Patent ID: 9189741
Filing Date: 2015-11-17
Classification: G06F,G06N,G06Q

Abstract:
1. A system for automated contract management comprising: a computing device; and a memory storing program instructions that when executed by the computing device cause the computing device to generate: an ontology of terms and cross-contractual relationships used in contracts; a conceptualization and representation of the terms of the contracts that are created from the ontology; and machine interpretable terms and machine interpretable cross-contractual relationships produced from the conceptualization and the representation of the terms derived from the contracts with reference to the ontology, in which at least a portion of the machine interpretable terms comprises numeric values and operators that operate on the numeric values and give context to the numeric values, wherein the cross contractual relationships are derived from a comparison of the operators and the numeric values in the machine interpretable terms derived from the contracts.