Challenge
Implementing an AI solution for automating the review and validation of customer contracts in a B2C context presents several challenges that need to be addressed to ensure efficiency, accuracy, and customer satisfaction. These challenges include:
- Variability and Complexity of Contracts
- Accuracy and Reliability
- Integration with Existing Systems
- Data Privacy and Security
- Scalability
- Training Data Availability and Bias
- User Feedback and Continuous Improvement
Approach
Using a custom ETL process:
- Contracts files (pdf/doc) are upload into a common storage
- Using DocAI (text recognition service) files are read and converted into text files
- GenAI (ChatGPT), given a context, analyzes each contract and provide /outputs relevant information like
- Contract details
- Customer details
- Missing information
- Data is stored in a relational database
- PowerBi Analysis
Value Delivered
The traditional approach – using human manual intervention – could add up delays and additional costs, depending on the volume of contracts to be reviewed. A typical HR would take between 10 to 20 minutes to review and collect data for a single contract. On average, one person would be able to review 32 contracts daily. Using AI, the full process was automated, and cost was reduced to 0,04 € per contract reviewed, being able to process 500 contract per hour for a small AI service.
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