Extract critical data in real-time with gen AI

Gen AI Solution Architecture

Problem statement

Time-Consuming Process: Manually verifying government documents was a slow and laborious task, that caused delays in decision-making and processing.

Difficulty with Volume: When the volume of government documents was more, manual verification became more challenging and less efficient.

Risk of Missing Key Information: Critical clauses, obligations, and requirements may be overlooked during manual verification, posing compliance risks for the contractors.

Limited Scalability: The current process lacks scalability, making it difficult for the client to handle a larger number of government documents and expand their operations.

Increased Error Potential: Human errors in the manual verification process can lead to inaccuracies, potentially resulting in compliance issues and contractual disputes.

Solution overview

We have worked with a leading startup in implementing a GPT based solution that parses documents, extracts content section by section, and organizes it based on clause numbers and other attributes.

Rulesets are created by identifying essential domain-specific keywords from sample documents.

Cosine similarity is used to match potential words to the ruleset, expanding the keyword list.

The system then extracts relevant paragraphs, sections, and sub-sections containing the identified keywords.

An API is built for easy access and continuous improvement of the model based on testing results.

Business impact

Faster Contract Review: The GPT-based solution speeds up the contract review process, enabling quicker responses to opportunities.

Better Compliance and Risk Management: AI-driven key clause extraction ensures critical obligations are identified, reducing compliance risks and legal disputes.

Efficient Operations: The automated analysis allows the startup to handle more contracts efficiently, leading to cost savings and improved operations.

Informed Decision-Making: GPT provides valuable insights, empowering better strategic planning and decision-making.

Cost Savings and Resource Optimization: By automating certain tasks through GPT, the startup can reduce operational costs and optimize resource allocation.

What our Clients say

"They are very responsive and able to shift focus quickly as we have needed it for business reasons."

"They [OptiSol Business Solutions] have been very friendly and they kept up with the work. They did the job as we had discussed and as everything was arranged."

“I can't speak enough about how pleased I am with their process; it was seamless and efficient.”

"What impressed me the most was their willingness to go above and beyond what was asked."

"We're constantly impressed with their speed and quality of the development that they achieve on a consistent basis."

The best part about working with OptiSol Business Solutions is their commitment to being readily available to their partners. They’re even willing to work into late hours of the night depending on time differences. The solution they produced has already doubled efficiency levels.