OCR all CLM files in Weagree will become a fully automated feature (manual work will be minimal, if any). “OCR” means optical character recognition, so the conversion of a scanned (or e-signed) PDF contract into machine-readable text.
As an extension of our AI-driven automated data extraction (that starts with the automated import of the signed-scanned PDF or the final Word-version), we will open up the related powerful OCR to all files that are being imported into the CLM (including those imported during the precontractual stage). It’s already existing on Weagree’s back-end and easy to open up. So it will be available shortly. We will extend the Search capabilities of Weagree CLM to include full-text search.
