Featured Content
Can Today’s NLP Technology Really Understand Legal Contracts?
An Interview with ContractAI’s Principal Data Scientist and Head of R&D For those who are unfamiliar with NLP, can you help us define NLP and some of the common uses of the technology today? Natural Language Processing (NLP) is a branch of Machine Learning (ML)/...
How bp is Cutting Contracting Time from 92 Days to 8 – And Reducing Risk
THE CHALLENGE bp has thousands of suppliers around the world, and an increasing number of contracts to process, but a fixed amount of procurement and legal resources. The time to contract for SaaS contracts had risen to an average of 92 days and resources were being...
Blog
Role of Analytics and AI in Contract Lifecycle Management
App Orchid & Forrester Research Contracts are more than documents that are signed to initiate a business relationship. The real value of contracts occurs after they are signed, both in defining who does what in that relationship and who is responsible when...
App Orchid releases v2.1 Version of ContractAI
Release 2.1 is a major update to the ContractAI platform. The release includes new features for all three applications of ContractAI, enhancements to existing features in all three applications, and key issue fixes as well. Collaboration Application Award Workflow:...
Does Your Contracting Solution Have Real AI?
Artificial intelligence (AI) is everywhere. At least, the label is. Across industries, in B2C and B2B, the AI label is put on services and products without much regard as to whether they’re powered by artificial intelligence. It’s a phenomenon known as “AI washing.”...
How bp is Cutting Contracting Time from 92 Days to 8 – And Reducing Risk
THE CHALLENGE bp has thousands of suppliers around the world, and an increasing number of contracts to process, but a fixed amount of procurement and legal resources. The time to contract for SaaS contracts had risen to an average of 92 days and resources were being...
App Orchid releases v2.3 Version of its Enterprise AI Platform
App Orchid, a leading enterprise AI platform company released its newest version (2.3) of its award-winning Enterprise AI platform. Significant enhancements to its pipeline composer, knowledge graph technology and multi-device capability enable users to build...
Recent Posts
Procurement can add value to the business….but have we been listening??
An interview with Mike O’Brien, Chief Procurement Officer and Head of ContractAI at App Orchid and World Commerce and Contracting's President, Tim Cummins. In a survey conducted by WorldCC and App Orchid in the second quarter of this year, the top 2 highest values...
App Orchid releases v2.3 Version of its Enterprise AI Platform
App Orchid, a leading enterprise AI platform company released its newest version (2.3) of its award-winning Enterprise AI platform. Significant enhancements to its pipeline composer, knowledge graph technology and multi-device capability enable users to build...
App Orchid selected for IAOP’s 2021 Recognition for Excellence in Strategic Partnerships
Recognized for demonstrating excellence in collaboration, innovation, and outcomes Date: August 1, 2021 | Location: San Ramon, CA IAOP revealed today that App Orchid was selected for their 2021 Excellence in Strategic Partnerships Recognition for...
Can Today’s NLP Technology Really Understand Legal Contracts?
An Interview with ContractAI’s Principal Data Scientist and Head of R&D For those who are unfamiliar with NLP, can you help us define NLP and some of the common uses of the technology today? Natural Language Processing (NLP) is a branch of Machine Learning (ML)/...
App Orchid releases v2.2 Version of ContractAI
Release 2.2.0 is the start of the 2.2 release cycle and is focused on delivering Contract Authoring tools. Contract Authoring in ContractAI enables Procurement organization leadership to automate building context-specific contracts for each new deal sent through the...