Extracts obligations and dates from leases and licences
- Who we serve
- Private Sector
- Category
- Energy, utilities & resources
- Value
- Cost
- Human role
- Human approves every decision
- Maturity
The problem
Without land, lease & licence administration, teams in corporate & joint ventures carry this work manually, case by case, working through lease and licence documents by hand, with the cost, delay and error rate that implies.
How it works
Land, lease & licence administration extracts obligations and dates from leases and licences. The approach relies on document processing, NLP. It draws on lease and licence documents and is typically owned by teams in corporate & joint ventures. The main constraint is legal accuracy. Where the human comes in: land officers verify. It is scaled at leading organisations and piloted elsewhere; examples include Land departments at operators.
Where the human comes in
Land officers verify
What it needs
Lease and licence documents
What to plan for
Legal accuracy
In the field
Land departments at operators
Public deployments by other organizations, listed for context. Not Sphere projects.