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:
With XtractEdge, the client was able to process the historical load of 30K+ customer contracts in nearly one week!
Download the case study to learn how XtractEdge helped the client process new contracts automatically without human intervention, improving workforce productivity by 70%.