ABBYY Text Analytics for Contracts

Automatically discover insights from your contracts to accelerate time-to-value.

ABBYY Text Analytics for Contracts understands documents just like you do, to unearth insights critical to decision-making. It incorporates advanced classification, entity extraction and uses Natural Language Processing (NLP) to understand contract semantics, identify specific clauses, sections and obligations and contrast, compare and analyze contract language through configurable clause libraries.

Leveraging context in contracts and other sectioned documents

Understanding the structured meaning of business-critical documents provides the direct connection with business-critical processes – again the ones that drive revenue, reduce risk, or both.

The documents include:

  • Contracts (Master Service Agreements, NDAs, etc.)
  • Commercial leases
  • Commercial casualty or property insurance policies
  • Regulatory filings;
  • Utility easement agreements
  • Portfolio Risk Analysis
  • GDPR Compliance
  • M&A Transactions
  • FASB ASC 606 Revenue Recognition Analysis

Unlock the intelligence from business-critical documents
using advanced linguistic and AI technology

ABBYY Text Analytics for Contracts puts the power of ABBYY’s full portfolio of language-based technologies to work for you, to make your work easier and your decisions more informed.

  • ABBYY’s industry standard Optical Character Recognition (OCR) painlessly creates searchable PDFs as part of the process of text extraction for systems of record.
  • Advanced Natural Language Processing (NLP) capabilities automatically identify and extract commitments, obligations and other terms from specific sections of contracts and leases.
  • ABBYY’s powerful classification systems automatically identity document types and logical sections from contracts and leases.
  • ABBYY Text Analytics for Contracts automatically designates appropriate workflows and clause, classification and extraction libraries to for accurate, granular extraction.
  • ABBYY Text Analytics for Contracts provides confidence scores for OCR quality as well as variance metrics when comparing clauses to increase the efficiency of review and analysis.

Snap-in modules and configurable workflows work for you, the way you want,
to identify the intelligence critical to your business processes.

Rigid, pre-defined systems make you change the way you work to fit their requirements. Our modular, configurable service puts the power of ABBYY analytics to work for you, your way.

  • "Snap-in” micro-service modules utilize ABBYY’s leading language-based technologies as well as third-party technologies and services.
  • Built-in machine learning feedback increases the service’s accuracy when identifying terms, obligations and commitments.
  • Customize document processing as well as n-tiered review and analysis workflows for your specific project needs.
  • Deliver higher throughput and faster analysis to meet your specific needs.

Learn more

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