AI Extract Tool
Automatically extract key metadata, dates, and clauses from contracts using AI.
Executive Summary
The AI Extract Tool by Gatekeeper is an advanced solution designed to automate the process of converting fragmented legacy contracts into structured, digital records. It leverages artificial intelligence to accurately identify and extract critical information such as key metadata, important dates (e.g., renewal, expiry), and specific contractual clauses from various document formats, including PDFs. This tool significantly reduces the manual effort traditionally associated with contract data entry and management, enhancing data accuracy and accessibility. By digitizing and centralizing contract information, it empowers organizations to streamline their contract lifecycle management, improve compliance, and gain deeper insights into their vendor relationships and contractual obligations, ultimately supporting more efficient and risk-aware operations.
Use Cases
- Converting legacy paper contracts and scanned documents into digital records.
- Populating a centralized contract repository with extracted metadata and clauses.
- Automating data entry for new contracts to ensure consistency and accuracy.
- Ensuring compliance by quickly identifying key clauses, obligations, and renewal dates.
- Supporting audit preparation by centralizing and making contract data easily searchable.
Features
Visibility
- Centralized Contract Repository: A single source of truth for all contracts, accessible and searchable, populated by AI-extracted data.
- Vendor & Contract Dashboards: Visual dashboards providing real-time insights into contract status, vendor performance, and key metrics.
- Kanban Workflow Views: Visual workflow management for contract lifecycle stages, from creation to renewal.
Intelligence
- AI-Powered Data Extraction: Automatically extracts key metadata, dates, and clauses from contracts using advanced AI.
- Risk Profile Analysis: Assesses and monitors vendor risk profiles associated with contracts, leveraging extracted data.
- Playbook Compliance Comparison: Compares extracted contract terms against predefined organizational playbooks for compliance and consistency.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- Natural Language Processing (NLP)
- Machine Learning
Integrations
- NetSuite
- ERP systems
- CRM systems
- Finance systems
Security & Compliance
Certifications: GDPR, ISO 9001, ISO 27001, SOC 2
Encryption: Data encrypted in transit and at rest.
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About Gatekeeper (Contract & Vendor Management) Ltd
Gatekeeper offers a cloud-based Vendor and Contract Lifecycle Management (VCLM) platform that centralizes third-party supplier data, automates contract renewals, and streamlines governance workflows. The platform leverages AI for data extraction and provides modules for spend, risk, and compliance, supporting procurement, legal, finance, and IT teams with comprehensive visibility and control.