Nia Contracts Analysis
Nia Contracts Analysis utilizes advanced Machine Learning techniques to transform the process of analyzing and reviewing contracts.
Transform your business with cognitive contracts digitization and analysis platform
Enterprises enter into contracts with multiple stakeholders across multiple departments in their day-to-day operations. The complexity of analyzing contracts spans thousands of pages with various data-points, multiple clauses, varying price-points and time durations. This is further compounded by the complex hierarchy between the contracts, their sub-agreements and associated documents which continuously change over time. Nia Contracts Analysis utilizes advanced Machine Learning techniques which applies different kinds of learning: vision-based, semantics-based, language sequence based to transform the process of analyzing and reviewing contracts.
Understanding contracts with Nia Contracts Analysis
Nia Contracts Analysis utilizes advanced Machine Learning (ML) techniques to automate contracts extraction, risk analysis and review of unstructured contracts. It acts as a single source of truth to answer any kind of contracts related information by using the following:
Key Features
Precise sentence extraction from clauses
Editable extractive summary with entity highlight
Precise table extraction of all kinds
Auto-detection of discrepancies
Continuous learning from human inputs
Workflow-powered quality check of predictions
Link connected contracts
Contract comparison to assess risks
Natural language querying
Key Benefits
Use Cases
For Legal
For HR
For Finance & Accounting
For Helpdesk
Recognitions
– Finalist in Best Innovation under Corporate Innovation in AI – The AIconics awards, London 2019
– Finalist in Best Innovation under Deep Learning category – The AIconics awards, London 2018
– Major contender in Intelligent Document Processing (IDP) Technology Vendor Landscape in Products PEAK Matrix™ Assessment 2019
– NASSCOM AI Game Changer Award, 2018 for Innovative Application in ML
Customer Testimonials
“EdgeVerve brings powerful processing to our platform with a solution that is already a leading product in the global RPA market. Where most providers utilize RPA in place of API to patch a broken and inefficient process, EdgeVerve delivers critical business functions such as massive document validation, which automates supplier management, and accelerates manual processes through digital transformation. The Nia AI platform collaboration with the JAGGAER ONE platform delivers sophisticated and industry leading automation to resource intensive functions.”
– Zia Zahiri, CTO of JAGGAER
“I would like to thank all people involved in the development of the AI Contract Analysis system. I think we have made a very useful and user-friendly tool.”
– Manager, Multinational Conglomerate
“Infosys has done a very good job in taking a concept, vision for labor agreements, that we had a very vague idea about and achieving current state where the system us ready to be used by expert users in 4 – 5 weeks. We are no longer terrified about Artificial Intelligence.”
– Director, Multinational Pharmaceutical Company
“We went through this project with a very good team spirit and agile methodology. Infosys team has adapted very well to our HR reality and organization. They have well understood our needs and have been able to translate it technically.”
– Manager, Multinational Pharmaceutical Company
Case Studies
Resources
