The COVID-19 pandemic has impacted businesses across the globe and we are seeking ways to support our customers with our range of tools and services at EdgeVerve, a subsidiary of Infosys. One of the critical areas where our customers are getting impacted is around contractual risks.
As a result of COVID-19 being declared a pandemic, Force Majeure is likely to be triggered for all procurement and sales contracts. Once triggered, it excuses contracting parties from contractual obligations and liabilities while they are prevented from performance (either completely or sometimes partially). This will result in multiple amendments and contract rescheduling that might put your business at risk.
Mitigating Contractual Risks due to Force Majeure with XtractEdge Contract Analysis
To help our clients understand the risk to their business from the Force Majeure clause in their contracts and their applicability during the COVID-19 crisis, we have created a XtractEdge Contract Analysis solution. Click here to know more about XtractEdge Contract Analysis.
XtractEdge Contract Analysis solution backed by 500+ legal AI experts, our deep Industry domain expertise and our advanced AI & ML technology stack can help:
Digitize and identify all Force Majeure and similar contracts quickly and accurately
Enable you to take an appropriate action and mitigate contractual risks with respect to COVID-19
Digitize and identify all Force Majeure and similar contracts quickly and accurately
Enable you to take an appropriate action and mitigate contractual risks with respect to COVID-19
Our team is ready with the XtractEdge Contract Analysis solution and is eager to showcase it for you. If you want to see it in action, please fill up the below form to request a callback:
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