Artificial Intelligence (AI) is becoming increasingly important in the analysis and classification of documents, especially in Due Diligence processes. Due Diligence is a process in which the parties involved in a transaction, such as the purchase of a company, investigate the other party to ensure that there are no unknown legal or financial problems. Document analysis is an important part of this process, as documents may contain valuable information about the company in question.
AI can be used to automate and accelerate this document analysis process. One of the main advantages of AI is its ability to learn from data and improve over time. This means that AI can be trained to identify and classify documents more accurately and efficiently than a human would do manually.
One of the most popular AI tools for document analysis is Kira Systems. Kira uses advanced machine learning techniques to extract valuable information from documents such as contracts and other legal documents. The tool can also be used to automate tasks such as report generation and the identification of relevant clauses.
IT Legal Experts, the official representative of Litera in South America, has extensive experience in technological solutions to optimize Due Diligence processes and can help your company implement Kira and other AI tools to improve your Due Diligence processes.
In summary, artificial intelligence has an increasingly important role in document analysis and classification in Due Diligence processes, and the Kira tool is one of the most popular in this regard. IT Legal Experts, the official representative of Litera in South America, can help companies implement this tool and improve their document analysis processes, ensuring legal security and process efficiency.
This article was written by Thaís Victoretti, Consultant in Innovation, Artificial Intelligence and Legal Technology.