CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – continues to make strides in the contract management space by completing a dynamic initiative.
In efforts to enrich their artificial intelligence (AI) system and optimize the CLM process, CobbleStone initiated the "Million Clause Initiative". This powerful project was completed with the assistance of named-entity recognition (NER) and natural language processing (NLP).
VISDOM AI features more than 140 different standard clause types. Additionally, it offers and recognizes various uncommon clause types for industry-tailored contract lifecycle management needs. Some standard clauses include:
- Intellectual Property (IP) Clauses
- Waivers
- Confidentiality Clauses
- Amendments
- And more
Click here to learn more about the VISDOM AI Million Clause Initiative.
"We are thrilled to complete our highly-anticipated million clause goal, and we're proud to provide clients with an enriched and knowledgeable contract intelligence engine to streamline CLM processes across industries and sectors," says Mark Nastasi, EVP and Founder of CobbleStone Software.