AI extraction & review transparency — found from sitemap — Concord

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Facts read from this source

• AI extraction description Report an error

  “AI-Powered Data Extraction automatically analyzes your contracts and extracts key information, saving it directly to the summary panel in Concord.”

• AI extraction fields Report an error

  “AI Data Extraction identifies and captures the following information from your contracts: Agreement Category Document Type Parties Summary Description Lifecycle Details (such as signature date, effective date, end date, renewal date, and non-renewal notice period) Total Agreement Value”

• AI extraction automatic on upload Report an error

  “If you're on an AI-enabled plan, AI Data Extraction runs automatically when you upload a signed contract.”

• AI extraction manual single Report an error

  “You can manually run AI Data Extraction on any existing document at any stage.”

• AI extraction bulk limit Report an error

  “Select the documents you want to analyze (up to 100 at a time)”

• AI extraction large scale Report an error

  “If you need to run AI extraction on your entire repository or a large number of documents beyond the 100-document limit, reach out to your Customer Success Manager. The Concord team can run bulk AI extraction for you.”

• AI extraction purple bolt indicator Report an error

  “AI-extracted data is marked with a purple bolt icon, helping you distinguish between AI-generated and manually entered information.”

• AI extraction suggestion review Report an error

  “If a field already contains manually entered data and the AI recommends a different value, you'll see the AI suggestion displayed next to the existing field.”

• AI extraction fields editable Report an error

  “You can edit any AI-extracted field at any time”

• AI extraction party mapping Report an error

  “When AI extracts parties from your contract, it automatically maps them to existing party records in Concord. If a party doesn't already exist in your system, a new party record is created.”

• AI extraction categories from predefined lists Report an error

  “AI suggests Agreement Categories and Document Types from Concord's predefined lists.”

• AI extraction rerun supported Report an error

  “Yes. Click the "Refresh Autofill Data" button to re-run the extraction. The latest AI results will replace previous suggestions.”

• AI extraction all stages Report an error

  “Yes, you can run AI extraction on documents at any stage—draft, review, signing, or contract.”

• AI extraction suggestions stored Report an error

  “AI suggestions are always stored, so you can reference them later if needed.”

• AI extraction party merge Report an error

  “If your parties are listed under different but similar names (for example, "ABC Corporation" and "ABC Corp"), you can merge these records in the party library to maintain clean, consolidated data.”

• AI extraction plan requirement Report an error

  “A: This feature is available to all Concord users on an AI-enabled plans.”

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