ContractIQ

ContractIQ

Decision Engines ContractIQ product utilizes patented AI and ML Bots to empower legal and non-legal Business Teams to extract key elements of contracts, track, analyze, and manage risk during the course of the contract life.

Legacy Contract Migration

Migrate Contracts from legacy document stores with intelligent content extraction to modern document stores and CLM systems.

Contraction Execution Risk

Track key contract obligations and deliverables during the course of the contract lifecycle and eliminate risk during the execution.

Contract Digitization

Digitize existing and new contracts post-signing and create a single searchable store of contracts as well as update key systems with contract performance data.

Contract Enforcement

Tie key contract field data into other systems such as AP or AR to enforce contractual agreements such as billing rates etc.

Contract Risk Mitigation

Track deviations of clauses and field values from company standards during negotiations to optimize total contract risk.

Contract Renewal Risk

Ensure higher renewal rates by analyzing key field values and corresponding performance metrics to surface high-risk contracts and actively mitigate renewal risk.

Extract 90% accuracy for standard clauses & fields

Decision Engines ContractIQ product utilizes patented AI and ML Bots to empower legal and non-legal Business Teams to extract key elements of contracts, and track, analyze and manage risk during the course of the contract life.

Decision Engines solution is pre-trained on thousands of contracts and legal documents to automatically extract common clauses and fields from a variety of machine incompatible documents such as PDF’s and Images. The solution is 90% accurate for standard clauses and fields out of the box resulting in an immediate ROI.

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Decision Engines automate knowledge work in collaboration with your team, resulting in significant operational savings.