ktMINE now has two leading-edge products for benchmarking your transactions: Benchmark +AI App and Benchmark MCP.
Both simplify your ability to find accurate and complete data to support your transfer pricing projects. Each harnesses AI to improve your research process, retrieving comparables and global transaction insights.
Eliminate transaction search guesswork
The Benchmark+AI App’s Search Builder removes the search difficulties found in other products, letting you use simple language to craft the perfect query, rather than getting bogged down in trial-and-error search strategy.Â
The Search Builder uses ktMINE’s data repository as its guide to provide the filters and keywords most likely to produce your desired results, including ones you may have missed otherwise. This approach closes the gap between your intentions and the exact data slices you need. Hours spent guessing at the best keywords, IP types, or industry categories can instead be spent on analyzing the exact results you need.
On top of this, searches produced by the builder are repeatable and can be saved to defend against audit and for easy update. Combined with the ktMINE Benchmark+AI app’s other tools, including AI Search, AI Chat, Project Features, and expanded data, the Benchmark MCP frees your team from needing to learn dozens of new tools just to get the answers you need from the sources you trust.Â
Bridge between your expertise and the answers you need
The Benchmark MCP gets the right data into your chosen AI tool. For any firm building their own internal workflows, ktMINE’s Benchmark MCP is the only tool on the market that lets you feed your system with accurate royalty insights.
In developing this MCP, we saw an opportunity to integrate AI with our repository of validated IP data. We focused on weaving our cleaned and vetted data into a tool that provides a simple, yet consistent, workflow experience.Â
How to use Search Builder
Step 1:Â
Take your own description of the transaction you are looking for. This can be a single sentence or an entire description lifted directly from your clients and interviews.
For example: “I’m looking for patent licenses related to Diabetes Medication.”[/vc_column_text][/vc_column][/vc_row]
Step 2:Â
Hit Enter and let the Search Builder do the work for you.
Instead of trying to figure out what filters would best encapsulate this query, the AI Search Builder lets you get started immediately, taking your natural language and translating it into a search strategy using ktMINE’s available filters. Depending on the input, the Search Builder will determine which filters available would most accurately translate the query posed.Â
In the example, the builder identifies “Manufacturing/Process Intangible” to narrow into patent-focused licenses. It correctly marks this as a search within the industry of “Healthcare: Pharmaceuticals” due to the need for medications.Â
Finally, it provides a list of keywords to help narrow into the area of “Diabetes”, including terms not directly named in the original query such as “Insulin Therapy”.
Step 3:Â
Modify as needed.
After the Search Builder creates the foundation for your search, use either the Editing or Narrowing Functions to apply or remove additional filters as you see fit.Â
If you would like to expand your parameters, use the Semantic AI search to add keywords associated with the ones already being applied; or use narrowing filters to further limit the contents of the search.
Ultimately, AI Search Builder was designed with our users in mind. It’s intended to get current and new users up and running faster than ever. By reducing guesswork needed to begin a search, they will spend less time querying and more time reviewing the most relevant data.