About
MRI Contract Intelligence is an enterprise-grade AI contract analytics solution built on a patented Artificial Intelligence and Optical Character Recognition (OCR) engine trained on thousands of document types. Originally launched as Leverton and now part of the MRI Software ecosystem, the platform automates the extraction of key contract data — including dates, dollar amounts, clauses, and critical obligations — eliminating slow, error-prone manual review processes. Designed for real estate owners, operators, and corporate occupiers, the tool processes contracts at scale with greater speed and accuracy than human reviewers, reducing review time by 50–75%. Users gain instant access to structured, auditable contract data through smart search by folder, keyword, or structured format, as well as calendar reminders for critical dates and customizable reports. The platform is particularly valuable for identifying revenue leakage, ensuring lease compliance, and driving data-driven decisions across commercial, retail, industrial, and other property types. Its end-to-end integration capability — including direct connection to MRI Commercial Management and ProLease — makes it a seamless addition to existing enterprise tech stacks. MRI Contract Intelligence is suited for legal, real estate, and finance teams looking to transform unstructured contract data into actionable business intelligence.
Key Features
- AI & OCR Data Extraction: A patented AI and OCR engine converts contracts into machine-readable text and automatically extracts key dates, dollar amounts, clauses, and critical terms with high accuracy.
- Smart Contract Analytics: Search contracts by folder, keyword, or structured data format, and generate custom reports, calendars of critical dates, and deadline reminders for your team.
- Complete Audit Trail: Every extracted data point includes a direct link back to its source in the document, providing a transparent and ongoing audit trail for compliance and governance.
- Enterprise Integration: Seamlessly export data to Excel/CSV or integrate directly with MRI Commercial Management and ProLease to keep contract data flowing across your existing systems.
- Revenue Assurance: Identifies opportunities to eliminate revenue leakage by surfacing overlooked contractual obligations, renewal clauses, and cost-saving terms.
Use Cases
- Commercial real estate teams automating lease abstraction to extract critical dates, rent escalations, and renewal options across large property portfolios.
- Corporate legal departments reducing manual contract review time by using AI to flag obligations, expiry dates, and key clauses across hundreds of agreements.
- Finance teams identifying revenue leakage by surfacing overlooked contractual terms that affect billing, charges, or cost recovery.
- Property managers creating automated reminders and deadline calendars from contract data to ensure timely action on critical lease events.
- Real estate investment managers integrating contract intelligence with MRI Commercial Management for a unified view of lease data and asset performance.
Pros
- Massive Time Savings: Reduces contract review time by 50–75%, freeing legal and real estate teams from slow, manual processes.
- High Accuracy at Scale: The ML engine has been trained on thousands of document types, delivering reliable extraction even for complex or non-standard contracts.
- Deep MRI Ecosystem Integration: Native integration with MRI Commercial Management makes it an ideal fit for real estate businesses already using MRI Software.
- Source-Linked Data Points: Every extracted item links directly back to its location in the document, making verification and compliance review straightforward.
Cons
- Enterprise Pricing: As an enterprise product, pricing is not publicly listed and may be prohibitive for smaller businesses or independent landlords.
- Primarily Real Estate Focused: While it supports general corporate contracts, the platform's integrations and marketing are heavily tailored to real estate use cases.
- Learning Curve for Custom Reports: Setting up advanced custom analytics, reminders, and structured searches may require onboarding or professional services support.
Frequently Asked Questions
What types of contracts can MRI Contract Intelligence process?
The AI engine has been trained on thousands of document types, including commercial leases, corporate agreements, legal contracts, and other complex documents. It is capable of processing a wide variety of structured and unstructured contract formats.
How much time can the platform save on contract review?
MRI Contract Intelligence is designed to reduce manual contract review time by 50–75% by automating the extraction of key data points, eliminating the need to read through documents line by line.
Does the tool integrate with other software?
Yes. Contract data can be exported to Excel or CSV, and the platform offers direct integration with MRI Commercial Management and ProLease for seamless data flow within your existing tech stack.
Is there an audit trail for extracted data?
Yes. Every extracted data point includes a direct link to its source location within the original document, providing a complete and ongoing audit trail for compliance and verification purposes.
Who is MRI Contract Intelligence best suited for?
The platform is best suited for enterprise real estate owners, operators, corporate occupiers, and legal or finance teams that manage large volumes of contracts and need to automate data extraction, ensure lease compliance, and identify revenue-saving opportunities.
