ABBYY Text Analytics for Contracts is a managed service that automatically discovers insights from contracts to speed content migration, obligation analysis and risk mitigation. Human-like understanding of contracts and leases using advanced linguistic and AI capabilities lets users speed read contracts by pinpointing sections, clauses and entities. Customers leverage ABBYY Text Analytics for Contracts modular micro-service, cloud-based architecture to customize processing capabilities as well as discovery, review and analysis workflows.
Connecting business documents to business value
Reduce time-to-content
Identify and migrate relevant sections from contracts, leases, regulatory filings and more – that other systems cannot.
Automate time-to-decision
Focus on the facts from contracts and leases using advanced NLP technology to manage obligations.
Accelerate time-to-compliance
Analyze variance and risk between contract sections and clause libraries.
- Transform stored documents into business-critical assets.
- Empower your CLM through automated section identification and classification powered by human-like understanding.
- Connect business intelligence in your documents to enterprise systems that drive your business.
- Provide enterprise decision-makers the business intelligence they need.
- Utilize workflows that work how you want them to – not the other way around.
- Snap in modules when you need them, including ABBYY industry leading technologies and third-party tools.
- Assess compliance with specific regulatory sections, articles and requirements.
- Identify compliance shortfalls that need to be addressed in your GRC and compliance guidelines.
- Identify commitments that need to be honored in the event of a crisis, for example, a data breach notification.
Service сapabilities
Managed service
Leverage ABBYY Text Analytics for Contracts’ modular, extensible, and scalable architecture, which provides flexible micro-service based workflows for document processing as well as discovery, review and analysis to accelerate time-to-deployment and customer time-to-value.
Content migration
Action contract-based information within Contract Lifecycle Management systems and other enterprise business processes.
Obligation analysis
Take advantage of how ABBYY Text Analytics for Contracts understands contracts and leases just like you do to automatically identify the terms, clauses and commitments that previous solutions could not – connecting contracts to critical business processes that drive revenue, reduce risk, or both.
Compliance & risk analysis
Manage and mitigate your obligations and risks, before something goes wrong, based on compliance analysis that identifies gaps and obligations that need to be fulfilled in the event of a crisis.
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