SAN JOSE, Calif. (PRWEB) May 16, 2018
Cloudely today announced the availability of Intelligent Document Import that classifies, analyzes and extracts attributes and clauses from legal documents to Contract Management repository such as Apttus. The solution will enable organizations to easily migrate any number of legal documents from file sharing folders, emails and/or existing systems. The solution will precisely extract information from legal documents and automatically create agreement/contract record in Contract Management System - either using offline for bulk legacy migration or real time for documents received from vendors/suppliers/customers.
Cloudely Intelligent Document Import is powered by technology from Infinote, a global leader in Artificial Intelligence for Documents that can read like a human, and scale like a machine.
Most Organizations today rely on manual process to bring their most critical data from the legal document to centralized contract management system - or they don't do it at all due to laborious effort - preventing them from gaining visibility into their legal and commercial obligations, hiding potential risks and revenue leakage from company leadership.
With Cloudely Intelligent Document Import, powered by Infinote AI for Documents, organizations can now make legacy contracts more accessible, accurate and relevant than ever before. It also brings efficiencies and productivity for any organization's legal time including:
- Classifying and identifying document type
- Analyzing the content of the document
- Segmenting the document into terms, obligations and clauses
- Extracting key facts and attributes from the document
- Storing the data into Contract Management System
Cloudely is the leading independent provider exclusively focused on Quote to Cash solutions such as Configure Price Quote (CPQ), Renewals, Contract Management and Billing/Subscriptions. With a unique blend of expertise in quote to cash business processes and technologies, Cloudely is redefining enterprise services with innovative, award winning programs and methodologies helping customers transform their businesses. From assessing strategic business & technology needs to implementation, customization, training and support & maintenance, Cloudely has successfully completed several projects for global enterprises in various industries. To learn more, visit http://www.cloudely.com
Infinote is an Artificial Intelligence for Documents that automates operations. It reads documents like a human with the scale of machines. Infinote deploys 8x faster and has a 400% ROI. Fortune 500 companies use Infinote for Contracts Analytics, Regulatory Compliance and Data Reconciliation. Infinote can be used on the cloud as well as on-premise, and can seamlessly integrate with enterprise workflows. Founded in 2011 in the Silicon Valley and funded by Nexus Venture Partners, Infinote was ranked as a ‘Cool Vendor’ by Gartner in 2016. For a test-drive, visit http://www.infinote.com