Lease abstraction automation

Digitize lease abstraction in 1 click with 99%+ accuracy

Extract data from complex leases with 10X efficiency

Eliminate manual, error-prone lease data extraction

Enable fast decisioning for property managers, brokers, & law firms

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One solution for different utility bill formats

“We’re processing utility bills from 6 different service providers for portfolio management. The challenge was to have just one solution to process all different versions of bills to save us the hassle of retraining & switching amongst multiple solutions. Docsumo has been able to deliver just that - one solution for all different variations.”

Shani Nowlin

Chief Technology Officer

Pre-Trained model for leases

Get pre-trained everyday models to process leases

Leases can often be hundreds of pages long with complex clauses and rental agreements. Docsumo's pre-trained Lease Abstract models can identify and automatically capture data from unstructured leases.

What's more?

Now, you can ingest all your lease PDFs and images from email inboxes, scanners, or other document management systems in a few seconds.

Automated &flexible lease data extraction

Get granular data from leases - be flexible, yet compliant

No two lease agreements are similar - that's why with Docsumo, you can parse hundreds of unique data points such as critical dates, common area maintenance, amendments, co-tenancies, expense reimbursements, terms and conditions easily.

So, whether you're evaluating leases in different states or jurisdictions, Docsumo's flexible extraction software lets you respond to business opportunities faster even while being compliant with ASC 842.

Spotting Exceptions in Commercial Invoices

5 Reasons to get the Docsumo Advantage Now!

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Reduce turnaround time for document processing from days and months to seconds

10x

Increase efficiency by 10X even as you process 10k+ documents a month

99% plus

Reduce manual and repetitive errors with intelligent automation and get accurate data from documents

Smart AI

Algorithms that self-learn based on new document formats and on the go or from manual corrections

Analytics

Make rapid decisions with easy validation and granular analytics

Intelligent lease data analysis

Make better real estate decisions with deeper insights

How do you know if two smaller properties are more profitable than one large square footage property?

Docsumo's intelligent extraction software lets you extract data and calculate expenses, cash flows, and ratios for several years. Moreover, you can even compare leases to form agreements, detect absence of provisions, and text within provisions etc.

Easy integration with YARDI/MRE/JDE

Integrate Docsumo easily with property management software

Convert lease agreements into Excel spreadsheets for rapid analysis. Integrate Docsumo with MRI, Yardi, and JDE for smoother data flow enabling you to make faster real estate decisions.

Import and Export Data in Multiple Formats

Get AI-driven insights for your lease extraction with Docsumo

Gain 100% visibility into mission-criticial data from your lease agreements with our AI-based document processing.

General information

Name of property

Owner details

Address and square footage

Options and rights

Termination clauses

Effective rental income

Date-related

Critical dates

Expiration dates

Lease duration and terms

Other details

Operating expenses

Common area maintenance charges

Real estate taxes

Turnover expenses

Security deposits

Rent projections

Learn how Westland achieved 99%+ accuracy in their utility bill automation

The Situation

Westland Real Estate Group operates 14,000 property units across Los Angeles, Orange County, and Inland Empire. Before Docsumo, they'd process data from 2,000+ utility bills a month from six vendors in six different formats. But, extracting dissimilar key fields and line items for further categorization and validation was error-prone and time consuming.

Solution

Docsumo’s intelligent utility bill automation helped detect standard and non-standard utility bills based on image characteristics to send to respective APIs. Our proprietary NLP-based classification framework categorized key value pairs and line items. We enabled easy integration of extracted data with Westland's real estate portfolio management software, i.e.,Yardi.

70%

efficiency gains while processing unstructured data

90%

touchless processing using smart validation rules

99%

accuracy due to comprehensive automation

Ready to automate your data extraction?

Let's talk.

Docsumo's intelligent document processing enables you to extract data easily, efficiently, and accurately.
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