What is Kira Systems?
Kira Systems is at the forefront of cutting-edge technology designed for machine learning contract search, review, and analysis. This advanced software automates the process of identifying, extracting, and analyzing critical data points within contracts and documents, ultimately providing organizations the ability to gain visibility into their contract repositories while expediting contract review processes. By mitigating risks associated with human errors, Kira enhances the accuracy of legal reviews and helps businesses improve their client services, uncovering new opportunities for increased revenue.
What are the features of Kira Systems?
Patented Machine Learning Technology
Kira's powerful machine learning algorithms are specially designed to automatically highlight and extract essential provisions from contracts. This technology not only increases efficiency but also guarantees a higher level of accuracy compared to manual review processes.
Built-In Intelligence
Thanks to its built-in intelligence, Kira streamlines the contract review process. Users can leverage a suite of out-of-the-box smart fields to quickly locate and review data points specific to their needs.
Quick Study
Kira offers a no-code machine learning tool that enables users to create custom smart fields tailored to their specific data extraction needs. This flexibility ensures that users can obtain relevant information swiftly and efficiently.
Adaptive Workflows
The software features management capabilities that allow legal teams to organize, track, and export results effectively. These adaptive workflows enhance collaboration within teams and promote seamless project management.
Comprehensive Reporting
Kira’s reporting tools ensure that users can easily generate detailed analyses of contract data, allowing teams to make informed, data-backed decisions with confidence.
What are the characteristics of Kira Systems?
Kira Systems boasts various characteristics that set it apart in the legal tech landscape. Its ease of use is one of its most appealing aspects, as legal professionals can navigate its intuitive interface without extensive training. Additionally, Kira's machine learning capabilities improve continuously, learning from user inputs and enhancing its extraction accuracy over time. The software is also adaptable to various industries, making it suitable for legal practices, corporations, and professional services.
What are the use cases of Kira Systems?
Kira's versatile technology is employed in several application scenarios, including:
- Contract Analysis: Legal teams utilize Kira to assess the terms, conditions, and obligations within contracts efficiently.
- Due Diligence: During mergers and acquisitions, Kira accelerates the due diligence process by quickly analyzing vast amounts of documentation.
- Lease Abstraction: Kira assists property management teams in summarizing lease agreements, making vital information easily accessible.
- Corporate Compliance: Businesses across industries leverage Kira to ensure contract compliance with internal and external regulations.
How to use Kira Systems?
- Import Documents: Start by uploading your contract documents into Kira's system.
- Process Documents: Kira will automatically review the content and highlight key provisions according to your defined parameters.
- Analyze Results: Utilize Kira's reporting tools to delve deeper into the extracted data, facilitating a thorough analysis.
- Search & Review: Navigate through identified provisions using Kira's search features for quick referencing.
- Export Reports: Generate and export detailed reports that summarize your findings and analyses for presentation or record-keeping purposes.
