What Six Sigma really means in contract attribute extraction for Contract Management Systems
Getting all your contracts into a Contact Management System means you can manage your contractual obligations and risks. To do this you need reliable information that is both accurate and comprehensive in the database. Any error, such as a different multiplier in a penalty clause, a wrong expiry date or just a missed and not included essential element can have enormous economic impact. If you are going to rely on your contract management system you must have reliable information. Brightleaf Solutions extracts contract attributes to Six Sigma accuracy. This is 99.99% or as close to perfect as you can reasonably get. It is statistically within the perfect range. Six Sigma is achieved through clever technology that includes semantic extraction, Natural Language Processing and data transformation software. But the clincher is the human overview and quality control at each step in the extraction process. From paper through to the final upload file, there is no substitute for the quality delivered by Brightleaf.