Product
AI Vendor Contract Review
Revolutionise the way you read Contracts with AI Assistants.
![Product screenshot](/img/screenshots/product/vendor/vendor_screenshot.png)
LIVE DEMO
Try it yourself
Click Get Started below to take a 30 second tour
Do you want to try it with your own documents?
Start your free trial today.
![Product screenshot](/img/screenshots/product/vendor/theproduct.png)
What is AI Vendor Contract Review?
AI Vendor Contract Review utilizes artificial intelligence to analyze and extract key terms from supplier and vendor contracts automatically. Algorithms identify risky clauses and benchmark agreements to reduce risk. It enables rapid contract reviews without the need for slow and manual processes. By accelerating review speed and critical analysis, AI contract review drives faster negotiations, improved compliance and lower risks. This delivers efficiency gains, cost savings and quicker contracting for procurement, finance and legal teams.
HOW IT WORKS
How does AI Vendor Contract work?
Upload your documents
![Webapp Screenshot](/img/screenshots/product/vendor/one.png)
DATA CAPTURE
Fields that can be extracted
No need to spend time training an AI Vendor Contract model from scratch - our solution already recognizes a wide variety of contract fields
![Product](/img/screenshots/product/vendor/vendor_screenshot.png)
KEY FEATURES
Why choose Cognitiv+'s AI Vendor Contract Review?
- 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
The Risks and Challenges of Bidding
Bidding can be a great way to win new business and grow your company, however it can also be a time-consuming, cumbersome task.
Marketing Team
How to Bid on Time
To win more bids, you must submit your requests on time. It's a common mistake that can cost you the job.
Marketing Team