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Docskiff Smart Contract Analytics

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What is Docskiff Smart Contract Analytics?

Smart Contract Analytics (SCA) is an advanced platform dedicated to Contract Discovery and Analytics, harnessing the power of Artificial Intelligence and Machine Learning to provide users with a holistic overview of contracts and related documents. This innovative platform enables organizations to extract, assess, and analyze vital information, thereby facilitating informed decision-making processes. The product boasts several key features, including the use of NLP and deep learning techniques to efficiently extract metadata. Additionally, users can export data to Excel or other preferred formats and seamlessly integrate it into any CLM or downstream system. The ability to develop dynamic machine learning models tailored to specific contract types enhances its analytical capabilities. Moreover, the platform is equipped with adapters that connect to various data sources, allowing the retrieval of legacy documents from locations such as FTP, Google Drive, SharePoint, Dropbox, and S3. It also categorizes contracts by type—such as MSA, NDA, or SOW—ensuring streamlined organization. Lastly, its document OCR functionality allows for the conversion of images, PDFs, and scanned documents into editable text, further enhancing accessibility and usability. This combination of features makes SCA an invaluable tool for organizations aiming to optimize their contract management processes.

What is KLD Analytics?

Ediscovery has undergone remarkable changes since its inception, with KLDiscovery at the forefront of providing innovative solutions and tools that enable clients to reduce costs while swiftly obtaining essential information. Their extensive range of eDiscovery analytics tools, combined with a wealth of human expertise, guarantees that clients fully capitalize on the advantages offered by their selected solutions. Neglecting to utilize eDiscovery analytics can lead organizations to face increased legal costs and the risk of missing vital documents. KLD Analytics, developed through the collaboration of data scientists, software engineers, and legal professionals, is recognized as the most advanced toolkit on the market today. It empowers users to rank and categorize documents with remarkable accuracy, leveraging machine learning technologies. Additionally, the system streamlines the routing and distribution of documents, significantly improving the review process's efficiency. It also facilitates the identification of relationships between messages and highlights the most comprehensive documents. By clustering similar records and emphasizing subtle differences, it accelerates the review turnaround time. Ultimately, adopting these cutting-edge analytics can revolutionize the eDiscovery process, making it not only more efficient but also more economical for organizations seeking to navigate complex legal landscapes. This evolution signifies a shift towards smarter, data-driven decision-making in legal practices.