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  • Products
    • Brooklyn Contract and Performance
    • Brooklyn Relationship
    • Brooklyn Risk
    • Brooklyn ESGA+
    • E-Meet “Digitised Vendor Tail”
  • Services
    • Fully-managed VendorOps Powered Vendor Management Office
    • Data Enrichment
    • Due Diligence / Risk Assessment & Periodic Refresh
    • Contract Compliance & Key Term Extraction
    • Renewal Management and Workload Planning
    • Custom Dashboards and Surveys
    • Vendor Tail Management Services
    • Vendor Management Maturity Benchmarking
    • VendorOps Trusted Advisor
  • Use Cases
    • EBA Outsourcing
    • EIOPA Outsourcing
    • PRA Outsourcing
    • Same Day On-Boarding
  • Company
    • About us
    • Meet The Team
    • Careers
  • Resources
    • Company News
    • Case Studies
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Community Forum
Solutions

Contract Compliance & Key Term Extraction

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A Buyer is the contractor or vendor that provides a service to a business.
A Seller brings contractors and vendors in to a business to deliver a service.

Brooklyn Contract Compliance & Key Term Extraction

Sourcing (and agreeing) on products and services that are right for your business can take your team months. The negotiation period usually requires a long list of conditions that both organisations need to achieve to ensure the supplier partnership is a success. Inevitably, once an agreement is reached, the document will be signed, saved, and lost in the sea of other agreements, never to be seen again. By allowing the Brooklyn team to scan, extract, and digitise the contract into metadata, your company can rest assured that automated alerting and AI intelligence will ensure both companies stick to their commitments to maximise value.

Business Benefit:

Ensuring that your contractual agreements comply with the necessary standards and then critically extracting the key details to recognise the value of the deal.

To complete this manually, our research suggests that a typical 100-page contract effectively will take a person on average 12 hours to complete or a fully loaded cost of £540.

Document Processing Compliance

Contractual & Commercial documents will be processed using standard Brooklyn libraries to check compliance for:

– Anti Bribery, Slavery / Supply Chain Due Diligence

– GDPR & Data Privacy

– Use of Third Parties

– Termination & Audit Rights

– Environment, Social & Governance (ESG) Commitments

Data & Event Extraction

We’ll process documents and extract both key terms and record events for:

– Contractual Obligations

– Service Level Agreements and Key Performance indicators

– Periodic Assessments, Audits and Certification Expiry

Discover Our Services

01.
Renewal Management and Workload Planning<br><br> icon
Renewal Management and Workload Planning

Brooklyn’s renewal manager and workload planning services ensure that your contracts are up-to-date.




Renewal Management & Workload Planning
02.
Custom Dashboards and Surveys<br><br> icon
Custom Dashboards and Surveys

New legislative, regulatory change, security breaches or where vulnerability is detected requires mass supply chain engagement. Automate with Brooklyn.


Custom Dashboards & Surveys
03.
Fully Managed Vendor Ops<br><br><br> icon
Fully Managed Vendor Ops


Five service offerings layer seamlessly to provide the base data required to measure and assure customers of complete compliance across all in-scope contracts.

Fully-Managed VenderOps Powered Vendor Management Office

Build A Successful Enterprise Vendor Management Function

Book a demo today or contact our sales team
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