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ABBYY launches Text Analytics for Contracts

GRC Announcements | June 14, 2018

ABBYY, a global provider of content intelligence solutions and services, recently announced the launch of ABBYY Text Analytics for Contracts, a managed service that automatically discovers insights from contracts and leases to speed up risk mitigation, obligation analysis, and content migration.

With Text Analytics for Contracts, businesses can leverage the entire ABBYY technology portfolio to accelerate time-to-value and successfully implement their contract lifecycle management, robotic process automation, and digital transformation strategies.

ABBYY’s human-like understanding of contracts enables users to speed-read documents by pinpointing sections, clauses and facts for systems of records or other business processes to drive contextually informed, accelerated decision-making. The service is well suited for large and medium-sized enterprises, large-scale system integrators and independent software vendors who need to...

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