Icertis and SAP deliver Contract Intelligence embedded in SAP solutions with one UX and out-of-the-box integrations.

InsightsAI

Make Better Business Decisions with Fast and Intuitive Contract Summaries and Analysis

Unlock the power of contract data with InsightsAI. Instantly analyze contracts, reduce legal risk, and make better business decisions with AI-driven insights and summaries.

Missed Opportunities

Contract Data Locked in Dense, Legal Language

To manage the speed and complexity of today’s business environment, organizations need deep business insights to support decision-making. Contracts contain critical, unique information found nowhere else in the enterprise, yet contract data has historically remained locked in dense legal language that is difficult to review and understand. This can create value leakage at the negotiation table and missed obligations throughout the relationship.

The Solution

InsightsAI: Empower Every User with AI-Driven Contract Clarity

The InsightsAI application delivers instant analysis and summaries of single contracts or batches, enabling organizations to operate from a position of strength.

Through simple, natural language queries, both legal and non-legal users can access the contract information they need (e.g., “When does the contract expire?”). To access insights even faster, users can leverage pre-defined questions based on their job roles and the contract type or use in-document references for responses to their queries.

Benefits

InsightsAI: Transform Legal Reviews with AI-Driven Insights

InsightsAI accelerates legal reviews, reduces risk, and improves productivity by delivering instant contract summaries and deep insights through natural language interaction. Legal and business users can analyze multiple contracts at once, quickly identify key terms and risks, and streamline workflows for better contract outcomes.

  • Accelerated Legal Reviews

    Provide instant analysis and summaries of contracts to expedite legal reviews. Enable legal teams to quickly identify key contract terms and obligations, thereby reducing the time spent on manual reviews.

  • Proactive Risk Mitigation

    Identify potential risks and contract deviations, ensure compliance, and protect the business from legal and financial repercussions.

  • Enhanced Productivity

    Engage conversationally with contracts to uncover insights, optimize business processes, capture value, and increase productivity by streamlining workflows.

  • Bulk Analysis Capabilities

    Analyze multiple contracts simultaneously and generate comprehensive reports, identifying trends and potential risks across the contract portfolio.

Features

How It Works

InsightsAI utilizes generative AI to deliver instant analysis and summaries of contracts. Users can easily access crucial contract information through simple questions and prompts. The application examines the contract, amendments, and related documents, provides answers and document references.

  • Analysis and Summarization

    Summarize documents in real-time, synopses can be added to review workflows, and published for download.

  • Review Process Accelerator

    Accelerate reviews and exploration with configurable insights. Analyze contracts in bulk and produce scheduled Excel reports.

  • Pre-built Conversational Assets

    Gain insights through configurable questionnaires by contract type, specifying which contract envelope to query for documents.

  • Conversational User Experience

    Interact with contracts using natural language queries and pre-defined questions for efficient navigation.

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