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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 >>