Featured
- 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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Why Enterprises Should Use Snowflake on Azure
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National Equipment Rental Company Improves Contracting Experience for Customers
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5 Benefits of Cloud Migration
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Contract Intelligence for Chief Finance Officers
As a Chief Finance Officer, you’re responsible for ensuring the financial health of your organization. One key aspect of this is effectively managing contracts, which have a significant impact on your organization’s bottom line. Did you know that the average cost of poorly managed contracts is about 9.2% of an organization’s annual revenue? This is […]
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