What is generic-contract automation?
A generic contract is a legally binding document between two or more parties that outlines mutual obligations, rights, and responsibilities. Generic contracts come in various forms, such as service agreements, employment contracts, and partnership agreements. AI technologies speeds up the data extraction process which improve the efficiency and accuracy.
How to extract data from generic contracts with AI?
Set up your AI parser within minutes in 3 simple steps.
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1. Simply upload your generic contracts
Send your generic contracts to Parseur via email or directly upload them.
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2. AI data processing
The data is instantly extracted with our AI tool.
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3. Automated export
The extracted data is then seamlessly integrated into your contract management system, or legal software.
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What fields can Parseur extract from generic contracts?
Below is a list of the most commonly extracted fields from generic contracts. With Parseur, you have the flexibility to customize this list by adding, renaming, or removing fields as needed.
Parseur is designed to support generic contracts automation in any language and format.
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Sample value
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Text (multi-lines)
CompanyName
The name of the service provider.
Bright Solutions Consulting, LLC
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Text (multi-lines)
CompanyAddress
The address of the service provider.
123 Market Street, Suite 500, Denver, CO 80202
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Text (multi-lines)
Email
The email of the service provider.
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Text (multi-lines)
CompanyName
The name of the client.
Harper Manufacturing Co.
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Text (multi-lines)
CompanyAddress
The address of the client.
456 Industrial Avenue, Austin, TX 73301
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Text (multi-lines)
Email
The email of the client.
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Text (multi-lines)
ScopeOfServices
The scope of services.
Conducting a full audit of current supply chain processes
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Text (multi-lines)
Term
The terms of the contract.
This Agreement shall commence on September 15, 2024, and shall remain in effect until November 1, 2024, unless terminated earlier by either party in writing.
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Text (multi-lines)
DisputeResolution
The dispute resolution of the contract.
Both parties agree to first seek resolution through good-faith negotiations.
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Text (multi-lines)
GoverningLaw
The governing law of the contract.
This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado.
Why choose Parseur for generic contracts automation?
Parseur sets your legal data management on autopilot, allowing you to focus on your core business.
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Reduced Processing Time
Automate the extraction of critical data from generic contracts to reduce time spent on contract review and processing.
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Increased Accuracy
Ensure all important clauses and terms are accurately captured, reducing the risk of missing key terms.
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Cost Savings
Lower operational costs through automation of manual data entry tasks and reduce the need for additional staffing, even during peak periods.
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Enhanced Data Security
Maintain accurate records and streamline the management of your legal obligations.
Parseur was the most complete, the one that got the best recognition text, and the one that seemed most professional.
FAQ about generic contracts automation
All your questions about our legal automation tool.
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Parseur has native integrations with Zapier, Make and Power Automate that enable you to export data to Docusign or PandaDoc, for example.
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No coding skills are required to use Parseur. Our AI and visual editor allows you to create custom templates and parsers with ease.
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Our OCR engine was extensively trained to recognize text in more than 60 languages, including English, Spanish, French, German, Dutch, Russian, Japanese, Korean, Chinese, Hebrew, Arabic, Hindi, and more. Furthermore, it has experimental support for another 160+ languages.
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Security is our top priority. Parseur uses advanced encryption standards to protect your data. We adhere to strict data privacy regulations and implement best practices to ensure your contract information is secure and confidential.
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Definitely! Parseur can process thousands of documents within minutes.
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You can review our pricing plans here.
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