Legal
❯
Contract Management
❯AI contract management
AI contract management
For:
Procurement department, legal department
Scope:
Building an AI contract management solution for automating business processes
related to documents: data classification, automatic data extraction and contract
monitoring.
Goal:
Other
Semantic analysis of legal documents
For:
Legislative institutions, management institutions
Scope:
Semantic analysis of legal documents in the course of their development,
verification and improvement.
Goal:
Other
AI contract management
For:
Procurement department, legal departmentGoal:
OtherProblem addressed
Creating 0 solution that is able to standardize the contract management process,
improve the quality of work on problematic contracts and claims, and optimize
lawyers working process and relieve them from routine tasks.
Scope of use case
Building an AI contract management solution for automating business processes
related to documents: data classification, automatic data extraction and contract
monitoring.
Description
Its a platform for automatic reading and analysis of legal
documents, and extraction of data with an astonishingly high
level of accuracy.
Based on the extracted data automatic contract monitoring
and execution can be performed.
The following features of AI contract management can be
highlighted:
structured digital documents archive;
hierarchical chain and connections of all documents in
relation to the primary document, whether it is a
contract, order or anything else;
monitoring and control of key contract terms;
creation of all necessary documents: notifications,
claims, etc;
auto filling the required ERP systems with relevant data.
Text
AI: Perceive
NLP
AI: Understand