Whitepaper

Automated metadata extraction – Use AI software or outsource?

This whitepaper highlights when to use a software-only solution and a full-service firm that extracts metadata from contracts.

Key Takeaways

Outsourced to specialized contract data-extraction firms 

  • Legacy contracts
  • High volumes
  • Extremely high accuracy
  • Complete review by lawyers
  • A full-service solution, for new A CLM installation

AI Software solution 

  • Third party paper
  • Live Contracts
  • Smaller volumes coming in daily, after A CLM installation
  • Review/checks done by internal staff
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