Large organizations typically have many contracts that are unknown to the financial controllers because they are misplaced or hidden within file shares, email and other storage systems.

Finding, reviewing and controlling these contracts is vital for managing risk and costs. Having full knowledge of all contracts an organization has entered into is an essential part of the merger and acquisition due diligence process. However, traditional approaches to discovering and analyzing contracts use manual processing, which may be supplemented with keyword search technologies. Both are costly, time-consuming and error prone.

Nuix Contract Discovery puts the power of eDiscovery behind your contract management. Delivered in partnership with Nuix and Seal Software, this technology allows your organization to to take control of its contracts and gain real business insights.

Nuix's powerful unstructured data processing and search technology makes it possible to discover, index and extract key contractual information from documents stored in file shares, email and content management systems.

You can locate and review key contractual information such as contract type, contracting parties and start and termination dates for all known and unknown contracts. You can also identify those contracts that assign contract rights, or contain erroneous, high-risk or high-value clauses.

Nuix Contract Discovery then enables you to organize all discovered contracts into a central repository such as Dolphin Contract Manager. Deepening your organization's knowledge of contacts can deliver insights that support better business decisions.

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