Leverage the power of AI to automatically digitize legacy and third-party contracts
Icertis DiscoverAI helps resolve challenges in managing legacy and third-party contracts. Many enterprises today work with large volumes of legacy and third-party contracts that are often paper-based and potentially out of compliance with their current contracting standards. While these contracts may form the foundation of critical business relationships, they can also present serious risks, and are very difficult to manage compared to your own paper.
The Icertis DiscoverAI application built on the Icertis Contract Intelligence (ICI) platform addresses these challenges by using the power of artificial intelligence to automatically digitize legacy and third-party documents and accurately extract their attributes and clauses directly into the ICI platform. With the help of this app, businesses can:
- Quickly process legacy and third-party contracts at scale while reducing risk and improving performance
- Improve the accuracy of attribute and clause extraction
- Reduce cycle time and eliminate errors by automating contract review process
- Increase business velocity and avoid risks with better contact visibility
- Benefit from redlining, versioning, approval rules, and workflows
- Respond to contract queries quickly during mergers & acquisitions or throughout phased rollouts of ICI
The Icertis DiscoverAI Application offers these powerful capabilities for all types of contracts:
- Image/PDF Conversion: Automatically convert images and PDF documents into text using advanced optical character recognition (OCR) capabilities.
- Clause and Attribute Discovery: Quickly discover attributes and clauses after the contract is imported without resource-intensive manual review.
- Bulk Contract Actions: Perform bulk actions on large-scale batches of contracts as needed for regulatory changes and amendments.
- Seamless Contract Analysis: Easily include all contracts in your centralized ICI reporting and Advanced Analytics dashboards.
Learn more about DiscoverAI
- Icertis AI Applications
- Icertis Discover AI Application Datasheet
- Icertis DiscoverAI Application Demo
- Here Technology Uses DiscoverAI Application to Analyze Legacy Contracts
- Icertis Approach to AI eBook
Learn more about Icertis
The AI-powered, analyst-validated Icertis Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Contract intelligence provides the contract creation, automation, and insights that organizations need to be ready for growth.
ICI is built and runs exclusively on Microsoft Azure and natively integrates with other Microsoft cloud-based technologies, including Microsoft 365, Microsoft Dynamics 365, Teams and the Power Platform.