Engineering
AI Contract Management
Leveraging Large Language Models to accelerate data entry with contracts
E
Engineering
Product
AI Clause Extraction
Revolutionise the way you extract Clauses with AI Assistants.
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THE PRODUCT
What is AI Clause Extraction?
AI Clause Extraction leverages natural language processing to automatically identify and extract legally relevant clauses from contracts and documents. Machine learning models analyse structural patterns in contractual language to accurately tag and pull out key clauses related to payments, liability, termination etc. This builds clause libraries to reveal trends across an organization’s contract portfolio to enhance negotiations, compliance, and risk management. Ultimately, AI clause extraction brings structure to contractual terms and provides data-driven insights to manage rights and obligations at scale.
HOW IT WORKS
How does AI Clause Extraction work?
Upload your documents
DATA CAPTURE
Fields that can be extracted
No need to spend time training an AI Clause Extraction model from scratch - our solution already recognizes a wide variety of invoice fields
A:
Acceleration Acknowledgement Acts of God Addendum Additional Insured Additional Provisions Additional Rent Agreement Not to Sue Alternative Dispute Resolution Amendment Amortization Annual Incentive Plan (AIP) Bonus Arbitration Assignability Assignment Assumption Agreement Assumption of Liability Attornment Audit Automatic Termination
KEY FEATURES
Why choose Cognitiv+'s AI Clause Extraction?
- Unlock data from any source
- Access and consolidate information from various sources, including images, PDFs, scanned documents, paper files, docx, and other formats, with the option to integrate with existing systems through APIs.
- Achieve exceptional accuracy
- Benefit from our advanced OCR and Vision technology, which has undergone extensive testing and training on vast volumes of documents, ensuring precision and dependability in data extraction.
- Streamline processes and operations
- Establish effortless workflows that automate data transfer, formatting, validation, approvals, exporting, and integration, minimizing the need for manual intervention and maximizing efficiency.
- Optimize resources
- Minimize the time spent on laborious manual tasks and eliminate costly data entry mistakes, freeing up resources and enhancing profitability.
- Seamless integration
- Connect your current business tools with Cognitiv+'s API and tailored integration services, facilitating automatic data sharing, storage, document management, and more across platforms.
- Boost productivity
- Transform your organization's output by leveraging Cognitiv+ to manage non-core functions, empowering your team to concentrate on key responsibilities and increasing overall efficiency tenfold.
Welcome to AI Efficiency Boosts!
Lightning-fast document review and analysis.
- Productivity Boost
- 7x
- Reduce in document review and processing time
- 90%
- Decrease in costs
- 80%
- Increase in processing accuracy
- 25%
EXPLORE
Relevant blog posts
Marketing Team
Reading Contracts Tips for Non-Legal Professionals
Contracts can be used to protect your interests, define the terms of an agreement, and resolve disputes, but can also be complex and challenging to understand, especially for non-legal professionals.
M
Marketing Team