Our client, a global semiconductor and technology solutions leader, leads numerous product segments through the combination of their acquisitions. The client’s legal team was faced with processing historical customer contracts — manually reading and analyzing a random sample of key contracts to generate a representative assessment of potential risks/opportunities. They were thus looking for an AI-powered contract analysis solution that leverages advanced techniques like natural language processing (NLP), computer vision, and machine learning (ML) capabilities to:

Accelerate the contract review process, enabling legal teams to accurately understand the terms & clauses

And determine the risk exposure in those contracts

With Document AI, the client was able to process the historical load of 30K+ customer contracts in nearly one week!

Download the case study to learn how EdgeVerve AI Next helped the client process new contracts automatically without human intervention, improving workforce productivity by 70%.