Artificial Intelligence - Brightleaf Solutions, Inc.

Preparing Your Contract Data for Generative AI

Imagine a world where artificial intelligence (AI) streamlines your contract management, automates tedious tasks, and empowers you with deeper insights into your agreements. Sounds futuristic, right? Not anymore. Generative AI, a powerful branch of AI, is revolutionizing how businesses handle contracts. But here’s the catch: to unlock this transformative potential, your contract data needs to […]

Preparing Your Contract Data for Generative AI Read More »

CEO Blog 8: What are the best practices for legacy contract migration/data extraction?

Not sure where to start? We’ve curated the best legacy contract migration/data extraction practices to get you started It’s important to cover the best practices, partially covered in the previous blogs. 1. Decide which contracts you want to migrate 2. Decide what data points you want to report on across a set of these legacy contracts 3. Set

CEO Blog 8: What are the best practices for legacy contract migration/data extraction? Read More »

CEO Blog 7: I want to know if my contracts are risky. How do I do that?

Aaah – a loaded question. There is much talk about software telling you if there is risk in your contracts. Well, what is a risk to you? That would be different than a risk to another company or someone else. To you, if the limitation of liability is capped to 2x the spend by the

CEO Blog 7: I want to know if my contracts are risky. How do I do that? Read More »

CEO Blog 5: I have 300k documents! What do I migrate into a new CLM system?

Again, a frequently asked and pertinent question This is the fifth of a ten-part series on contract migration and related data extraction, which will help your legal teams gain a better understanding of the information included in all of your contracts. The first reaction is that EVERY document and EVERY data point needs to be

CEO Blog 5: I have 300k documents! What do I migrate into a new CLM system? Read More »

CEO Blog 4: Can AI software handle it all?

This is the fourth of a ten-part series on contract migration and related data extraction, which will help your legal teams gain a better understanding of the information included in all of your contracts. This is the most asked, if not, assumed (as yes) question! And a very pertinent one. AI Software is a necessary condition

CEO Blog 4: Can AI software handle it all? Read More »

CEO Blog 3: Can I extract and track my business specific information?

As part of the legacy contract migration/data extraction series of blogs, here is the 3rd one of the series. Can I extract and track my business-specific information? But of course! In fact, 30-40% of the information Brightleaf extracts is our clients’ business-specific information. To give an example, for a Class 1 Railroad company, we extracted

CEO Blog 3: Can I extract and track my business specific information? Read More »

CEO Blog 2: What attributes do I extract and ingest into a CLM during the legacy contract migration process?

The first part of the series covered, what is legacy contract migration and why do I need to do it? Here we will discuss the next/second question that is asked very often too, what attributes do I extract and ingest into a CLM during the legacy contract migration process into a CLM? There is no

CEO Blog 2: What attributes do I extract and ingest into a CLM during the legacy contract migration process? Read More »

What is a legacy contract and approach to manage

Upgrading your data extraction technology is tough and comes with lots of questions. If you have a CLM system or are preparing to buy one, have you analyzed the importance of the information hidden in your legacy contracts lying in cabinets or shared drives for your new CLM system? In this guide, we’ll cover some

What is a legacy contract and approach to manage Read More »

Transforming contract management process with NLP

As per a study by the Institute for Supply Management, a typical Fortune 1000 company manages anywhere between 20,000 to 40,000 active contracts at any given time. Additionally, there are legacy contracts to add to the number. Keeping track of all of these contracts can be a nightmare if done manually. Using Natural language processing

Transforming contract management process with NLP Read More »

Contract Intelligence is the key to greater transparency into your contractual terms

What is contract intelligence? Contract intelligence is the process of learning and utilizing knowledge gathered using AI-assisted contract analysis to transform contracts and agreements into valuable business assets. It empowers you to have contract visibility and take actionable insights from your contracts. It not only helps in providing transparency but also in monitoring key performance

Contract Intelligence is the key to greater transparency into your contractual terms Read More »