In the world of business, contracts are a critical component of any organization. They serve as the legal agreements between two parties, laying out the terms and conditions of their relationship. However, as businesses evolve and grow, they may need to migrate their contracts from one system or platform to another. This is where Contract Migration comes into play.

Contract Migration refers to the process of transferring contracts from one system to another. This can be a complicated and time-consuming process, particularly for larger organizations with many contracts. To make the process more efficient, businesses can turn to Decision Engines’ prebuilt connector bots, which provide Contract Migration automation.

The way Decision Engines’ Contract Migration works is by leveraging their prebuilt connectors to extract the data from the source system. The connectors can be configured to extract the necessary fields and data points, such as contract details, parties involved, and contract dates. The extracted data is then transformed and mapped to the target system’s data fields, ensuring that the data is accurately migrated.