Natural language processing automatically evaluates, classifies, and identifies key information in contracts, enabling rapid insights for thousands or even millions of documents.
Bulk contract analysis can be as manual and consuming as it is essential.
As specialists pour over documents, businesses wait for insights to guide critical decisions.
Cutting-edge techniques like word embeddings and temporal convolutional neural networks allow software to classify contracts by type (MSA, SOW, NDA, etc.), extracting key information and specific clauses.
Human analysts can process more contracts in less time.
Businesses get improved insight into their corpus of contracts enabling them to make high-level decisions with confidence.