Cortical.io's AI makes bulk contract analysis faster and more accurate

All the sessions from Transform 2021 are available on-demand now. In the past, reviewing large stacks of documents was a mind-numbing chore for junior attorneys -- a process that could literally consume months of multiple employees' lives. But innovations in artificial intelligence have enabled Cortical.io Using large quantities of documents as inputs and a semantic folding theory-based natural language understanding system to parse content, Contract Intelligence can transform structured agreements and unstructured documents into comprehensible data. The software is able to search, extract, classify, and compare data from contracts, policies, financial reports, and other documents, including the ability to understand the meanings of concepts and whole sentences -- more than just keywords, which might previously have been extracted and searchable using basic optical character recognition.