In this video, Louwis Venter from Wild Tech introduces the Contract Analysis Tool, an AI-powered solution designed to scan large volumes of contracts for specific clauses and conditions, helping organisations quickly assess their contractual risk exposure.

 

Key learnings

  • Bulk contract ingestion: Users drop in multiple contracts at once; the tool rapidly ingests and processes them all, extracting key metadata including contract names, customer information, and contract types.
  • Multimodal clause and condition detection: Using a multimodal AI approach, the tool scans each contract for specific clauses or conditions — such as price variation or fluctuation clauses — and surfaces relevant findings in a structured, readable format.
  • Risk and exposure analysis: For each contract, the tool calculates a risk profile and confidence levels, helping organisations understand their exposure — for example, identifying which supply contracts are vulnerable to fuel price increases and where pricing cannot be renegotiated.
  • Natural language search and customisation: Users can use natural language to tweak conditions, add or remove information, and adjust how results are rendered — including visual graphs — without needing technical configuration.
  • Contract drill-down and explanation: Users can click into any individual contract to retrieve specific clauses (e.g. termination clauses), view the AI’s risk assessment, and understand how confidence levels were determined — providing full transparency into how the tool reached its conclusions.

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