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
Manual Data Extraction
Contracts and invoices are often stored in unstructured formats like PDFs or Word documents, making it hard to extract relevant information.
Time Investment
Accounting teams spend excessive time matching invoices to contracts to ensure billing accuracy.
Duplicate Invoices
Errors in invoicing, such as duplications, create friction with customers and lead to inefficiencies.
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
Increased accuracy
Eliminate manual errors, improving contract and invoicing accuracy.
Time savings
Drastically reduce the time teams spend manually reading and inputting contract details.
Improved financials
Enhance ARR, renewals, and DSO by ensuring timely and accurate invoicing.
Customer satisfaction
Eliminate invoicing errors and improve customer relationships.
Automation
Automatically digitize contracts and invoices, ensuring all relevant information is captured and entered into the correct system.