AI-driven automated contract review of a third party’s first-draft contract. The imported contract is analysed fully automatically, and identifies:
* Unacceptable contract clauses and provisions
* Risk-increasing clauses and provisions
* Missing (must-have) clauses.
The imported contract will automatically be converted into a Weagree-template (with the look and feel of the uploaded contract). The frame of reference for classifying all so-imported contract clauses and provisions will be the customer’s own contract templates and classifications for the type of contract. User-friendly tooling facilitates the further machine learning (classification, subclassification, qualification for risks, and extraction of contract data).
The Weagree Wizard will subsequently generate a tracked-changes contract version in which provisions that have been drafted manually or inserted from the clause library are tracked.
