OEM and Supplier Contract Analysis & Comparison
In your company, Framework contracts of OEM customers have to be reviewed regularly and with a high manual effort. In most cases, the content to be reviewed is similar. The problem is that every contract is worded and structured differently, which makes automation impossible.
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In our library, you can define content for which new incoming contracts should be checked. semantha® finds the passages based on the meaning, independent of the word choice and completely without “training” with your data. This way, the appropriate response is quickly found for every submission.
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Using our Compare, you can compare previous correspondence with new incoming correspondence. semantha® shows you which contents match and which contents are missing – out of the box and without time-consuming training with your data.
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In addition, you can use our Compare feature to compare different versions of a contract. semantha® shows you which contents have remained the same and which areas have been changed or removed completely.
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With our data extraction, you can easily extract relevant data points from documents and process them further. The combination with semantha’s® natural language understanding is particularly helpful, as it allows you to find and extract data points in specific contexts.
