Scio Products

Scio’s current leading application in contract management and analytics is the Lease Manager.  Regardless of the type of lease (Office Lease, Industrial Building Lease, Shopping Center Lease, etc.) or the phraseology, Scio’s Lease Manager enables property owners, building managers and other real estate professionals to stay fully informed about their entire portfolio of leases and any individual lease.

The enormous value of the Lease Manager software is its ability to precisely understand what it has read.  And because the system understands what it has read, it is capable of performing almost any required detailed analysis.

Scio’s Lease Manager enables:

• Automatic extraction (auto-loading) of contract terms from the original document (free text) into structured formats (databases, Excel spreadsheets, word summaries, XML, etc.);

• Interrogation of contracts using free phrased questions, such as definitions or inquiries into the usable meaning of wording and terms;

• Automatic calculation of contracts’ business and financial values, such as rents, proportional expenses, etc.;

• Assessments of the completeness of contracts by flagging inconsistencies and warning of missing definitions and clauses; and

• Cross-lease analysis (e.g. same building, same tenant, Right of First Refusal, Common Area Management, etc.).

The extraordinary value of Scio’s Lease Manager resides in its automatic and accurate understanding of real estate leases. Currently, such functions require tedious and intensive investment of valuable time by lease abstractors, property managers, lawyers and others.

A glimpse at Scio’s Lease Manager

Other products in development:

• License Management

• Loan Abstraction

• Procurement and Sales compliance