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Proof of Concept Scenario from Ashghal of AR

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Names of the Projects: Artificial Intelligence (AI) for Contract & Commercial Management

The main objective is to implement opportunities in the procurement cycle in contract management to optimize repetitive tasks, gain intrinsic knowledge from historical project archives, enhance the quality of the contract document, eliminate conflicts with contract terms, and improve the overall efficiency of the contract procurement process. Considering the evolving pace of the technology Ashghal has taken this as a pilot project with the implementation of the following use cases:

  • Contract Procurement Strategy

  • Tender and Contract Review

  • Price Analysis

  • Financial Statement Analysis

  • Natural Language Processing

  • Supply Chain Selection

  • Document Clearance Certificate  

Information on the technologies applied: Open AI 4.0