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June 11, 2021

5 Criteria to Evaluate Contract Review & Analysis Solutions

More and more companies sitting on large collections of agreements and other documents recognize the importance of embracing automated review and analysis solutions. However, selecting an efficient and reliable tool that adds strategic value to the organization can be a challenge, especially when AI skills are not available.

This webinar goes through the top 5 criteria one needs to assess to make sure a contract analysis tool will improve efficacy and save time and money:

1) Can the solution identify terms and clauses with a high level of accuracy?
2) How easily and quickly can the solution be trained to meet company-specific requirements?
3) Can the solution correctly interpret and classify clauses based on meaning?
4) Does the solution allow for semantic search across documents?
5) Does the solution easily integrate with other systems?