Merlin Contract Discovery
Intelligent solution to identify, extract and analyze contractual data
Accurately capture contract metadata using artificial intelligence
Intelligently capturing metadata elevates contracts from simple documents to actionable devices to mitigate risks and plug revenue leakages. It allows contract information to be aggregated, interrogated and to be made actionable. Therefore, it’s vital that the right information is captured up front into your solution.
Merlin Contract Discovery automatically reads, extracts and interprets critical business information from large volumes of contracts. This enables customers to automate manual processes and provide a high degree of efficiency and process compliance.
Specifications
Quick Searchability
Accurately pin-point relevant information from large volumes of contracts by filtering search results based on metadata
Accurate Data Capture & Reporting
Accurately read, extract and analyze relevant information from contracts
Prompting timely action
Use extracted and captured metadata from contracts to trigger action as required
Compliance Status Capture
Single view of all relevant vendors & respective documentation shared
Reduce cycle time
Fast contract creation & reviews. Quick negotiations with real time app-based alerts & updates.
Achieve Savings
Turn expense exhausting tasks into profit centers
Merlin Contract Discovery Helps Fulfil Your Business Objectives
Strategic Goals
- Faster on-boarding with personalized system training
- Accelerated decision making
- Quicker contracting with efficient negotations
- Increased data integrity
Operational Goals
- Efficient contract drafting
- Reduced human errors in data capture
- Increased data traceability
- Streamlined processes
- Optimal use of unseen contract data
- Automated updates during contract red-lining
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