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Home > AI for Supply chain > Automate Procurement Contract Inspection

Procurement Contract Inspection

Contracts are one category of enterprise documents that are very complex to manage. They carry legal terms, obligations, holes, and clauses that could increase the risk exposure for firms. AI can streamline the end to end contract management process in terms of 1. Auto-extraction of key obligations like important Contract Dates, Party names, Contract Types, Contract Value , Force Majeure, Termination clauses and much more. 2. Identifying Risky clauses and recommending alternatives 

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2. Know More

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Data Sets

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Contract Understanding Atticus Dataset (CUAD)

A Corpus of 13,000+ labels in 510 commercial legal contracts that have been manually labeled under the supervision of experienced lawyers to identify 41 types of legal clauses that are considered important in contact review in connection with a corporate transaction, including mergers & acquisitions, etc.


Off-the-Shelf Products using AI for Contract Inspection

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