EdgeVerve
148 Case Studies
A EdgeVerve Case Study
Largest Telecommunications Company faced an overwhelming manual contract-management problem: its sales, mobile-tower negotiation and contract-enforcement teams had to review 650,000+ tower lease contracts with high template variance, missing scanned fields and slow, error-prone manual extraction. To address this, they engaged EdgeVerve and its XtractEdge Document AI platform to automate contract abstraction and analytics.
EdgeVerve implemented XtractEdge using text analytics, computer vision and OCR to index, sanitize and extract clauses from 650,000+ documents, build an elastic-searchable contract summary, flag high-risk agreements and feed structured data into downstream systems. The solution enabled faster, more accurate negotiations and enforcement, delivering $20 million in savings and a 60% boost in employee productivity.
Largest Telecommunications Company