What Seal Does
When the business, legal, or regulatory environment changes, Seal gives you clear vision into your contractual relationships, risks, obligations and opportunities, so you know immediately how those changes affect your organization.
Seal tells you where all your contracts are and what they contain, and this intelligence is immediate, accurate and actionable.
Some of Our Customers
How We Do It
Many companies have contracts sitting in various repositories, file shares and servers with key terms and data buried in their text. Indemnifications, assignment terms, revenue recognition policies, auto-renewals, and unknown incentives are just a few examples of contract information that adds risk, increases liabilities, and reduces revenue.
Seal knows contracts. It finds contracts of any file type across the network, “reads” the documents and places them in a centralized repository. It uses a combination of Natural Language Processing and Machine Learning technologies to extract contractual terms, clauses and provisions that would otherwise be hidden.
It can extract large amounts of data right out-of-the-box and can “learn” an organization’s specific terminology, business models, and legal language to provide a rich analytics platform for the entire portfolio of contracts.
The output of Seal is a comprehensive index of all contract data that can be searched, sorted, reviewed, compared, and integrated with business systems such as ERP, CRM, Contract Lifecycle Management, and many others.
How does Seal help me understand the obligations, incentives, and all the key data in all my vendor contracts?
How can Seal address our ability to ensure our contracts aren’t hiding risk or liabilities, and can easily be audited for compliance?
Will Seal help me accurately understand a prospect company’s liabilities and risk during due diligence and also help with post-transaction integration?
Can Seal help me get an accurate picture of what contracts I have, and cut time and costs for contract reviews?
How can I be sure all the customer data in my entire contracts portfolio, including pricing, incentives, revenue recognition, etc., is completely understood, and the critical data in my CRM system is correct?
How can I solve the contract data issues across my LOBs
Seal Software shared today how its customers are using its Discovery and Analytics platform to ensure they meet new and changing regulatory mandates. A dynamic and evolving global regulatory environment requires companies to design and implement compliance initiatives. A key part of that process is understanding and managing contractual obligations and conditions. Company efforts to assure compliance are increasing rapidly as deadlines loom near and non-compliance can mean hefty fines, loss of control or even shutdowns.
Seal Software announced today the first of its meet up sessions being run by its Machine Learning team based out of Gothenburg Sweden. The meetup was focused on assembling some of the best minds on Machine Learning from Sweden, describing and exploring the newest techniques in this field, and helping to cultivate the next generation of advancements in this area.
We believe Seal Software embodies the vision, drive and innovation that define a successful entrepreneurial venture. Seal Software should be proud of its accomplishment, as the competition was very strong.