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Monitor custom log files out of the box or should I just use Splunk?

I have an off-the-shelf application that writes to a non-Windows Application log location.  The location is similar to C:\ProgramData\AppName\ModuleName\ModuleNameLogs.  How can I parse these logs and look for keywords in order to trigger some alerts without having to use Perl, Powershell, etc?  Can SAM or LEM do this or should I just use Splunk?