Data-driven decisions faster with Leverton Artificial Intelligence
Leverton is a patented, award-winning AI-powered data extraction and contract analytics platform for corporate and legal documents.
Leverton’s automated abstraction process eliminates error-prone, manual data entry while also helping to identify and eliminate data discrepancies.
Leverton speeds up mundane data extraction processes by 50% to 75%, enabling employees to spend more time doing more strategic, higher-value tasks.
Leverton reduces manual abstraction costs by up to 50% and identifies opportunities for cost savings and increased revenue that go unnoticed.
The Leverton Offering
Leverton Artificial Intelligence (AI) extracts key data from your documents and links each extracted data point to the source information. We then validate all extracted data via a two-step quality check and control process.
Access and analyze structured data in a variety of dashboards from pivot tables to calendars of critical dates. Create dashboards and custom reports for your team to drive additional insights.
Export data into Excel / CSV or integrate directly to third-party DMS, ERP, or BI systems via our API to consume your structured data within your desired target system.
A Case Study In Lowering Costs and Driving Value
Priam Properties is a mid-sized real estate private equity firm focused on office properties throughout the Southeast of the United States. They wanted to grow quickly, but maintain flexibility through a lean staff and operation.
In 2016, Priam implemented Leverton in order to reduce the overhead and time spent on reviewing leases during due diligence and ongoing property management/lease administration. Leverton was chosen due to the highly accurate set of data that was produced and the ease of which the data could be audited.
The solution included lease abstraction of 800 data points covering critical dates, dollars renewals, terminations, ROFO/ROFOs, audits, subleases, CAM, TI, and many more advanced topics. Lease review time was reduced from over 8 hours to 1-2 hours with 24-48 hours turnaround times achieved. The portfolio grew from 100 leases to 400 in 18 months, with Leverton supporting each transaction.
Accurate And Efficient Contract Review
QTS, the leading provider of data center solutions, needed to access data from its contracts on demand. The increasing volume of contracts and lack of uniformity made contracts difficult to organize, manage, and update. The manual review was too time-consuming and difficult due to non-standard/custom fields. In addition, in 2018, QTS decided to sell a portion of its business to a partner. Part of that process required the Legal Department to manually review hundreds of customer contracts and create a report which took hundreds of man-hours.
The solution included a fast, cost effective, and accurate data abstraction process, customized integration, and tailor-made data model for client’s contracts.
Using the Leverton platform, QTS can now run a report on assignability and notice addresses in a matter of minutes saving an estimated 80 man-hours.
This enables QTS’ resources to focus on high-value activities instead of low-value activities.
Leverton is an invaluable partner. Each employee we have worked with has gone above and beyond to help QTS create custom data models and yield accurate results. The Leverton platform continues to perform beyond our expectations. QTS is proud to be a partner with MRI Software and looks forward to continuing to digitize our portfolio.
Director, Associate General Counsel
Leverton accelerated the process of turning unstructured data into insightful data that we could further utilize for Knowledge Cubed, our data visualization and analytics platform. For Savills, utilizing Leverton has led to efficiencies and more accurate data that our clients can depend upon through our brand and values. Leverton’s collaborative and entrepreneurial spirit allowed us to innovate alongside with them.
We chose Leverton due to highly accurate set of data that was produced and the ease of which the data could be audited, which was essential for our growth as a fund. Through the use of Leverton, we estimate we were able to save over 50% on our lease abstraction costs and reduce due diligence time by at least 7 to 10 business days.
CEO & Founder, Priam Capital
Our partnership with Leverton will increase customer experience and drive efficiency of our lease management platforms. AI is essential to our plan as a Company to drive value for our customers.
Global CEO, JLL
News and Resources
Lease Intelligence Buyer’s Guide
U.S. Real Estate Management Firm Automates Lease Management and Speeds Up Due Diligence
Artificial Intelligence Comes Together With Accounting Expertise to Simplify IFRS 16 Transition
Leverton Platform: How it works
Levertonia 2019: The Future is Now
Leverton Debuts New Brand
Levertonia 2019: Leverton’s Second Annual User Conference in NYC, November 14, 2019
AI in the Enterprise: Trends and Insights on AI Vendor Selection and Implementation
LEVERTON Report Reveals Insights into How Artificial Intelligence is Selected, Deployed and Used in the Enterprise
MRI Software Acquires AI Real Estate Pioneer LEVERTON to Turn Unstructured Data into Business Insights
Seven Questions to Ask When Choosing an AI-Based Data Extraction and Contract Analytics Vendor
LEVERTON’s AI-Powered Platform to Facilitate Global Real Estate Lease Abstraction
Infographic: Simplify Your IFRS 16/ASC 842 Transition
The changing role of…lawyers
Five Clauses to Look Out for in a Lease
Real Estate Data Riding to Retail’s Rescue
Benefits Beyond Compliance IFRS 16/ASC 842 and the Opportunities of Better Lease Management
AI Mythbusters: From Hype to Reality
Analysis: Are AI Solutions Being Used To Mitigate Risks?
Infographic: Transform the Way You Work, Part 2
Unlock and utilize your data with leading AI-powered technology.
Leverton’s AI capabilities provide you the power to drive your decisions through data.
Ready to learn how to improve your data transparency, accuracy, and auditability while also improving your workflow efficiency?