Coupa Software Incorporated
AUTOMATICALLY IDENTIFYING RISK IN CONTRACT NEGOTIATIONS USING GRAPHICAL TIME CURVES OF CONTRACT HISTORY AND DIVERGENCE
Last updated:
Abstract:
In one embodiment, a method includes using a first computing device to access digital data representing a contract set of contract documents and digital contract metadata, weight differences between data field values, use the weighted differences to calculate distance scores, use the distance scores and a temporal ordering of the contract documents to generate and cause displaying a time curve graph comprising a geometric shape that comprises time curves and a spatial proximity at a second computing device, a measure of each time curve calculated to indicate an amount of time between a creation of two contract documents, the spatial proximity calculated to indicate a metric of similarity between the contract documents, in response to determining that the geometric shape indicates a lack of convergence over a threshold amount of time, generate and cause displaying a notification indicating that the contract set is at risk at the second computing device.
Utility
7 Apr 2021
22 Jul 2021