Carbon Accounting Management Platform Benchmark…
Automation of Service Agreement (CVS) generation to optimise the contract review process through Generative AI.
Our client provides a range of services to its own clients:
Internally, our client models all these services through service agreements objects (CVS in French) in its IT system, which provides a summary of the various contractual commitments it owes to customers.
After a new contract has been signed and characterized by the relevant business department, the business integrator receives the contract for validation. During this validation, the business integrator reads the contract and the appendices to model several objects in the tools of the repository. This modeling was done manually, without assistance and required the business integrator to read and process the whole contract.
The use of artificial intelligence was expected to save a considerable amount of time in the modeling of service agreements and therefore more generally in the overall modeling of the objects in the repository.
With our experience in generative AI and semantic search, we developed a solution to automate the retrieval of information from our client’s contracts to establish a service agreement (CVS), based on semantic search through documents, combined with the use of our SiaGPT tool to extract information within documents.
This solution consists of the implementation of a user interface where the user can upload files representing a contract, to generate the associated CVS Excel file. The solution was successful in automating extraction for all file types (scan or pdf contract) and contract types. It also demonstrated that new generative AI models far outperform traditional NLP models while reducing implementation time.