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Challenges

One of the largest multi-national conglomerate company headquartered in Japan.

  • Value chain integration division spends months of time and effort dealing with tons of vendor contracts(buyer suppliers) throughout the year right from drafting stage to negotiations to approval to reposition.

  • They need to summarize these contracts by extracting business critical information like obligations, warranty, compliance, timeframes and so on as well as identify risks in each of the contract.

Solution provided

  • Infosys Nia Platform was proposed.

  • Neural network based knowledge model.

  • Risk identification solution based on extracted entities.

  • End user interface summarizing the contract with the capability to compare 2 or more contracts.

Key Benefits

  • Early risk identification and mitigation

  • Reduced legal costs and manual efforts

  • Increased legal bandwidth Improved staff productivity

Case Studies

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