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- Customer success story
Generative AI Test Shows 50% Reduction in Contract Migration Effort
Did you know that over 50% of in-house legal teams are overburdened? According to a report by the Corporate Legal Operations Consortium (CLOC), 83% of legal departments expect demand to increase, with 63% identifying workload and resource bandwidth as their top challenge.
Most of the legal teams’ work revolves around contract management, analyzing contracts, and manually extracting data, which can be labor-intensive, time-consuming, and prone to errors. This often leads to poor contract management, creating financial and legal risks.
At CloudMoyo, we asked a simple question: What if generative AI could do it better?
Using CloudMoyo IntelliDoc Analyze (CDA), our generative AI-powered service accelerator, our team tested document analysis and data extraction capabilities to see how it measured up against traditional methods. The process involved structured testing, careful validation, and a clear goal – to reduce effort without compromising accuracy.
What we discovered was more than just faster processing. Emerged patterns, improved accuracy, and tasks that required hours of human review were completed in just a fraction of the time with CDA.
Download this case study to learn more about the impact of generative AI on contract management and legal teams.
- Videos
- March 21, 2025
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Applying artificial intelligence to contract management
Contracts are difficult (or rather impossible) to sort. They are everywhere, distributed across many repositories, scattered across multiple locations. The inaccessibility of contracts makes the task of managing them cumbersome, leading to a risk of losing out important business opportunities that are buried in these resources. The manual handling of these contracts becomes even more […]
Cloud analytics with Compute Optimized Gen2 tier of Azure SQL Data Warehouse
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