Contract Lifecycle Management Solutions
Enhance Capabilities Without the Development Costs
Natural Language Processing
Empower existing solutions with natural language processing (NLP) capabilities that automate abstraction. Grooper NLP enables high accuracy abstraction on any number of different document types without requiring templates.
Improve speed and efficiency of data preparation without sacrificing quality or compliance. Incorporate data preparation into existing data integration workflows. Leverage Grooper interactive quality and validation tasks to ensure accuracy governance.
Empower Contract Analytics
Offer deeper analytical reporting by extracting and classifying new data sources. Increase market share by providing your customers new operational decision-making capabilities. Build connections to external databases to fine-tune abstraction and data normalization.
Contract Text Classification
Streamline custom development for document and text classification requirements. Eliminate dependency on complicated black-box algorithms. Build and test models in real time without the limitations of other tools like Python, TensorFlow, NumPy, and Watson Natural Language Classifier. See a few examples of real-life text classification.
“Grooper will give us the access to more contract data than ever before by quickly extracting the data across thousands of lengthy contracts, allowing employees to spend time on value-adding data analysis rather than extraction.”Glena Brauer, Supervisor – Marketing Contracts and Compliance, Chesapeake Energy
“In acquisitions and divestitures, there’s millions of dollars at risk for us in knowing precisely what lease documents actually say versus what cover sheets say or the information being represented to us. With Grooper, you get precise information that has an impact on defects and revenue realization within the 45-day buying window. Without Grooper, you’d just be guessing.”Clay Chamberlain, General Counsel and Director of Legal Operations, Corterra Energy
Featured Case Studies
Thousands of companies choose BIS to enrich products and services with unique data-centric solutions. Here are some of their stories.