CobbleStone® has officially surpassed its goal of feeding a million clauses to its industry-leading contract intelligence engine with machine learning, VISDOM AI®.
PRINCETON, NJ (May 6, 2024) - CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – continues to make strides in the contract management space by completing a dynamic initiative.
In efforts to enrich their artificial intelligence (AI) system and optimize the CLM process, CobbleStone initiated the "Million Clause Initiative". This powerful project was completed with the assistance of named-entity recognition (NER) and natural language processing (NLP).
VISDOM AI features more than 140 different standard clause types. Additionally, it offers and recognizes various uncommon clause types for industry-tailored contract lifecycle management needs. Some standard clauses include:
- Intellectual Property (IP) Clauses
- Waivers
- Confidentiality Clauses
- Amendments
- And more
Click here to learn more about the VISDOM AI Million Clause Initiative.
"We are thrilled to complete our highly-anticipated million clause goal, and we're proud to provide clients with an enriched and knowledgeable contract intelligence engine to streamline CLM processes across industries and sectors," says Mark Nastasi, EVP and Founder of CobbleStone Software.
Contact CobbleStone Software for a free demo.
For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.
About CobbleStone Software:
CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone's contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.
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