BRYTER Extract
Overview of BRYTER Extract
BRYTER Extract: AI-Powered Contract Review and Data Extraction for Legal Teams
What is BRYTER Extract?
BRYTER Extract is an AI-powered solution designed to automate contract review and data extraction for law firms and in-house legal teams. It combines AI data extraction with workflow capabilities to streamline legal processes and improve efficiency. This tool enables legal professionals to save time, generate reports, and trigger workflows from extracted contract data.
How does BRYTER Extract work?
BRYTER Extract simplifies the contract review process through the following steps:
- Upload Documents: Users upload post-signature contracts and other relevant documents to the platform.
- Define Queries: Users specify the questions, terms, and data points they need to extract from the documents.
- AI-Powered Data Extraction: BRYTER Extract uses proprietary, pre-trained legal AI to analyze the documents and extract the requested data.
- Table View of Answers: The extracted data is presented in a table format, with links to the relevant clauses in the source documents for easy verification.
- Data Export and Workflow Integration: Users can export the extracted data to Excel or integrate it into rule-based workflows for document automation, repapering, and follow-up tasks.
Key Features and Benefits
- AI Trained for Legal: BRYTER Extract's AI is specifically trained to understand legal terminology and context, ensuring high-quality and accurate results. It outperforms generic AI tools like ChatGPT or Copilot in legal applications.
- Ready to Use: The AI does not require additional training and works out-of-the-box, allowing users to get started immediately.
- Versatile Language and Contract Type Support: BRYTER Extract works with various document types and languages. Its data models are highly configurable, allowing users to customize data points to meet specific needs.
- Workflow Integration: The extracted data can be seamlessly integrated into workflows for report generation, document creation, date calculations, and approval processes.
- Source Verification: All extracted information includes links back to the original clauses and documents, allowing lawyers to verify the data and maintain control over the review process.
- Data Security and Privacy: BRYTER Extract prioritizes data privacy and security. It uses OpenAI on a dedicated Azure cloud hosted in the EU. User policies remain within the infrastructure and are not used to train OpenAI language models. BRYTER is SOC 2 Type II and ISO27001 certified.
Why Choose BRYTER Extract?
- Tailored for Legal Needs: The AI is specifically tailored to meet the needs of law firms and their clients, ensuring high accuracy and relevance.
- Reduces Hallucinations: The AI bases its answers solely on the information provided in the documents, eliminating the risk of fabricated or inaccurate responses.
- Saves Time and Resources: By automating contract review, BRYTER Extract saves up to 90% of the time typically spent on manual review processes.
Use Cases
BRYTER Extract has over 100 use cases for law firms and in-house legal teams, including:
- DORA Compliance
- Lease Review
- Commercial Contracts
- M&A Due Diligence
- Employment Contracts
- Board Minutes
How to use BRYTER Extract?
- Sign up for a free trial or book a demo: Contact BRYTER to get started with BRYTER Extract.
- Upload your contracts and documents: Upload the documents you wish to analyze.
- Define your queries: Specify the data points and questions you want to extract.
- Review and export the results: Review the extracted data in a table format and export it to Excel or integrate it into your workflows.
Who is BRYTER Extract for?
BRYTER Extract is designed for:
- Law firms looking to automate contract review and data extraction for their clients.
- In-house legal teams seeking to improve efficiency and accuracy in contract management.
- Legal professionals who want to save time and resources on manual review processes.
Conclusion
BRYTER Extract offers a powerful AI-driven solution for contract review and data extraction, specifically designed to meet the unique needs of the legal industry. By automating these processes, BRYTER Extract helps legal teams save time, improve accuracy, and focus on more strategic tasks. With its pre-trained AI, versatile language support, and seamless workflow integration, BRYTER Extract is an invaluable tool for any organization looking to streamline its contract management processes.
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