2020 Winner Profile

Accenture

Penelope Prett

COMPANY WHERE WON: Accenture

PROJECT DESCRIPTION:

Accenture has more than a million contracts in its records system with thousands added monthly. Accenture attorneys need to regularly search and extract specific information across contracts in their daily work. These efforts were generally manual, tedious, and costly because detailed cross-document search capability was limited. An internal IT team developed an intelligent contract search solution, allowing searches by both keywords and clauses, the latter using word embedding, a natural language processing method. Today, Accenture counsel more efficiently perform precise information searching/extraction, answer strategic questions, and have an enhanced informed position in their negotiations.

INDUSTRY: Business Services