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The Xtracta API for Smart Contract Scanning: Data Identification, Capture and Interpretation

Save time and become more productive using Xtracta.
Xtracta will extract and highlight relevant information in your legal documents and help you organise and detect the meaning of the data.

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Xtracta searches through your contracts and related documents

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Identifies the relevant information

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Uses artificial intelligence to interpret and analyse the data

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Presents the data to you highlighted in the original document for review

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Data made available for your software to organise, summarise or report in any way you choose.

Through Xtracta’s machine learning capability, the software learns from your team’s interaction with our Xtracta Engine Learning screen.  In doing so, it continues to finetune its interpretive and understanding abilities.

Imagine faster and more accurate contract analysis, due diligence and contract reviews.

The possibilities are endless …

  • search for specific issues or provisions within documents and have Xtracta present you with the relevant clauses and even sub-clauses.
  • search and interpret the document content to find and automatically match to specific legal conclusions e.g. contract termination, key clauses etc.
  • Detect and logically trace within contracts to uncover specific data where things such  as references between clauses and definitions have been used rather than explicit data.
  • detect the similarities and differences between documents such as employment contracts for comparisons.
  • search for specific values relating to particular issues within the document. For example within a property lease search, extract and normalise termination dates and insurance requirements.

Xtracta’s easy to use API enables highly efficient contract data capture and interpretation that’s easy to use, flexible and seamlessly integrates with your software.

Whether you are a law firm, a corporation managing contracts and regulatory compliance or a legal service provider, if you are processing a large volume of complex documents Xtracta can help you.

How Xtracta works

Fuel your software with Automated Data Capture

With our easy to use API and brandable solution

xtracta-flow-diagram-desktop-contracts

How Xtracta works

Fuel your software with Automated Data Capture

With our easy to use API and brandable solution

xtracta-flow-diagram-contracts

Key Functions

  • Identification of relevant areas of a document where data needs to be captured from e.g. find and highlight all areas related to “termination”. Xtracta also provides a simple to use user interface that users can switch between these highlighted areas to process the documents.
  • Capture specific values from the contract (e.g. similar to invoice data catpure)
  • Read and interpret multiple pieces of logic used to reach conclusions either explicitly stated within the document (but that would be found through interpreting logic such as references between sections, definitions etc.) or that are simply known results that are not explicitly stated in the document but can be concluded based on the logic.

 

Flexible, Easy and Self Learning

Digital, Scanned or Photographed

The Xtracta API supports all forms of documents including virtually all digital formats (PDF, DOC, XLS etc.) and imaged documents (PDF, JPG, .PNG etc.)

Multiple Input Channels

Input contracts a number of ways.

  • API upload
  • Email: We set up and host a dedicated, personalised email address(es) that you or your clients can email documents to eg contracts@yourcompany.com
  • SFTP for bulk uploading
  • Mobile app
  • Web Portal with drag and drop functionality

No Rules or Templates Necessary – Natural Language Processing (NLP) Driven

Using Xtracta’s artificial intelligence technology, the contract data identification and interpretation API doesn’t need specialist engineers to setup “rules” or “templates” for each document design.

Through its use of content understanding, powerful NLP and automatic document layout and structure recognition – the system can learn as a human does and apply general logic across documents from all kinds of sources and structures.

Self Learning, Extraction Review and Workflow Enabling

Powered by artificial intelligence and machine learning technology, Xtracta constantly learns from your team’s interaction with our Xtracta Engine Learning screen.  In doing so, it continues to finetune its interpretive and understanding abilities, enabling hands-free data extraction from documents of all formats and layouts.

Easy to use screens allow validation of data captured and of exceptions to bring data to a 100% match. Quickly capture correct data using the click-to-capture feature with the data fed back to the machine learning engine. Also supports workflow for multi-party review.

Multi-language (Beta)

Xtracta can examine and interpret legal documents in  a variety of languages. English based contracts are already supported.

Personalised, Paperless and In Control

Personalise to Your Business

Tailor the software to your specific requirements.  Whether it is interpreting data to match legal conclusions or detecting differences in similar contracts you tell the engine what you want and it will capture it.

Become Paperless and Streamlined

Data is captured in seconds and a copy of the original contract is also captured and transferred to your software. Become paperless overnight.

In Control

Become more efficient and devote time to more high value tasks. Gain increased visibility into your contracts.

Xtracta-Staff

Find out more in our Contract Data Capture brochure

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Easy to Use API and Brand as Your Own

The Xtracta API makes it very simple to integrate into your software. With full documentation and personalised integration support and the using of industry standard REST architecture with XML data structures – the API can be deployed into desktop, SaaS or mobile apps quickly and efficiently and you can brand the functionality to look as your own.

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Reaching over
1,000 users today

Processing over 10 million pages per month

Global
Customer Base

Find out more
about Xtracta

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Get Started

End Customers

Want to add touchless data capture of high volume documents, like invoices and receipts, to the software you use? We have partners ready to help you

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Partners

Join our global partner network.
Get everything you need to sell Xtracta and help your customers automate their data capture.

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Software Companies

Want to into integrate Xtracta with your own software? Use our easy to use API and image capture SDK and brand the functionality as your own.

INTEGRATE WITH XTRACTA