Case Study: KPMG achieves 90%+ contract review accuracy with Relativity Contracts

KPMG boosts contract review accuracy from 25% to 90%+ with Relativity

KPMG, a major professional services firm, faced a challenge when a client needed to precisely extract data from a vast number of differently formatted agreements. The traditional manual review process was too laborious, costly, and time-consuming for the project's needs. To address this, KPMG utilized Relativity Contracts, an AI-powered solution from Relativity.

By implementing Relativity Contracts, KPMG replaced manual extraction with custom AI prompts, used confidence scoring, and leveraged rationale statements for stronger quality control. This solution dramatically improved first-pass extraction accuracy from 25% to over 90% in some areas. The review effort dropped significantly, freeing up team resources and allowing KPMG to transform contract review into a fast, scalable, and modern solution for their clients.

KPMG