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Digital Contracts AI

Automate Contract Data for Accuracy and Efficiency

Businesses often struggle to Digitizing key parameters in contracts and invoices such as renewal dates, discounts, and price increases, is often a struggle. Our Digital Contract AI accelerator automates this process for your business, ensuring accurate data entry into CRM or ERP systems.

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.

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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

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.

Digital contracts AI case studies

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Digital Contracts AI from Acquired Companies

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Digitizing Contracts and Invoices for Complex Financial Services

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Ready to automate your contracts with Techtorch?