© Cortical.io 2020 AI: Advantages for Enterprise Contract Review & Analysis White Paper ARTIFICIAL INTELLIGENCE: Advantages for Enterprise Contract Review and Analysis January 2020 AI: Advantages for Enterprise Contract Review & Analysis © Cortical.io 2020 1 ontracting is a common activity for every company, but it is one that few companies do efficiently or effectively. The process of reviewing contracts and other legal documents is manual, tedious, and error-prone, exposing organizations to legal risks if not well managed. The financial consequences can also be severe. KPMG estimates that inefficient contracting causes firms to lose up to 40 percent of value on a given deal, 1 depending on circumstances. Contracts are integral

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