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What is Lyncs?

A uniquely crafted contract data management system specifically designed for the financial services industry. Users can seamlessly upload files through drag-and-drop functionality, bulk uploads, or a dedicated API that securely integrates scans into the Lyncs platform. Moreover, entity reference data can be loaded to guarantee the accurate organization of scans throughout the system. The platform features automated duplicate detection, which combines machine learning with a rule-based hybrid auto-classification method to improve accuracy. Scans are organized by entity, type, and date, allowing for precise extraction of terms while taking amendment chains into account. To maximize precision and effectiveness, various techniques are utilized to automatically extract data from documents, merging machine learning, predefined rules, and user-assisted data capture. Each stage of the document processing is enhanced by a role-based workflow, enabling documents to be locked to prevent unauthorized changes, assigned to particular users, and moved through different workflow states via promotion or rejection. The system also boasts robust version tracking, auditing functionalities, and a data 'time-machine' feature that provides improved oversight and management. This comprehensive suite of features guarantees an exceptional level of control, accuracy, and efficiency in the realm of contract data management, supporting users in navigating complex regulatory environments.

What is Collatio?

The system entails the automated collection, extraction, unification, and monitoring of data along with its sources from a range of financial, legal, and operational documentation. The Collatio® Financial Spreading tool serves as an automated platform that enables accurate data extraction, reconciliation, and assessment of various financial reports, such as Balance Sheets, Profit and Loss Statements, and Cash Flow Statements. In addition, Collatio® Invoice Reconciliation equips users to automatically extract information from invoices and align it with Statements of Work, Purchase Orders, and Master Service Agreements. Moreover, Collatio® Enhanced Due Diligence is an AI-powered tool that facilitates entity verification and real-time validation against extensive global checklists by leveraging both internal and external data sources. Collectively, these tools simplify intricate financial procedures and significantly boost overall operational efficiency, making them invaluable for organizations aiming to optimize their financial management processes.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Online Training

Company Facts

Organization Name

Logical Construct

Date Founded

2014

Company Location

United Kingdom

Company Website

www.logicalconstruct.com/lyncs-product-overview/

Company Facts

Organization Name

Scry AI

Date Founded

2014

Company Location

United States

Company Website

scryai.com

Categories and Features

Contract Analysis

Not specified

Contract Management

Not specified

Categories and Features

AML

Not specified

Contract Analysis

Not specified

Data Extraction

Not specified

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