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AI-Powered Contract Data Extraction

Increase the efficiency of extracting data from the most complex contracts with data extraction powered by advanced AI.

Legal
Data Extraction
Increase Efficiency
Financial Services
Accounting
Telecommunications
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Business Challenge

You won't believe what happens next.

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.

Solution Overview

You won't believe what happens next.

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.

Technical Implementation

You won't believe what happens next.

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

 


The future of your industry starts here.