Compliance officers
Standardize document checks and build reviewable outputs across policies, clients, vendors, and obligations.
Compliance
Ensuring Transparency, Risk Mitigation, and Legal Alignment in Your Operations
TextMine helps organisations effortlessly evidence their compliance by streamlining the verification of business-critical document data using AI.
Compliance without AI is not scalable
Compliance typically involves manual verification of documents and manual data entry into a spreadsheet or a third party system. As a result, compliance is a bottleneck due to the limited bandwidth of the teams manually verifying information from documents.
Compliance with TextMine
TextMine leverages cutting edge, self-hosted large language models to automatically categorise documents and extract their key data points. This allows compliance teams to focus on the interpretation of the data and accelerate the processing of compliance tasks 10x faster.
Compliance use case
TextMine solves a wide range of compliance use cases ranging from KYC, contract compliance, ESG compliance and risk management.
Faster and more accurate KYC with TextMine
TextMine can process incorporation documents and company filings such as confirmation statements, 10-Ks and 20Fs in order to help KYC teams conduct their due diligence on new clients or vendors.
Verify legitimate spend:
Does this invoice correspond to a contract? Do the payment terms align with what was agreed in the contract? TextMine allows you to answer these questions in seconds.
Employment compliance:
Do I have a gender pay gap?
Do I have gaps in the underlying legal terms between my female and male employees?
Contract Renewals
Have my NDAs expired? Do I need to renew them before I speak to the recipient of my confidential information?
20/05/2019
19/06/2019
19/06/2021
22/02/2022
24/04/2022
14/12/2023
01/01/2024
Timeline of renewals
Windows to exercise break clauses
Expiration
Risk management:
What are my obligations, what is my total liability across my client contracts?
Do I have any contracts in this jurisdiction? If yes, do I need a new insurance policy?
Personas and use cases
Standardize compliance evidence from collection to audit trail
Compliance teams need repeatable checks, clear ownership, and evidence that can stand up to review. TextMine helps teams collect documents, extract the right obligations and controls, review exceptions, and maintain an auditable record of outcomes.
Control owners
Collect and inspect supporting evidence for controls, attestations, and remediation work.
Internal audit teams
Trace findings back to source documents, reviewer decisions, and resolved exceptions.
Common compliance workflows
Control evidence collection
Gather, classify, and review documents that support control operation and testing.
Policy and obligation checks
Extract obligations, restrictions, reporting duties, and policy-relevant facts from source material.
Exception review
Route missing, inconsistent, or high-risk findings to the right reviewer before sign-off.
Audit-ready reporting
Maintain reviewed records and source evidence for audits, governance packs, and management reporting.
Answer critical questions about your documents with TextMine!
Effortlessly organise and categorise your documents for seamless document management.
