Contract Risk Analysis

Scans contracts for function-specific provisions and non-standard terms in finance and procurement.

Business impact

• Review cycle time — Not reported as a number, but the assistant is positioned to speed contract review by scanning terms automatically.
• Issue detection in contract review — The assistant is used to identify function-specific provisions and non-standard terms.

Data requirements

• Contract text (text) — The assistant scans contract language for specific provisions and non-standard terms.

AI methods and techniques

• Document analysis — Used to read contracts and identify provisions and terms for review.
• Anomaly detection — Used to flag non-standard terms against expected contract language.

Industries

Real-world evidence

1 documented case study on record.

Companies using this: Adobe.