VISDOM’s℠ Data Mining and Extraction helps give meaning to data by providing streamlined data insertion, evaluation, and risk identification.
Automated data entry
Reduce the time it takes to enter new contracts in your system. Identify key data like locations, dates, monetary values, emails, phone numbers, counterparties, and more. Don’t waste time manually importing field data when VISDOM℠ can do that for you.
Risk assessment mapping
When adding a new contract to Contract Insight™, VISDOM℠ helps pinpoint potential risk by analyzing document text, allowing the system to identify both good and bad language in a contract based on rules-based sentiment.
Smart Features for a Streamlined Experience
VISDOM’s℠ Theory Calculator provides users with recurring automated data analysis and on-screen recommendations to provide helpful guidance throughout the contract administration process.
Statistical data analysis
Determine positive, negative, or neutral facts about each contract in your system to help with visibility and strategy. If a contract has a value that is X% greater than the average contract value in your system, a message alert can be triggered as well as updated contract workflow processes.
Instant recommendations based on real-time data
Intelligent workflows provide users with recurring, on-screen recommendations and reports that provide them with overall contract visibility. Simplify key date notifications.
Identify sensitive data
Easily identify sensitive data like PII, employee data, routing numbers, credit card numbers, SSN, or other information for redaction or elimination.
Never miss a deadline again! Manage, track, and draft contracts faster. Automate and streamline the entire contract lifecycle with flexible features, and unlimited storage and version tracking.
Effectively manage the entire supplier relationship with easy access to critical vendor information, important documents, insurance certificates, workflows, scorecards, alerts, and more.
An enterprise-grade solution for sourcing, bid, acquisition, and solicitation management. Designed to work for organizations of all sizes, with a scalable architecture to meet a wide array of needs and requirements.
Automate and manage purchasing and sourcing cycles. Leverage requisitions, product and service items, approvals, budget levels, spend tracking, RFx assembly, online bidding, award management, and more.