ACL Digital Empowered Contract Intelligence and Transformed Document Processing with AI-Powered Precision
Overview
To meet the growing demand for rapid and precise contract analysis, a client sought an AI-powered solution to analyze legal contract documents and integrate them within their existing platform. The goal was to use AI to accurately extract critical details—such as contract dates, ownership information, and contract types—while identifying various predefined contract provisions from uploaded documents. They needed a solution capable of high-volume processing with high accuracy to enhance the efficiency of their contract management process.
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Challenges
High Precision Requirements
Accurately extracting over 120 specific data points per document with minimal human oversight
Volume Management
Enabling simultaneous processing of multiple files to handle large volumes efficiently
Scalability Needs
Building a system that could scale alongside the company’s growing document processing demands
Cloud Deployment
Ensuring the solution was deployed on a reliable and scalable infrastructure for optimal performance and uptime
Benefits
Increased Processing Efficiency
The AI-powered system reduced processing time to 5 minutes per contract, accurately extracting around 120 details per document
Reduced Human Intervention
Automated data extraction minimized manual effort, allowing analysts to focus on higher-value tasks
Faster Turnaround
With efficient processing and rapid analysis, the client achieved quicker document review, expediting decision-making
Scalability
The solution’s modular architecture and AWS deployment ensure it is ready to scale with future growth and demand
Benefits
Increased Processing Efficiency
The AI-powered system reduced processing time to 5 minutes per contract, accurately extracting around 120 details per document
Reduced Human Intervention
Automated data extraction minimized manual effort, allowing analysts to focus on higher-value tasks
Faster Turnaround
With efficient processing and rapid analysis, the client achieved quicker document review, expediting decision-making
Scalability
The solution’s modular architecture and AWS deployment ensure it is ready to scale with future growth and demand