Document review in due diligence processes is usually performed under strict time constraints and involves manually reviewing contracts and comparing them with a list of standard clauses that constitute acceptable contract terms, a process known as redline or blackline.
Cognitiv+ machine learning technology is able to automatically compare every new contract against a database of known and approved contracts, identifying differences and potential criticalities more accurately and in a fraction of the time than with traditional manual methods.
In this Whitepaper you will learn:
-How contract comparison can be performed automatically in a fraction of the time effectively reducing errors associated with manual review
- How to mitigate the risks involved in any due diligence process by redlining and comparing new documents against your database of approved templates