LeaseLens is an AI-powered tool for abstracting leases that quickly finds and extracts relevant information from commercial or real estate leases. The software uses machine learning to accurately and rapidly pull data from uploaded documents.
LeaseLens automates the complex lease abstraction process, which can be error-prone and costly, in an efficient manner that saves time and money.
Users have the option to view extracted data without charge or export the results to Excel or Word for a fee. LeaseLens is designed to handle both single and multiple lease extractions, making it a flexible tool for a variety of use cases.
The software can be tailored to meet specific needs, such as property management and equipment leasing. LeaseLens also ensures that all uploaded data remains confidential.
The software uses optical character recognition (OCR) to process lease documents, and then machine learning to find and extract the required lease data.
It is capable of identifying more than 200 standardized fields to create the lease abstract, and allows users to customize these abstracts to meet their specific requirements.
There is also the possibility of human review of the extracted data if needed. Those seeking streamlined lease administration, faster due diligence, and better contract management may find LeaseLens a valuable tool.
Offers free data abstraction
Provides time savings via automation
Trained using thousands of leases
Only allows abstraction of one lease at a time
Requires payment to export results
Lacks a built-in human review option

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