Smart Contract Analytics (SCA) is a comprehensive Contract Analytics platform powered by Artificial Intelligence & Machine learning. The platform provides 360-degree insights from legacy contracts and other similar documents using OCR and NLP techniques and further helps organizations extract, review and analyse critical information from executed contracts.
SCA works as an intelligent layer on top of the current contract management processes and delivers deeper visibility and insights across the contract repository.
Import Documents
Classification
Data Extract
Search
Compare
Analytics & Reports
Discover and Import Contracts from Multiple Data Sources using readily available adaptors.
Extract Key Terms, Clauses and Phrases from Contracts using OCR and NLP techniques.
Build a seamless and fully searchable Digital Contract Repository.
Derive meaningful insights, reports and analytics across the Contract Repository.
Legal Teams can do quick and efficient contract review, compare contracts and clauses with standard templates to recognise deviations.
Sales departments can get notified of expiring customer contracts during next 30-60-90 days so as not to miss any renewal opportunities.
Procurement Personnel can organize vendor contracts, understand payment terms across vendors and contracts, and identify key risks.
Finance and Operations can understand risk and handle compliance along with saving a lot of time and cost relevant to audits.
No matter how you are managing your business and your contracts, we will provide full integration with your current IT environment.
Helps organizations to bring contracts and other documents that are distributed across multiple repositories and business systems creating single source of truth.
Easy to extract key metadata and clauses from any type of legacy, third party, paper based, word, html, text, unsearchable pdfs, and images.
Legal and other authorized users can avoid the time-consuming manual and semi-automated review of contracts by only looking for the terms and language they need.
Organizations can extensively search for clauses, phrases, metadata, meta fields, smart tags including semantic or context-based search across your contracts.
You can save time by comparing your executed contracts with standard templates for deviations and also compare two executed contracts to spot the differences in seconds.
Get comprehensive analytics and reporting built on top of the contract repository.Additionally, we provide ability to build custom dashboards for insights as per organization needs.
Three Pitfalls That Can Cripple Contract Value
Join the first in a series of educational webinars to help better understand the three pitfalls which can defeat your contract management efforts:
CTO & VP of Data, AI & ML
Standav
COO
ContractRoom
To understand how Smart Contract Analytics can help you reduce your day to day contractual pain points and save your time, resources and money.
