascading them down to different functions timely and accurately could be a gigantic and resource intensive undertaking.
Imagine being able to find a relevant paragraph in a 500-page document in one second (without having to be familiar with that document). Or being able to find the relevant regulations governing your business without having to look through all the documents rather than trying your luck with daunting, often time consuming and unreliable keyword searching.
Automatic alerts on new laws affecting you
Untrite Compliance is an intelligent tool to help organisations easily manage access to information in unstructured text data. Working closely with our clients, it’s become evident that keeping up with changing regulations is a serious source of risk to businesses which consume resources and exposes organisations to falling victims to non compliances inadvertently. It has always been a struggle to keep up with changing laws, not to mention the Brexit and GDPR effect. We have developed a functionality that will automatically keeps an eye on the governing laws and regulations updates.
As they happen it will analyse the changes applied and find all the relevant sections/paragraphs of your internal documents. This will give your internal legal teams a new focus and ability to stay up-to-date. Saving days of the effort of trawling through the regulations and cross-referencing them with internal documentations.
Untrite’s state-of-the-art Machine Learning technology automatically identifies and extracts information from contracts and comes with extensive built-in provision models.
With Untrite Compliance solution teams can gain an immediate high-level understanding of the potential impact a regulatory change will have on an organisation’s documents and quickly tailor and export summaries of non-compliant or potentially problematic provisions that require revision.
Prepare for regulatory changes with confidence and agility
Responding to a constantly evolving regulatory landscape is a time consuming and expensive endeavour for any organisation. It may be difficult to understand the potential scope and impact of a change on a set of documentation until a lengthy review is complete, which can leave little time for proper implementation of the necessary changes. Ensuring that any new agreements take into account pending legislative changes also requires an understanding of the terms of existing documents.
Untrite can quickly review large volumes of legacy and third party contracts and highlight only the data that may be affected by any regulatory changes. Document reviews can be conducted immediately providing a holistic view of the impact of the changes. This allows teams to begin preparing a remediation plan well ahead of the deadline for the change and ensure this work doesn’t interfere with the other critical work the organisation may be engaged in.
How does it work?
By using Machine Learning and Natural Language Processing technology, Untrite processes documents in dozens of formats and automatically converts them to machine readable text. Depending on client needs, our solutions can be implemented on premises or in the cloud. They include includes workflow tools for your team to validate the results prior to them being exported into Excel, Word or PDF for final documents.
Untrite makes sense of your unstructured data and helps you derive valuable information from it
Untrite solutions have been used on various projects, helping organisations gain greater visibility into their contracts and their employees – focus on more meaningful, challenging and creative part of their work. Our users include many of the world’s leading professional service firms and corporations. We enable people to do meaningful, extraordinary work. We use data technology to solve those to help companies grow. To do more with less.
Find out how.