Contract Analysis is the automated discovery of information contained within contract documents.
It allows Legal teams to review key clauses, terms and phrases that may impact benefit realisation.
Analysis can be time-consuming depending on how many contracts are within an organisation.
Contract management software like Gatekeeper can help streamline analysis with the use of Machine Learning and Natural Language Processing.
This AI-driven approach helps organisations to break down their contracts, categorise them and understand the value of different contents.