Conga's AI helps you learn the details of your contracts, enabling your business to make better decisions. It uncovers and extracts key information from commercial agreements, unstructured contracts, and related documents, helping track contract management information.
Provisions are information that Conga's AI has been trained to identify in document contents, automatically populating field results. The Contract Intelligence AI is trained to extract over 1,200 common legal clauses, provisions, and data points from more than 130 document types.
Built-in provisions are preloaded in Contract Intelligence and work without added configuration. These fields are not modifiable, so adding or removing results for a given built-in field does not affect its future behavior. Trained by experienced lawyers and domain experts, these provisions are regularly maintained, and we regularly add built-in provisions to our library based on market changes and customer demand.
Because our customers are from many different industries, we intentionally build our provisions broadly, training the provisions on a variety of document types in various governing jurisdictions. Each provision contains a description describing what the provision is trained to capture and the types of documents it has been trained on. Before release, each provision is rigorously tested on a holdout set of documents that the provision was not previously trained on, ensuring our understanding of its behavior and its effectiveness on unfamiliar documents.
Getting the Most Out of Built-in Provisions
Our built-in provisions are not perfect and human review remains expected for documents and annotations. For best results, review provision descriptions before using them (either yourself or by engaging an attorney in the loop with Verified Extraction) and use provisions on the same document types they were trained on; for example, do not expect a provision trained on general commercial agreements to perform as well (or at all) on credit agreements.
Provision Types
Contract Intelligence brokers built-in provisions, which range from the most general and universal contract characteristics (such as parties or consideration) to contract provisions that are tailored to unique agreement types and industries, and facilitates custom provisions that you can build and train to meet your unique needs. You can build custom provisions on your own or base them on existing built-in or custom provisions.