Natural Language Processing (NLP) is revolutionizing how IT procurement teams analyze and manage contracts. This presentation will explore how NLP can streamline contract review processes, automate the extraction of key terms, and improve compliance management. Attendees will learn how NLP can be applied to identify risks, inconsistencies, and opportunities for cost savings, all while reducing manual effort and human error. Discover how to leverage NLP technologies to enhance contract negotiation, reduce cycle times, and ensure that contracts are aligned with organizational goals.
In this session you will learn:
- How to implement NLP tools to efficiently extract and analyze contract terms and conditions?
- How to use NLP to identify hidden risks and compliance issues in contracts?
- How to streamline the contract negotiation process by automating key contract reviews?
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