United StatesFinance and insurance2025 – ongoingDeluxe
AI extraction and analysis of contract pricing terms
Deluxe saved 800+ hours on a contract-pricing use case, UiPath reported
Problem
Deluxe needed to extract pricing obligations from complex contracts. Manual review took staff away from their regular work.
Approach
Deluxe used UiPath tools to extract information from unstructured contracts and agreements. Generative AI extracted the data, and Amazon Bedrock connectors supported subsequent analysis. UiPath's platform also provided machine learning for text classification and entity recognition.
Results
Takeaway
The reported saving covered a single pricing use case. It did not establish annual savings across Deluxe's finance operations.
Categories
- Industry
- Finance and insurance
- Business function
- Finance, risk and legal
- Innovation type
- Process innovation
- AI technology
- Generative AIPredictive analytics and ML
- Adoption
- Off-the-shelf tool or platform
- Evidence
- Vendor case study
Sources
Source summaries
UiPath described Deluxe's use of generative AI for contract extraction and Amazon Bedrock connectors for analysis. It reported 800+ hours saved on a single pricing use case.
Full details are in the original sources.