SYSTEMS AND METHODS FOR PREDICTIVE ANALYSIS REPORTING

Systems and methods may utilize a predictive analysis model to analyze a contract or other document. A system may parse a document and/or a repository of information associated with the document. The system may identify one or more terms in the document and corresponding terms in the repository. The...

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Bibliographic Details
Main Authors Bailey, Robert D, Shillingford, Samuel Z, Valley, Matthew, Wood, Joseph M, Darais, Damon A, Richards, Wacey T, Shillingford, Stephen W, Kiemel, Michael E, Sintay, Stewart A
Format Patent
LanguageEnglish
Published 23.01.2020
Subjects
CALCULATING
COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS
COMPUTING
COUNTING
HANDLING RECORD CARRIERS
PHYSICS
PRESENTATION OF DATA
RECOGNITION OF DATA
RECORD CARRIERS
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Summary:Systems and methods may utilize a predictive analysis model to analyze a contract or other document. A system may parse a document and/or a repository of information associated with the document. The system may identify one or more terms in the document and corresponding terms in the repository. The system may determine a difference parameter between a first term extracted from the document and a second term extracted from the repository. The system may determine whether the difference between the first term and the second term, represented by the difference parameter, is likely to be acceptable to the user using a predictive analysis model. The system may report a validation parameter indicating a level of acceptability associated with the difference. User feedback on the accuracy of the predictive analysis model is used to train, modify, and improve the predictive analysis model.
Bibliography:Application Number: US201916510644