AI-Powered Contract Data Extraction

Extracting data from complex enterprise contracts is difficult, prone to errors, and often requires inefficient manual effort. That difficulty is magnified when dealing with highly variable contracts and related legal documents.

Our AI-Powered Contract Data Extraction solution transforms this process by enabling teams to extract key data, summarize documents, and customize extraction templates - quickly, accurately, and without technical expertise. The solution leverages Scale’s advanced document extraction technology, advanced reasoning agents, and fine-tuned extraction that models are pre-trained on a large corpus of enterprise documents for high-accuracy data extraction.

• AI-Powered Summarization & Data Extraction
  Automatically summarize enterprise contracts and extract critical data, such as key clauses, dates, terms, and obligations. This significantly reduces the time spent on manual document review and increases accuracy, enabling legal professionals to effectively process more contracts.

• Customizable Extraction Templates—No Technical Expertise Needed
  Preconfigured templates are available for common contract types, ensuring that key metadata such as contract dates, party names, and legal terms are extracted automatically. Users can easily customize extraction templates to meet specific requirements, without the need for coding or technical knowledge.

• Generative AI Reasoning Agent for Complex Documents
  Extraction jobs are powered by reasoning agents that go beyond simply extracting raw data; the agents comprehend the document’s content and align the extraction process with predefined schemas. The agent checks its work along the way, ensuring that the correct sections of the document are extracted for each field, minimizing errors and increasing accuracy.

• Scalable to Handle Complex, Variable Documents
  The AI-driven reasoning chain ensures the solution can handle highly variable and complex legal documents, such as contracts with non-standard clauses or multi-party agreements. What typically takes hours for a human to process can be done in minutes with the solution, enabling large-scale document analysis.

• Easy Review & Audit of Extraction Jobs
  The process of reviewing and auditing extraction jobs is simplified—users can open any completed job and click through the extracted fields to see the exact section of the document from which the data was pulled. This transparency ensures confidence in the accuracy of the extraction and makes it easy to identify any inconsistencies.

• Monitoring
  Monitor extraction jobs across your team, giving you full transparency into the performance of the extraction process and the efficiency gains realized by your team.

This powerful Generative AI solution was built with:

• Advanced document extraction technology and fine-tuned extraction models that are pre-trained on a large corpus of contracts and related legal documents and further trained on your document templates for improved accuracy.
• Preconfigured extraction schemas for common document types.
• State-managed agentic workflows for reasoning across different contract templates; these agents leverage chain-of-thought to ensure that the right fields are used for extraction; the agent checks its work along the way to minimize errors.
• Bespoke prompt engineering, including in-context learning, few-shot learning, and task decomposition