Case Study: Largest Japan-headquartered Multi-National Conglomerate Company achieves early contract risk identification, reduced legal costs and improved legal productivity with EdgeVerve (Infosys Nia Platform)

Procurement Contracts for Spend Classification

EdgeVerve was engaged by the Largest Multi-National Conglomerate Company to tackle a time-consuming procurement contracts process. The customer's value chain integration division spent months drafting, negotiating, approving and repositioning large volumes of buyer–supplier contracts and needed fast, reliable extraction of critical clauses (obligations, warranties, compliance, timeframes) and early risk identification. The proposed solution included the Infosys Nia Platform as the AI foundation.

EdgeVerve implemented a neural‑network–based knowledge model and entity‑extraction risk identification solution with an end‑user interface that summarizes contracts and enables side‑by‑side comparisons. As a result, EdgeVerve’s deployment delivered early risk identification and mitigation, reduced legal costs and manual effort, and increased legal bandwidth and staff productivity for the customer.