An SME Connect introduction between retail leasing specialists LeaseInfo and CSIRO’s Data61 has revolutionised commercial lease abstraction.
Expense and time associated with manual lease management
Lease management involves coordinating vast amounts of documents and data on the accounting, administrative and legal requirements associated with the rental and maintenance of properties and other assets.
Currently this is a largely manual process, which is both expensive and time intensive. With advances in technology, the time is now ripe for automation.
Development of Accurait® software
The partnership resulted in the development of Accurait®, a new software that seamlessly reads lease contracts and scanned data. The business is continuing to evolve the product through an SME Connect facilitated STEM+ Business fellowship with Data61.
Automated contract reading technology redefines the way businesses manage leases
Accurait® is redefining the way businesses manage leases. The revolutionary technology stores key information in a database and allows tagging and linking of information across different documents which can then be exported to other management platforms.
The automated process that uses highly advanced contract reading technology, saves time and money, and reduces the risk of error. LeaseInfo has now acquired over 20 new customers and has been selected by the world's largest lease management systems company as a preferred supplier of the value added service.
Find out more and apply
- Program Eligibility and Guidelines PDF (73 KB)
- Program Eligibility and Guidelines - text version TXT (11 KB)
- Expressions of Interest form DOCX (119 KB)
For more information and to apply, please get in touch with our CSIRO Kick-Start Program team: