Naumen Legal Tech
The platform provides multiple functions: smart search across large amounts of information, monitoring of legislative initiatives, semantic analysis, as well as management of regulatory and procedural guidelines, standards, and legal documentation.
The product is aimed at state and business entities that manage their own databases of regulatory, legal, and technical documentation.
What Problems Does Naumen Legal Tech Solve?
Challenges of our customers when using the classic (iterative) approach to working with regulatory and technical documentation:
Lack of a unified information space due to a large number of document storage and processing systems
Excessive costs of supporting multiple document processing and storage systems
Lengthy search for information in documents and poor chances to find related documents
Duplication of rules and regulations, since the same rules might be stipulated in different documents
Outdated/irrelevant documents in systems
Time wasted on routine operations related to the semantic processing of boilerplate documents
Lack of delegation functionality when working with documents
Slow response to legislative initiatives
Creating unified information space to quickly search, structure, and establish links between documents from various sources
Enabling employees responsible for creating and updating documents to collaborate using intelligent search and analysis tools
Prompt response to legislative initiatives, receiving notifications from state legal portals, and tracking the latest legal changes
How It Works
The Naumen Legal Tech platform supports the full cycle of creation and approval of various documents: from internal guidelines to expert opinions. The solution combines several components into a unified ecosystem to optimize working with documentation.
Information and analysis system
Stores, searches, and manages the corporate knowledge base, a bank of guidelines and technical documentation associated with the business process structure.
Automatically and intelligently monitors external sources of information
Parses various sources and keeps informed the responsible employees about the update or initial publication of the relevant regulations and legal acts.
Helps to identify overlapping documents, differences in wording, and generate hints based on insights — the results from machine processing of large amounts of data.
Semantic analysis of a document
Allows you to analyze agreements (contracts, NDAs, etc.), detecting the entities in the document to identify risks affecting the company's activities.
The solution combines all tools that manage the documentation development lifecycle with all events and changes.
- a semantic data search in unified space, creation of search templates;
- tracking document changes and comparing its versions;
- personalized document recommendations;
- recognition of overlapped text and meaning in documents;
- making sure of getting familiar with documents;
- identifying risks in a document;
- personal dashboards.
- picking up participants to work on a document, building up an approval board;
- collaborative editing of document;
- making comments and suggestions on the document and text fragments, accepting them;
- setting up the process of document development and approvals;
- the smart building of approval route;
- change tracking.
Benefits of the Solution
Building a smart knowledge base with a recommendation system and semantic search
The ability to integrate with internal and external sources, systems of other organizations, and process participants
Optional automation of contract analysis and verification of developed documents powered by machine learning algorithms
Customizing the solution for the business processes of a particular organization
Benefits for an Organization
Reduced document preparation time and cost
Improved quality of developed documents
Rapid response to changes in the external environment using automatic tracking of legislative initiatives
Improved efficiency of document developers thanks to the smart processes
Transparency and traceability of rule-making activities due to the implemented project-based approach
The implementation effect of Naumen Legal Tech
More efficiency in the organization's document management
There might be from
Naumen Legal Tech allows you to increase the efficiency of the organization’s document management by 50 percent. You’ll be able to attain this level after automatic processing of only 10 percent of the total document base.