The news highlights just how central contracts are to the future of AI in business. The fact that OpenAI has chosen contracts is massively significant. They could have highlighted any B2B use case, and they chose this one. That tells you how critical contract data is in the real world.
Contracts are one of the most valuable applications of generative AI, but also among the most complex. While DocuGPT is a powerful step forward, the challenges are immense:
There will be 1,000 ‘gotchas’ in the months ahead: precedence rules, cross-document analysis, logical processing of amendments and orders, and the absolute premium on accuracy required to make this work. These are challenges we’ve been solving at Pramata for years.
At Pramata, we have long recognized the unique challenges of unlocking contract data and have built solutions that deliver accuracy, reliability, and real-world value for legal, compliance, sales, and procurement teams.
OpenAI’s move underscores what we already know: contract intelligence is one of the highest-value applications of AI. As the market continues to evolve, Pramata remains at the forefront of turning complex contracts into actionable business intelligence.
Want to learn how your organization can unlock the full value of its contract data? Contact us to see how Pramata can help.
