Intelligent Text Analytics and Contract Document Analyzer

Xoriant helped a multinational company to develop an automatic legal document analyzer to analyze contract documents which helped them to improve the overall workflow efficiency by 40% and accuracy of the contract review process by 60%.

Key Requirements

• Develop an editor to upload files in different formats and view the contract
• Develop a graphical representation of the result to compare it with the original document
• Find relation among the entities extracted, for instance two parties involved in the contract, their address, contract amount, contract start date, contract end date and so on Know More >>

Key Contribution

• Built rich text editor to upload and view the contract using AngularJS and jQuery
• Designed node graph using AngularJS and jQuery to represent the entities and their relations in a much simplified manner
• Built a customized address detection algorithm using the decision making and classification algorithm to detect addresses within the contract Know More >>

Benefits

• Automating the document review process improved the overall workflow efficiency by 40% resulting in quick review cycles.
• Human errors got eliminated thereby improving the accuracy of the contract review process by 60%. Know More >>