TRANSPORTATION CONTRACT AI

“We will transform the way transportation contracts are reviewed and negotiated, making the process accurate, accessible and affordable.”

Objective.

To make contracts easy! By combining proprietary, technology-enabled contract review software, industry expertise and accessible, affordable service solutions, we will transform the way transportation contracts are reviewed and negotiated, making the process accurate, accessible and affordable.

TRANSPORTATION CONTRACT AI

TRANSPORTATION CONTRACT AI allows you to easily identify the key economic, insurance and risk related terms of Shipper-Carrier, Broker-Carrier, Broker-Shipper agreements (more to come).

Includes embedded Help Text and sample language that allow you to understand many of the complex concepts found in these common agreements and the risk they may pose to your business

TRANSPORTATION CONTRACT AI+

TRANSPORTATION CONTRACT AI+ contains all of the benefits of TRANSPORTATION CONTRACT AI, PLUS:

• A more comprehensive list of concepts

• The ability to customize settings and Help Text to your business (for an additional fee)

• Access to a document abstract that clearly summarizes found and missing provisions

• Access to additional agreement types you might commonly

Agreement Types

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Examples of Contract Provisions

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Big Deals by MLS Intralinks in Nigeria - Honeywell

I hate to say goodbye to clients after a deal but I do enjoy the successful completion of a deal. Its a chicken and egg situation.

Here is one of the deals.

Seyi Opanubi, M&A Due Diligence specialist

Big Deals by MLS Intralinks in Nigeria - Heirs Oil and Gas

I hate to say goodbye to clients after a deal but I do enjoy the successful completion of a deal. Its a chicken and egg situation.

Here is one of the deals.

Seyi Opanubi, M&A Due Diligence specialist

Case Study: Restructuring and Capital Raise for Agri-business

Client: Agri-business

Objective 1: Restructure

Objective 2: Capital Raise

The Revolution Meets the Road

AI and Transportation Contracts

The AI that we use to review contracts was developed by our technology partner. They are a cutting-edge company that was created out of Carnegie Mellon University by a group of inventive technologists. The AI used to review contracts consists of both Natural language Processing and Machine Learning. The technology uses “sifters” which are AI algorithms that are trained to read text and to look for a specific concept, for example cargo insurance. Sifters not only learn from experience, but they also improve over time—learning from their mistakes. It is amazing to watch the sifters improve over time as they are trained to read the contracts.

We offer a team that has an extensive amount of experience dealing with transportation contracts. We know what concepts are of the utmost importance and need to be identified. We also know the risk that is involved when reviewing these contracts and what could potentially happen if an important concept is missed. These contracts are long and complicated and finding people with the expertise to review them is often difficult. To solve this problem our team of experts in the transportation industry carefully developed sifters that target the most important concepts in common transportation contracts—concepts like a cap on the amount of cargo liability. Our solution makes it easier for people to identify and understand these important concepts in contracts. The software also offers help text advice and sample language for common concepts in transportation contracts. In fact, as far as we know, TRANSPORTATION CONTRACT AI is the world’s first AI software specifically intended for transportation contracts.

Assisting start-ups with raising capital

Start-up program for raising capital

Start-ups now have access to the below services for a fixed fee of £400. This is to help them with the process of raising funds.

These services usually come at a cost of thousands of pounds.

1. Due Diligence Set-up,

2. Virtual Data Room (VDRPro) and

3. Contract Management.

Select link below “Start-ups” for more information.

Start-ups

How we can help to prevent invoice fraud

An invoice fraud case study

A client received an email containing an invoice for the amount of £103k, which the client was expecting to pay. The payment wasn’t due until the following month therefore they didn’t act upon this invoice. They then received a second email following on from the original email trail with a new invoice attached advising that they were having issues with their bank account and provided new account details to pay.

The client then submitted a payment for the amount requested to pay an account held with another bank.

The client was made aware of the fraud when they were contacted by their genuine supplier who claimed that they hadn’t received the funds. The supplier confirmed that the bank details on the second invoice were not theirs.

The client's IT Team investigated to see where the email interception happened, however, the money transferred had already been moved on by the fraudsters by the time the alarm was raised.

Our approach to preventing invoice fraud

You upload invoices for recipients to our secure file sharing platform. Recipients of your invoice receive an email alert informing them that an invoice is available.

See below for snapshot from our platform. It shows an email alerting the recipient of the availability of a new file in the document exchange.

Access to an invoice is via the document exchange and not through the mailbox. Once the link in the alert email is selected by the recipient, they are directed to the document exchange to access the invoice.

This ensures that even if the email of the recipient is compromised file access is not compromised as it's through the secure document exchange the invoice is viewed and any file in the document exchange cannot be edited.

Below is a snapshot of the document exchange.

Autumn Deals at Managed Legal Services

Through our partner, SS&C INTRALINKS, we are offering amazing deals in West Africa THIS AUTUMN.

Read further for more.

Start-up Deals

Start-up seeking to raise capital can leverage our offering at a fixed rate of $500.

M&A Deals

M&A deals run through advisors can leverage our offering at a fixed fee of $1,500. Corporates can access this offering through their advisors.

Case Study - Contract Management in Agri-Business

Enterprise Funding of Agri-business

Enterprises in the Agri-business sector usually have large farms that require a range of inputs. Procurement and supply of these inputs can prove challenging in developing countries because the enterprise relies on entrusting individuals to be honest and transparent in their dealings. Both employees and third party suppliers can on occasion act fraudulently against the best interest of the enterprise.

We hope through this paper to explore some options enterprises may explore to avoid the pitfalls of fraudulent activities by either or both employees and third party vendors when funding enterprise CAPEX and OPEX. The scheme we propose the enterprise could adopt seeks to:

• Reduce the attempts at fraud usually associated with the procurement and distribution of inputs needed in the everyday operations of farms in an agri-business. Inputs such as diesel, and fertilizers and seeds for example.

• Improve the quality of products harvested, and made available for processing and/or sale.

This scheme aims to:

• Supply a fraud free system of enterprises, in developing countries, funding their agri-business operations. (Enterprises running this scheme may find it easier to procure venture capital, debt or equity funding from 3rd parties);

• Provide hardware needed to track farm produce development; and

• Track inputs supplied for farm operations throughout the produce life cycle.