Brightleaf is a company that provides AI-powered contract data extraction and migration services to enterprises. Its core offering is a proprietary semantic intelligence engine that utilizes natural language processing to analyze and extract critical information from legal documents and contracts. This sophisticated software can identify and extract various data points such as commercial terms, legal provisions, obligations, metadata elements, and any custom attributes specified by clients.
Brightleaf's solutions enable organizations to gain valuable insights from their contracts, minimizing risks and leveraging opportunities. The company offers three primary services: a legacy contract data extraction service, an AI data extraction software, and an API for enterprise application integration. The legacy service involves extracting data from clients' existing contracts using Brightleaf's technology, legal teams, and a Six Sigma process. The AI software automates the extraction process, OCRing contracts, deduplicating documents, creating hierarchies, and extracting pre-configured attributes. The API allows integrating the extraction engine with systems like contract lifecycle management (CLM) platforms.
Brightleaf prides itself on delivering data extraction with 99.9999% accuracy, empowering businesses to comprehensively understand their contractual obligations and make informed decisions. The company has successfully completed complex projects, including extracting over 25 million data points across various document types. In March 2024, Brightleaf launched a Legacy Contract Migration/Data Extraction Starter Pack to streamline legacy data migration for clients.
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