Better productivity with enhanced AI applications
All commercial contracts contain critical data on an organization`s obligations, rights, remedies, and rules. However, this data is unstructured and therefore difficult to parse and leverage at scale. With the help of AI capabilities, contract information can be structured into intelligent insights and used to reduce business risks efficiently and increase economic value for the organization.
Icertis consistently focuses on upgrading its robust AI capabilities to meet the changing demands of the market and to provide organizations strategic advantage. The latest release augments the Optical Character Recognition (OCR) technology embedded into ICI to read wet signatures and rubber stamp prints on physical documents.
This release also improves contract discovery and digitization capabilities to more accurately identify clause boundaries based on clause titles.
For our AI Studio users, the 7.17 release enables you to access comprehensive insights that take into account all associated documents and amendments along with parent agreements.