Watson
Streamline contract management with Watson AI
January 21, 2019 | Written by: Anders Quitzau
Categorized: Deep Learning | Watson
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The intensive nature of managing procurement contracts is so well-known that it’s almost invisible. Yet it’s still costly. Firms can lose as much as 40% of value in a given deal as a result of inefficient contracting. There’s a solution. Watson Compare & Comply helps businesses streamline contract management.
Watch the video below to see how:
Compare & Comply helps businesses streamline contract management, freeing review teams to find gaps, take action and add more value in less time. Compare & Comply identifies headings, bullets, tables and text using deep learning without losing track of relationships. Then it applies semantic analysis to understand the context of contract elements like obligations, rights and parties, whether those words are present or not, making complex legal text easily searchable and allowing teams to compare documents in real time.
Click here, to learn more about Watson Compare & Comply … and empower your teams to act at the speed of data.
For any further questions do not hesitate to contact me at: andersq@dk.ibm.com
Research & Innovation Executive, IBM Research - IBM Watson
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