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Zug, Switzerland – Apr 22, 2024
Framesoft is thrilled to announce the release of its latest groundbreaking technology, Framesoft Artificial Intelligence (FAI). This state-of-the-art artificial intelligence platform is revolutionizing the field of contract management, offering unparalleled efficiency, accuracy, and insights.
FAI is leveraging Generative AI & Large Language Model to automate and enhance the entire lifecycle of contract management. From creation and negotiation to compliance and analysis, FAI will streamline operations, reduces errors, and provides actionable insights, thereby significantly improving productivity and strategic decision-making.
Furthermore, leveraging Framesoft Artificial Intelligence (FAI) offers transformative benefits that can significantly enhance:
- Operational efficiency,
- Reduce risks, and
- Unlock strategic insights.
FAI revolutionizes the way organizations manage contracts, from analysis to compliance, providing a competitive edge that is indispensable for businesses aiming to thrive.
1. Streamlined Operations & Cost Savings
FAI automates the tedious and time-consuming tasks of contract review, data extraction and reconciliation. By significantly reducing the manual effort involved in these processes, businesses can allocate their resources more effectively, focusing on strategic initiatives rather than administrative tasks. This operational efficiency translates into substantial cost & time savings.
2. Enhanced Accuracy & Reduced Risks
The precision of FAI in analyzing complex legal documents minimizes the risk of human error, ensuring that key terms, obligations, and compliance requirements are accurately identified.
3. Improved Contract Visibility and Compliance
FAI provides unparalleled visibility into contract portfolios, enabling businesses to easily track and manage their contractual obligations, rights, and risks. This enhanced oversight ensures that contracts are consistently in compliance with the data items stored in FCR.
4. Competitive Advantage and Strategic Insights
By harnessing FAI, businesses can unlock valuable insights into contract performance, relationships, and market opportunities. This data-driven approach facilitates more informed strategic decisions, helping to identify trends, optimize contract terms, and negotiate from a position of strength. The competitive advantage gained through FAI is a game-changer, enabling businesses to stay ahead.
5. Seamless Integration and Scalability
FAI is integrated into FCR and its workflows, ensuring a seamless transition and immediate efficiency gains. FAI allows to handle an increasing volume of contracts with consistent accuracy, supporting business growth.
Embrace the Future of Contract Management with Framesoft Artificial Intelligence (FAI)
To request a FAI demo, please contact us at
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Zug, Switzerland – Feb 27, 2024
Framesoft is thrilled to announce the upcoming launch of its latest groundbreaking technology, Framesoft Document Intelligence (FAI) later in 2024. This state-of-the-art artificial intelligence platform is set to revolutionize the field of contract management, offering unparalleled efficiency, accuracy, and insights.
FAI will leverage advanced machine learning algorithms and natural language processing to automate and enhance the entire lifecycle of contract management. From creation and negotiation to compliance and analysis, FAI will streamline operations, reduces errors, and provides actionable insights, thereby significantly improving productivity and strategic decision-making.
Key Features
1. Document Digitalization & Text Extraction
Optical Character Recognition (OCR) technology is used to digitize physical documents or parse digital formats. Preprocessing techniques improve the quality of text extraction and handling issues
2. Understanding Contracts
FAI analyses the semantics of the text to understand the context and meaning of clauses within agreements. This involves parsing legal language, identifying definitions, obligations, rights, and conditions.
3. Data Extraction
FAI will be trained on legal documents extract essential data points from agreements, such as termination events, collateral arrangements, and netting provisions
4. Agreement Identification
Based on the data extraction FAI checks if the agreement already exist in FCR. If so, the agreement data items stored in FCR will be compared with the clauses extracted from the document. If the agreement does not exist a new agreement is created. FAI can detect and flag anomalies or differences between the contract document and FCR repository data items, prioritizing them based on predefined rules or their potential impact.
5. Reconciliation
FAI compares extracted data items from agreements with clauses / data items stored in Framesoft Contract Repository (FCR). This involves matching contract terms, parties, and conditions to identify discrepancies or inconsistencies. The results will be presented in FCR Compare screens and can be applied or rejected.
6. Continuous Learning and Improvement
As FAI is exposed to more contracts and reconciliation tasks, it learns from corrections and feedback, further improving its accuracy and efficiency over time. Additionally, FAI offers a chatbot to place user inquiries and provide accurate and nuanced responses.
7. Workflow Automation
Automated workflows are established where FAI triggers actions based on analysis outcomes, such as updating records, generating compliance reports, or initiating review processes.
Transforming Contract Management with AI-Powered Efficiency
Framesoft Document Intelligence (FAI) is more than just a tool; it is a transformative solution designed for any organization that deals with contracts regularly. FAI offers significant advantages, making contract management more efficient, secure, and strategic.
Embrace the Future of Contract Management with Framesoft Document Intelligence (FAI)
For more information about Framesoft Document Intelligence (FAI) or to request a demo, please contact us at via e-Mail
Join us in ushering in a new era of contract management. With Framesoft Document Intelligence, your organization can look forward to a future where contract management is not just a necessity but a strategic advantage.
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Zug, Feb 6, 2024: Framesoft is thrilled to announce the release of Framesoft High Availability (FHA) later this year.
Framesoft High Availability (FHA) will ensure operational and accessible Framesoft solutions with minimal downtime, critical for preventing operational disruptions, financial losses, or safety risks. FHA employs redundancy to eliminate single points of failure, utilizing redundant components that seamlessly take over during failures. This strategy includes spreading service components across various locations to reduce the risk of localized failures affecting the entire system.
Redundancy is a key component of Framesoft High Availability (FHA), ensuring that there are no single points of failure. This is achieved through redundant components which can take over operations in the event of a failure. Failover mechanisms automatically switch to a redundant or standby component upon the failure of a primary component, ensuring continuity of service.
Framesoft High Availability (FHA) spread out the components of a service across multiple physical and / or logical locations to mitigate the risk of a localized event causing total system failure as outlined below.
For more information, please refer to the Framesoft High Availability (FHA) 1-Pager below or get in contact with us at
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Zug, Jan 30, 2024: Framesoft is delighted to announce the successful integration of Framesoft Document Assembly (FDA) by a prominent European Financial Institution, now employed as the universal contract template assembly tool within the Framesoft Contract Repository (FCR). This integration marks the completion of the initial setup of clauses and prioritized contract type templates in FDA, seamlessly connected to the contract request workflow. This pivotal link ensures the efficient generation of contracts in the "Produce First Draft" task.
The FDA significantly enhances the efficiency of the document template creation process. It enables a flexible and intuitive online configuration of "Contract Templates" and their constituent components, such as documents, sections, and clauses.
Each component, once created within the Document Assembly module, can be utilized across multiple contract templates, fostering consistency and efficiency. Subsequent updates to any document template component are meticulously managed, with each alteration leading to the creation of a new version. This rigorous version control ensures that all previous iterations remain accessible for audit purposes, thus maintaining a comprehensive and transparent audit trail.
For more information refer to Framesoft Document Assembly (FDA).
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Zug, Jan 29, 2024: Contract Management - A Strategic Imperative
Elevate your enterprise with Framesoft Contract Management (FCM)! Embrace the power of strategic contract management to turbocharge your operations, bolster financial performance, and slash risks. Dive into the future with FCM, your partner in navigating complex contract landscapes. Discover the FCM difference and revolutionize your contract processes. Step into a new era of efficiency at Framesoft Contract Management.
Transform today, triumph tomorrow!