The Challenge
Manual review and analysis of contracts is time-consuming, error-prone, and resource-intensive.
Critical rules of business are memorialized in the contracts that govern business relationships. However, due to the dense, legal language used in contracts, these rules are difficult to review and analyze at the speed of business. This makes it difficult to respond quickly to business needs and manage business performance via the powerful levers built into contracts, such as price adjustments, rebates, and risk and compliance measures.