Digital Contracts AI
Automate Contract Data for Accuracy and Efficiency
This eliminates manual work, increases ARR, improves renewal rates, and reduces invoicing errors.
Challenges of Manual Contract and Invoice Management
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Manual Data Extraction
Contracts and invoices are often stored in unstructured formats like PDFs or Word documents, making it hard to extract relevant information.
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Time Investment
Accounting teams spend excessive time matching invoices to contracts to ensure billing accuracy.
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Duplicate Invoices
Errors in invoicing, such as duplications, create friction with customers and lead to inefficiencies.
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No CRM/ERP Integration
Contracts and invoices are not digitized or connected to the correct systems, causing delays and potential revenue leakage.
Benefits of Digital Contracts AI accelerator
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Increased accuracy
Eliminate manual errors, improving contract and invoicing accuracy.
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Time savings
Drastically reduce the time teams spend manually reading and inputting contract details.
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Improved financials
Enhance ARR, renewals, and DSO by ensuring timely and accurate invoicing.
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Customer satisfaction
Eliminate invoicing errors and improve customer relationships.
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Automation
Automatically digitize contracts and invoices, ensuring all relevant information is captured and entered into the correct system.