An extra set of eyes that identifies key insight and hidden risks in all your contracts
aoVision is a Contract Insights Application that extracts key contract information and insights, and identifies hidden risk in minutes so you know exactly what you’re signing.
Powered by the App Orchid’s next generation Enterprise AI platform, here’s how it works.
Truly Understand your Contracts and Documents
POWERFUL OCR AND NATURAL LANGUAGE PROCESSING
Scan any document, from any source in seconds, understand contextual meaning of clauses and deliver insight into key areas that matter to you
Identify missing terms and pre-requisites, such as negotiation boundaries, policy transgressions, material changes, clause and template similarity, obligation exposures, etc.
Identify Key Trends and Mitigate Hidden Risk
Get the answers you need about your organization’s contracting trends and behavior – and improve the contract template, terms, structure, language and clause options
Analyze negotiation boundaries, legal and compliance implications, obligation intents in seconds.
Identify High-Risk clauses and contracting terms, rank supplier risk.
Fast deployment, Easy to use
Works with any document type (Word, PDF, Pictures, Scans, etc.
Integrated with any CLM or repository
AI is trained and ready to use in 4-8 weeks
“When [aoVision] ingested and analyzed bp’s historical contracts and contracts signed over the last 18 months, bp gained powerful insights that enabled bp to set contract templates and clause options that streamlined the contracting process and mitigated contractual risk in new contracts.”
How our customers use aoVision
Ensure Contract Standard Compliance by scanning and detecting non-standard language and clauses in contracts
Analyze Supplier Paper Contracts to highlight main differences between buyer and supplier paper, significantly reducing the time to contract
LEGAL OPS & PROCUREMENT
Customers use aoVision to catch those errors by extracting and matching terms automatically.
Extract clause entities such as Listing and Lease Agreements from commercial real estate agreements to automatically identify all audit criteria and high-risk areas
Sales & PROCUREMENT
Extract SOW metadata from contracts to speed up SOW processing and new client on-boarding
Build Risk Profile & Operationalize PADU
Need more features?
aoVision is part of the ContractAI Contract Accelerator Suite
AI DRIVEN CONTRACT INSIGHTS
- Extract Contracts from any system in any format, including supplier paper
- Analyze and extract Contract Metadata for review in minutes
- Identify hidden risks, key insights, as well as clause variances from historical terms
GUIDED CONTRACT AUTHORING
- Guided Contract Creation – build policy compliant templates and contracts rapidly
- Dynamic deal creation ie. RfX
- Reports & Dashboards
RAPID CONTRACT NEGOTIATION
- Customer/Supplier collaboration
- Compare Suppliers
- Suppliers get pre-vetted, pre–scored clause options
- Rank suppliers based on terms selection