Imported contract will automatically be converted into text (OCR). In the imported contract, various types of data are recognised and tagged, fully automatically. Types of retrievable contract data include: party names, locations, countries (incl. applicable law), amounts, currencies, and dates (e.g. effective date, repayment date, delivery, expiry date).
The values identified in the imported contract are linked to the eligible CLM fields (tooling will fully automatically identify the eligible CLM dates or amount-fields), and propose those to the end-user.