The future of generative AI for contract intelligence and analytics

It’s no secret that there has been a surge of funding into AI, but what are financial institutions considering before investing in AI solutions and what aspects of their operations will benefit from this technology?

96%

Global execs agree Gen AI will impact their firms in 3-5 years¹

40%

of all working hours can be impacted by LLM¹

100M

monthly users of GenAI LLMs – the fastest growing app in history²

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to get involved in our advancements with GenerativeAI

Until the recent breakthroughs, AI was not a viable solution for Likezero in addressing complex agreement data challenges. Instead, we pioneered data mining and matching techniques to overcome these challenges.

Our recent testing has proven that we are now uniquely positioned to harness the latest advancements:

We have proven we can use GenAI as an accelerator without sacrificing our core design principles, so the software’s data collection process remains 100% accurate
We have maintained the traceability and audibility of data, overcoming the associated control or governance issues with AI
Our data mining approaches mean we can leverage Small Language Models (SML) which are more efficient to train and deploy than Large Language Models (LLM)
Data mining and matching remains to be the only useful approach for transforming legacy contracts into structured data. GenAI can then be leveraged to enable advanced analysis and contract optimisation

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The future of generative AI for contract intelligence and analytics

96%

40%

100M

Contact us

We have proven we can use GenAI as an accelerator without sacrificing our core design principles, so the software’s data collection process remains 100% accurate

We have maintained the traceability and audibility of data, overcoming the associated control or governance issues with AI

Our data mining approaches mean we can leverage Small Language Models (SML) which are more efficient to train and deploy than Large Language Models (LLM)

Data mining and matching remains to be the only useful approach for transforming legacy contracts into structured data. GenAI can then be leveraged to enable advanced analysis and contract optimisation

Thank you