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5 Criteria to Check

before Buying a Contract Review Tool

A must-read for intent buyers of contract extraction & analysis solutions

Automated extraction solutions bear the promise of freeing up subject matter experts from tedious and error-prone manual review tasks. AI software can easily extract agreement terms or clauses, expiration dates, and more. If their results are accurate, these solutions will add strategic value to the organization by improving efficacy, reducing risk exposure and generating new opportunities.

To maximize their benefits, one needs however to select carefully.

Read this white paper to learn more about the top 5 criteria to consider when evaluating a contract review tool:

  • Can the system identify terms and clauses with a high level of accuracy?
  • How easily and quickly can the solution be trained to meet company-specific requirements?
  • Can the system interpret and classify provisions based on meaning?
  • Does the solution allow for semantic search?
  • Does the solution easily integrate with other solutions?

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